Flex Stock Chance of Future Stock Price Finishing Over 15.0

FLEX Stock  USD 28.61  0.02  0.07%   
Flex's implied volatility is one of the determining factors in the pricing options written on Flex. Implied volatility approximates the future value of Flex based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Flex over a specific time period. For example, 2024-04-19 CALL at $29.0 is a CALL option contract on Flex's common stock with a strick price of 29.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:05:07 for $0.75 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.65, and an ask price of $0.85. The implied volatility as of the 28th of March is 31.3. View All Flex options

Closest to current price Flex long CALL Option Payoff at Expiration

Flex's future price is the expected price of Flex instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Flex performance during a given time horizon utilizing its historical volatility. Check out Flex Backtesting, Flex Valuation, Flex Correlation, Flex Hype Analysis, Flex Volatility, Flex History as well as Flex Performance.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.
  
At this time, Flex's Price Earnings Ratio is fairly stable compared to the past year. Price To Sales Ratio is likely to rise to 0.57 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (1.04). Please specify Flex's target price for which you would like Flex odds to be computed.

Flex Target Price Odds to finish over 15.0

The tendency of Flex Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 15.00  in 90 days
 28.61 90 days 15.00 
close to 99
Based on a normal probability distribution, the odds of Flex to stay above $ 15.00  in 90 days from now is close to 99 (This Flex probability density function shows the probability of Flex Stock to fall within a particular range of prices over 90 days) . Probability of Flex price to stay between $ 15.00  and its current price of $28.61 at the end of the 90-day period is about 84.73 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.5 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Flex will likely underperform. Additionally Flex has an alpha of 0.2363, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Flex Price Density   
       Price  

Predictive Modules for Flex

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Flex. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
26.3428.6630.98
Details
Intrinsic
Valuation
LowRealHigh
25.7732.0934.41
Details
Naive
Forecast
LowNextHigh
27.5229.8332.15
Details
9 Analysts
Consensus
LowTargetHigh
29.8832.8336.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Flex. Your research has to be compared to or analyzed against Flex's peers to derive any actionable benefits. When done correctly, Flex's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Flex.

Flex Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Flex is not an exception. The market had few large corrections towards the Flex's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Flex, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Flex within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.24
β
Beta against NYSE Composite1.50
σ
Overall volatility
2.73
Ir
Information ratio 0.13

Flex Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Flex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Flex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Flex has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Implied Volatility Surging for Flex Stock Options

Flex Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Flex Stock often depends not only on the future outlook of the current and potential Flex's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Flex's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding462 M
Cash And Short Term Investments3.3 B

Flex Technical Analysis

Flex's future price can be derived by breaking down and analyzing its technical indicators over time. Flex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flex. In general, you should focus on analyzing Flex Stock price patterns and their correlations with different microeconomic environments and drivers.

Flex Predictive Forecast Models

Flex's time-series forecasting models is one of many Flex's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Flex's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Flex

Checking the ongoing alerts about Flex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Flex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Flex has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Implied Volatility Surging for Flex Stock Options
When determining whether Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flex Stock:
Check out Flex Backtesting, Flex Valuation, Flex Correlation, Flex Hype Analysis, Flex Volatility, Flex History as well as Flex Performance.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.
Note that the Flex information on this page should be used as a complementary analysis to other Flex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Flex Stock analysis

When running Flex's price analysis, check to measure Flex'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 is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex'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's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Is Flex'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
1.68
Revenue Per Share
66.374
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0425
The market value of Flex 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's value that differs from its market value or its book value, called intrinsic value, which is Flex'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's market value can be influenced by many factors that don't directly affect Flex'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flex'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.