Flex Stock Performance
FLEX Stock | USD 28.63 0.10 0.35% |
On a scale of 0 to 100, Flex holds a performance score of 14. The firm shows a Beta (market volatility) of 1.5, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Flex will likely underperform. Please check Flex's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Flex's price patterns will revert.
Risk-Adjusted Performance
14 of 100
Low | High |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Flex are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, Flex showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.35 | Five Day Return 0.63 | Year To Date Return 29.9 | Ten Year Return 214.96 | All Time Return 1.5 K |
Last Split Factor 1327:1000 | Last Split Date 2024-01-03 |
1 | Flex LNG - Redelivery of Flex Constellation in 2024 | 01/08/2024 |
2 | First Eagle Investment Management LLC Increases Stock Position in Flex Ltd. | 02/08/2024 |
3 | Disposition of 75000 shares by Offer David Scott of Flex at 27.4112 subject to Rule 16b-3 | 02/21/2024 |
4 | Flex LNG stock downgraded amid dividend payout concerns By Investing.com - Investing.com | 02/27/2024 |
5 | Cary Street Partners Investment Advisory LLC Has 90,000 Stock Position in Flex Ltd. | 02/29/2024 |
6 | FLEX LOGIX JOINS INTEL FOUNDRY USMAG ALLIANCE | 03/05/2024 |
7 | Disposition of 30000 shares by Tan Kwang Hooi of Flex at 26.5992 subject to Rule 16b-3 | 03/08/2024 |
8 | Disposition of 1860 shares by Daniel Wendler of Flex at 28.8861 subject to Rule 16b-3 | 03/12/2024 |
9 | Disposition of 8027 shares by Tan Kwang Hooi of Flex at 28.8072 subject to Rule 16b-3 | 03/13/2024 |
10 | Insider Unloading Daniel Wendler Sells 53K Worth Of Flex Shares | 03/14/2024 |
11 | Implied Volatility Surging for Flex Stock Options | 03/18/2024 |
Begin Period Cash Flow | 3 B | |
Total Cashflows From Investing Activities | -604 M |
Flex |
Flex Relative Risk vs. Return Landscape
If you would invest 2,216 in Flex on December 29, 2023 and sell it today you would earn a total of 647.00 from holding Flex or generate 29.2% return on investment over 90 days. Flex is currently generating 0.4469% in daily expected returns and assumes 2.3191% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Flex, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Flex Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flex's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Flex, and traders can use it to determine the average amount a Flex's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1927
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | FLEX | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Flex is performing at about 14% of its full potential. 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 by adding it to a well-diversified portfolio.
Flex Fundamentals Growth
Flex Stock prices reflect investors' perceptions of the future prospects and financial health of Flex, and Flex fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Flex Stock performance.
Return On Equity | 0.22 | ||||
Return On Asset | 0.0425 | ||||
Current Valuation | 13.19 B | ||||
Shares Outstanding | 421.16 M | ||||
Price To Earning | 12.71 X | ||||
Price To Book | 2.01 X | ||||
Price To Sales | 0.41 X | ||||
Revenue | 30.35 B | ||||
Gross Profit | 1.95 B | ||||
EBITDA | 1.69 B | ||||
Net Income | 1.03 B | ||||
Cash Per Share | 5.42 X | ||||
Debt To Equity | 1.05 % | ||||
Current Ratio | 1.29 X | ||||
Cash Flow From Operations | 950 M | ||||
Earnings Per Share | 1.68 X | ||||
Total Asset | 21.39 B | ||||
Retained Earnings | (560 M) | ||||
Current Asset | 4.55 B | ||||
About Flex Performance
To evaluate Flex Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Flex generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Flex Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Flex market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Flex's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.10 | 0.07 | |
Return On Assets | 0.03 | 0.04 | |
Return On Equity | 0.13 | 0.14 |
Things to note about Flex performance evaluation
Checking the ongoing alerts about Flex for important developments is a great way to find new opportunities for your next move. 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 |
- Analyzing Flex's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Flex's stock is overvalued or undervalued compared to its peers.
- Examining Flex's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Flex's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Flex's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Flex's stock. These opinions can provide insight into Flex's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |
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.