Flex Stock Price on September 16, 2024
| FLEX Stock | USD 40.53 0.70 1.76% |
Below is the normalized historical share price chart for Flex extending back to March 21, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Flex stands at 40.53, as last reported on the 21st of November, with the highest price reaching 41.50 and the lowest price hitting 39.83 during the day.
If you're considering investing in Flex Stock, it is important to understand the factors that can impact its price. Flex appears to be very steady, given 3 months investment horizon. Flex secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Flex, which you can use to evaluate the volatility of the firm. Please utilize Flex's Coefficient Of Variation of 650.06, mean deviation of 1.83, and Downside Deviation of 1.94 to check if our risk estimates are consistent with your expectations.
At this time, Flex's Common Stock Shares Outstanding is fairly stable compared to the past year. Common Stock is likely to rise to about 5.3 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.2 B in 2024. . At this time, Flex's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 21.17 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 6.91 in 2024. Flex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of March 1994 | 200 Day MA 30.9341 | 50 Day MA 34.6646 | Beta 1.076 |
Flex |
Sharpe Ratio = 0.1419
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Flex is performing at about 11% 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.
Price Book 3.0872 | Enterprise Value Ebitda 11.5846 | Price Sales 0.6069 | Shares Float 385.4 M | Wall Street Target Price 41.2625 |
Flex Valuation on September 16, 2024
It is possible to determine the worth of Flex on a given historical date. On September 16, 2024 Flex was worth 29.33 at the beginning of the trading date compared to the closed value of 29.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flex stock. Still, in general, we apply an absolute valuation method to find Flex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Flex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flex's related companies.
| Open | High | Low | Close | Volume | |
| 29.90 | 30.24 | 29.77 | 29.80 | 2,959,320 | |
09/16/2024 | 29.33 | 30.10 | 29.23 | 29.88 | 3,448,874 |
| 29.99 | 30.99 | 29.95 | 30.85 | 4,128,431 |
| Backtest Flex | | | Flex History | | | Flex Valuation | Previous | Next |
Flex Trading Date Momentum on September 16, 2024
| On September 17 2024 Flex was traded for 30.85 at the closing time. The top price for the day was 30.99 and the lowest listed price was 29.95 . The trading volume for the day was 4.1 M. The trading history from September 17, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 3.25% . The overall trading delta against the current closing price is 9.17% . |
Flex Fundamentals Correlations and Trends
By evaluating Flex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Flex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Flex Stock history
Flex investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Flex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flex will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Flex stock prices may prove useful in developing a viable investing in Flex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 441 M | 524.6 M | |
| Net Income Applicable To Common Shares | 912 M | 957.5 M |
Flex Quarterly Net Working Capital |
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Flex Stock Technical Analysis
Flex technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Flex Period Price Range
Low | November 21, 2024
| High |
0.00 | 0.00 |
Flex cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Flex November 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Flex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flex shares will generate the highest return on investment. By undertsting and applying Flex stock market strength indicators, traders can identify Flex entry and exit signals to maximize returns
Flex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Flex's price direction in advance. Along with the technical and fundamental analysis of Flex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1229 | |||
| Jensen Alpha | 0.1984 | |||
| Total Risk Alpha | 0.0917 | |||
| Sortino Ratio | 0.1501 | |||
| Treynor Ratio | 0.1804 |
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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.