FLEX Competitors
| FLNG Stock | USD 26.52 0.43 1.65% |
FLEX LNG vs Bristow Correlation
Very weak diversification
The correlation between FLEX LNG and VTOL is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FLEX LNG and VTOL in the same portfolio, assuming nothing else is changed.
Moving together with FLEX Stock
Moving against FLEX Stock
At this time, FLEX LNG's Return On Equity is most likely to increase in the upcoming years. At this time, FLEX LNG's Other Current Assets are most likely to increase significantly in the upcoming years. The FLEX LNG's current Total Current Assets is estimated to increase to about 572.8 M, while Net Tangible Assets are projected to decrease to roughly 719.4 M.FLEX LNG Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between FLEX LNG and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of FLEX and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of FLEX LNG does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between FLEX Stock performing well and FLEX LNG Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze FLEX LNG's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLP | 1.51 | 0.03 | 0.00 | 0.14 | 1.83 | 3.06 | 9.17 | |||
| NVGS | 1.01 | 0.24 | 0.17 | 2.36 | 0.80 | 2.82 | 7.71 | |||
| INVX | 1.86 | 0.30 | 0.13 | 0.70 | 1.74 | 4.39 | 12.82 | |||
| FLOC | 1.94 | 0.29 | 0.13 | 0.25 | 2.09 | 4.18 | 23.77 | |||
| LPG | 1.58 | 0.08 | 0.01 | 0.48 | 2.07 | 3.58 | 10.53 | |||
| WKC | 1.40 | (0.03) | (0.02) | 0.03 | 2.01 | 2.94 | 11.51 | |||
| NESR | 2.10 | 0.70 | 0.29 | 1.04 | 1.83 | 7.21 | 22.01 | |||
| DNOW | 1.58 | (0.09) | 0.00 | (0.01) | 0.00 | 3.90 | 11.62 | |||
| EFXT | 1.80 | 0.58 | 0.26 | 1.78 | 1.60 | 3.88 | 11.18 | |||
| VTOL | 1.75 | 0.20 | 0.07 | 0.46 | 2.23 | 4.49 | 12.30 |
Cross Equities Net Income Analysis
Compare FLEX LNG and related stocks such as Global Partners LP, Navigator Holdings, and Innovex International Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GLP | 20.6 M | 19.4 M | 46.7 M | 42.6 M | 114.7 M | 43.6 M | (199.4 M) | 58.8 M | 103.9 M | 35.9 M | 102.2 M | 60.8 M | 362.2 M | 152.5 M | 107.7 M | 123.8 M | 130 M |
| NVGS | 26.7 M | 18.7 M | 30.5 M | 41 M | 84.5 M | 98.1 M | 44.6 M | 5.3 M | (5.7 M) | (16.7 M) | (443 K) | (31 M) | 53.5 M | 82.3 M | 85.6 M | 98.4 M | 103.3 M |
| INVX | 12.5 M | 95.3 M | 119.2 M | 169.8 M | 208.7 M | 192 M | 93.2 M | (100.6 M) | (95.7 M) | 1.7 M | (30.8 M) | 9.9 M | 63.3 M | 73.9 M | 140.3 M | 126.3 M | 132.6 M |
| FLOC | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 32.7 M | 58.1 M | 80.2 M | 92.3 M | 62.7 M |
| LPG | (4.9 M) | (4.9 M) | (4.9 M) | 2.8 M | 25.3 M | 129.7 M | (1.4 M) | (20.4 M) | (50.9 M) | 111.8 M | 92.6 M | 71.9 M | 172.4 M | 307.4 M | 90.2 M | 103.7 M | 78.4 M |
| WKC | 200 K | 194 M | 189.3 M | 203.1 M | 221.7 M | 186.9 M | 126.5 M | (170.2 M) | 127.7 M | 178.9 M | 109.6 M | 73.7 M | 114.1 M | 52.9 M | 67.4 M | 77.5 M | 67.4 M |
| NESR | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 30.6 M | 28.4 M | 39.4 M | 16.6 M | (64.6 M) | (36.4 M) | 12.6 M | 76.3 M | 68.7 M | 72.1 M |
| DNOW | 108 M | 108 M | 108 M | 147 M | 116 M | (502 M) | (234 M) | (52 M) | 52 M | (97 M) | (427 M) | 5 M | 128 M | 247 M | 81 M | 93.2 M | 97.8 M |
| EFXT | 120.5 M | (7 M) | 71.8 M | 55.9 M | 70.3 M | 45.7 M | (104.7 M) | 97.6 M | 101 M | 116.9 M | 88.1 M | (14.6 M) | (100.9 M) | (83 M) | 32 M | 28.8 M | 29.4 M |
| VTOL | (336.8 M) | 63.5 M | 7.8 M | 18.7 M | 17.1 M | (72.4 M) | (169.6 M) | (194.7 M) | (336.8 M) | (697.2 M) | (56.1 M) | (15.8 M) | 9.2 M | (6.8 M) | 94.8 M | 85.3 M | 89.6 M |
FLEX LNG and related stocks such as Global Partners LP, Navigator Holdings, and Innovex International Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in FLEX LNG financial statement analysis. It represents the amount of money remaining after all of FLEX LNG operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.FLEX LNG Competitive Analysis
The better you understand FLEX LNG competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, FLEX LNG's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across FLEX LNG's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
FLEX LNG Competition Performance Charts
Five steps to successful analysis of FLEX LNG Competition
FLEX LNG's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by FLEX LNG in relation to its competition. FLEX LNG's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of FLEX LNG in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact FLEX LNG's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to FLEX LNG, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your FLEX LNG position
In addition to having FLEX LNG in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out FLEX LNG Correlation with its peers. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Can Marine Transportation industry sustain growth momentum? Does FLEX have expansion opportunities? Factors like these will boost the valuation of FLEX LNG. Market participants price FLEX higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating FLEX LNG demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.03) | Dividend Share 3 | Earnings Share 1.82 | Revenue Per Share | Quarterly Revenue Growth (0.05) |
Understanding FLEX LNG requires distinguishing between market price and book value, where the latter reflects FLEX's accounting equity. The concept of intrinsic value—what FLEX LNG's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push FLEX LNG's price substantially above or below its fundamental 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. In contrast, FLEX LNG's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.