Fluor Stock Alpha and Beta Analysis

FLR Stock  USD 42.28  0.37  0.88%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fluor. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fluor over a specified time horizon. Remember, high Fluor's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fluor's market risk premium analysis include:
Beta
1.87
Alpha
(0.09)
Risk
2.51
Sharpe Ratio
0.0844
Expected Return
0.21
Please note that although Fluor alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Fluor did 0.09  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Fluor stock's relative risk over its benchmark. Fluor has a beta of 1.87  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fluor will likely underperform. At this time, Fluor's Price Book Value Ratio is relatively stable compared to the past year. As of 03/29/2024, Price Fair Value is likely to grow to 3.03, while Enterprise Value Multiple is likely to drop 5.84.

Fluor Quarterly Cash And Equivalents

2.42 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Fluor Backtesting, Fluor Valuation, Fluor Correlation, Fluor Hype Analysis, Fluor Volatility, Fluor History and analyze Fluor Performance.
To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.

Fluor Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fluor market risk premium is the additional return an investor will receive from holding Fluor long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fluor. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fluor's performance over market.
α-0.09   β1.87

Fluor expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fluor's Buy-and-hold return. Our buy-and-hold chart shows how Fluor performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Fluor Market Price Analysis

Market price analysis indicators help investors to evaluate how Fluor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fluor shares will generate the highest return on investment. By understating and applying Fluor stock market price indicators, traders can identify Fluor position entry and exit signals to maximize returns.

Fluor Return and Market Media

The median price of Fluor for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 38.21 with a coefficient of variation of 4.58. The daily time series for the period is distributed with a sample standard deviation of 1.76, arithmetic mean of 38.47, and mean deviation of 1.41. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Do Its Financials Have Any Role To Play In Driving Fluor Corporations Stock Up Recently
02/09/2024
2
Fluor Non-GAAP EPS of 0.68 beats by 0.11, revenue of 3.8B misses by 310M
02/20/2024
3
Disposition of 2784 shares by Morgan Anthony of Fluor subject to Rule 16b-3
03/01/2024
4
Flare Price Tops 0.0416
03/04/2024
5
Fluor joint venture wins 45 billion DOE Hanford contract
03/07/2024
6
Fluor JV Secures 45 Billion Hanford Contract With DOE
03/08/2024
7
Flare Price Tops 0.0406
03/11/2024
8
Truist Securities optimistic about Fluor stock, starts coverage at Buy
03/14/2024
9
Disposition of 3387 shares by Morgan Anthony of Fluor at 46.07 subject to Rule 16b-3
03/18/2024
10
Robust Backlog Growth Aids Fluor , Project Delays Hurt
03/19/2024
11
Acquisition by James Breuer of 9990 shares of Fluor at 35.76 subject to Rule 16b-3
03/20/2024
12
Fluor Up 10.2 percent Since Last Earnings Report Can It Continue
03/21/2024
13
Beyond New Horizons Secures 3.7 Billion U.S. Air Force Test Operations and Sustainment II Contract
03/25/2024

About Fluor Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fluor or other stocks. Alpha measures the amount that position in Fluor has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2020 2021 2023 (projected)
Current Ratio1.411.421.6
Price To Book Ratio2.172.513.03

Fluor Upcoming Company Events

As portrayed in its financial statements, the presentation of Fluor's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fluor's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fluor's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fluor. Please utilize our Beneish M Score to check the likelihood of Fluor's management manipulating its earnings.
20th of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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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
When determining whether Fluor is a strong investment it is important to analyze Fluor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fluor's future performance. For an informed investment choice regarding Fluor Stock, refer to the following important reports:
Check out Fluor Backtesting, Fluor Valuation, Fluor Correlation, Fluor Hype Analysis, Fluor Volatility, Fluor History and analyze Fluor Performance.
To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Fluor Stock analysis

When running Fluor's price analysis, check to measure Fluor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fluor is operating at the current time. Most of Fluor's value examination focuses on studying past and present price action to predict the probability of Fluor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluor's price. Additionally, you may evaluate how the addition of Fluor to your portfolios can decrease your overall portfolio volatility.
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Fluor technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fluor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fluor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...