Flex Ltd shows Coefficient Of Variation of 452.81, Mean Deviation of 0.8302 and Downside Deviation of 1.05. Flex Ltd technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Flex Ltd which can be compared to its rivals. Please confirm Flex Ltd Variance as well as the relationship between Value At Risk and Skewness to decide if Flex Ltd is priced favorably providing market reflects its regular price of 19.44 per share. Given that Flex Ltd has Jensen Alpha of 0.1645, we urge you verify Flex Ltd prevailing market performance to make sure the company can sustain itself at future point.
|Time Horizon||30 Days Login to change|
Flex Ltd Technical Analysis
Flex Ltd Trend AnalysisUse this graph to draw trend lines for Flex Ltd. You can use it to identify possible trend reversals for Flex Ltd as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Flex Ltd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Flex Ltd Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Flex Ltd applied against its price change over selected period. The best fit line has a slop of 0.1 % which means Flex Ltd will continue generating value for investors. It has 34 observation points and a regression sum of squares at 8.47, which is the sum of squared deviations for the predicted Flex Ltd price change compared to its average price change.
Flex Ltd is rated # 5 in mean deviation category among related companies. It is rated # 4 in standard deviation category among related companies creating about 1.26 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Flex Ltd is roughly 1.26