Fluor Story

<div class='circular--portrait' style='background:#347AFC;color: #ffffff;font-size:3em;'>FLR</div>
FLR -- USA Stock  

USD 8.48  0.20  2.30%

It seems Fluor may not recover as fast as we have hopped for as its price went down 10.06% today. The entity's current daily volatility is 5.35 percent, with a beta of 2.65 and an alpha of -0.35 over DOW. Whilst many millenniums are getting more into investing against high market volatility, it is quite pruden to sum up Fluor based on its historical prices. We will evaluate why recent Fluor price moves suggest a bounce in September.
Published over a month ago
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Should we continue shadow Fluor (NYSE:FLR) executives?
Fluor has roughly 1.85 B in cash with 240.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Fluor has an asset utilization ratio of 242.87 percent. This connotes that the company is making $2.43 for each dollar of assets. An increasing asset utilization means that Fluor is more efficient with each dollar of assets it utilizes for everyday operations.
Investing in Fluor, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Fluor along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Fluor's Liquidity

Fluor financial leverage refers to using borrowed capital as a funding source to finance Fluor ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Fluor financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Fluor's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Fluor, but it might be worth checking our own buy vs. sell analysis

Fluor Correlation with Peers

Investors in Fluor can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Fluor. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Fluor and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Fluor is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Fluor for more details

A Deeper Perspective

We consider Fluor slightly risky. Fluor secures Sharpe Ratio (or Efficiency) of 0.0333, which denotes the company had 0.0333% of return per unit of risk over the last month. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Fluor, which you can use to evaluate future volatility of the firm. Please confirm Fluor mean deviation of 4.14, and Coefficient Of Variation of (12,450) to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Will Fluor retail investors go crazy after another slump?

Latest jensen alpha is at -0.35. Fluor exhibits very low volatility with skewness of -0.56 and kurtosis of 0.72. However, we advise investors to further study Fluor technical indicators to make sure all market info is available and is reliable.

Our Conclusion on Fluor

While some companies in the engineering & construction industry are either recovering or due for a correction, Fluor may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Fluor as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Fluor.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Fluor. Please refer to our Terms of Use for any information regarding our disclosure principles.

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