Flex Stock Chance of Future Stock Price Finishing Under 27.45
| FLEX Stock | USD 38.82 1.10 2.76% |
Flex |
Flex Target Price Odds to finish below 27.45
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 Price | Horizon | Target Price | Odds to drop to $ 27.45 or more in 90 days |
| 38.82 | 90 days | 27.45 | about 1.59 |
Based on a normal probability distribution, the odds of Flex to drop to $ 27.45 or more in 90 days from now is about 1.59 (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 $ 27.45 and its current price of $38.82 at the end of the 90-day period is about 89.6 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.97 . 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 0.0769, implying that it can generate a 0.0769 percent excess return over Dow Jones Industrial 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.
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 Dow Jones | 0.08 | |
β | Beta against Dow Jones | 1.97 | |
σ | Overall volatility | 3.25 | |
Ir | Information ratio | 0.07 |
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.| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Vishay Intertechnology Gains on Nvidia Supply Chain Role |
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 Outstanding | 441 M | |
| Cash And Short Term Investments | 2.5 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.
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Vishay Intertechnology Gains on Nvidia Supply Chain Role |
Additional 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.