With this equity back-testing module your can estimate the performance of a buy and hold strategy of Flex Ltd and determine expected loss or profit from investing in Flex Ltd over given investment horizon. Additionally see Flex Ltd Hype Analysis, Flex Ltd Correlation, Flex Ltd Valuation, Flex Ltd Volatility as well as analyze Flex Ltd Alpha and Beta and Flex Ltd Performance.
|Horizon||30 Days Login to change|
Flex Ltd 'What if' Analysis
October 15, 20180.00
December 14, 20180.00
If you would invest 0.00 in Flex Ltd on October 15, 2018 and sell it all today you would earn a total of 0.00 from holding Flex Ltd or generate 0.0% return on investment in Flex Ltd over 60 days. Flex Ltd is related to or competes with Eltek Ltd, Benchmark Electronics, Celestica, IEC Electronics, Jabil, and Plexus Corp. Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment man...
Flex Ltd Upside/Downside Indicators
Flex Ltd Market Premium Indicators
Flex Ltd Backtested Returns
Macroaxis considers Flex Ltd to be unusually risky. Flex Ltd secures Sharpe Ratio (or Efficiency) of -0.1191 which denotes Flex Ltd had -0.1191% of return per unit of risk over the last 2 months. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Flex Ltd exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Flex Ltd Coefficient Of Variation of
(842.34) and Mean Deviation of 2.98 to check risk estimate we provide. Macroaxis gives Flex Ltd performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.3815 which denotes to the fact that as returns on market increase, returns on owning Flex Ltd are expected to decrease at a much smaller rate. During bear market, Flex Ltd is likely to outperform the market.. Even though it is essential to pay attention to Flex Ltd historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Flex Ltd exposes twenty-eight different technical indicators which can help you to evaluate its performance. Flex Ltd has expected return of -0.7392%. Please be advised to confirm Flex Ltd Value At Risk, and the relationship between Jensen Alpha and Skewness to decide if Flex Ltd past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.41)|
|Spearman Rank Test||-0.3|
Flex Ltd lagged returns against current returns
Current and Lagged Values
Flex Ltd regressed lagged prices vs. current prices
Current vs Lagged Prices
Flex Ltd Lagged Returns
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations