Flex Lng Stock Price on August 25, 2022
| FLNG Stock | USD 25.96 0.16 0.62% |
If you're considering investing in FLEX Stock, it is important to understand the factors that can impact its price. As of today, the current price of FLEX LNG stands at 25.96, as last reported on the 25th of April, with the highest price reaching 26.15 and the lowest price hitting 25.74 during the day. FLEX LNG secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of return volatility over the last 3 months. FLEX LNG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FLEX LNG's standard deviation of 1.41, and Mean Deviation of 1.01 to check the risk estimate we provide.
FLEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
FLEX |
Sharpe Ratio = -0.1506
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| Negative Returns | FLNG |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FLEX LNG is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of FLEX LNG by adding FLEX LNG to a well-diversified portfolio.
FLEX LNG Valuation on August 25, 2022
It is possible to determine the worth of FLEX LNG on a given historical date. On August 25, 2022 FLEX was worth 35.05 at the beginning of the trading date compared to the closed value of 29.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLEX LNG stock. Still, in general, we apply an absolute valuation method to find FLEX LNG's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FLEX LNG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLEX LNG's related companies.
| Open | High | Low | Close | Volume | |
| 34.99 | 36.99 | 29.48 | 29.48 | 1,125,525 | |
08/25/2022 | 35.05 | 35.56 | 29.32 | 29.32 | 709,088 |
| 34.76 | 34.92 | 28.61 | 28.61 | 568,963 |
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FLEX LNG Trading Date Momentum on August 25, 2022
| On August 26 2022 FLEX LNG was traded for 28.61 at the closing time. The top price for the day was 34.92 and the lowest listed price was 28.61 . The trading volume for the day was 569 K. The trading history from August 26, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.42% . The overall trading delta against the current closing price is 14.67% . |
FLEX LNG Fundamentals Correlations and Trends
By evaluating FLEX LNG's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FLEX LNG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FLEX LNG Stock history
FLEX LNG investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FLEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLEX LNG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FLEX LNG stock prices may prove useful in developing a viable investing in FLEX LNG
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas worldwide. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. Flex Lng operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 8 people.
FLEX LNG Stock Technical Analysis
FLEX LNG 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.
Price Boundaries
FLEX LNG Period Price Range
Low | August 25, 2022
| High |
35.05 | 29.32 |
FLEX LNG April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how FLEX LNG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLEX LNG shares will generate the highest return on investment. By undertsting and applying FLEX LNG stock market strength indicators, traders can identify FLEX LNG entry and exit signals to maximize returns
| Accumulation Distribution | 124429.0 | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.84 | |||
| Day Median Price | 32.44 | |||
| Day Typical Price | 31.4 | |||
| Price Action Indicator | (5.98) | |||
| Period Momentum Indicator | (3.36) | |||
| Relative Strength Index | 48.73 |
FLEX LNG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FLEX LNG's price direction in advance. Along with the technical and fundamental analysis of FLEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLEX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.53) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for FLEX Stock analysis
When running FLEX LNG's price analysis, check to measure FLEX LNG'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 FLEX LNG is operating at the current time. Most of FLEX LNG's value examination focuses on studying past and present price action to predict the probability of FLEX LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLEX LNG's price. Additionally, you may evaluate how the addition of FLEX LNG to your portfolios can decrease your overall portfolio volatility.
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Is FLEX LNG's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.