Flex Lng Stock Price on March 8, 2024

FLNG Stock  USD 25.87  0.09  0.35%   
If you're considering investing in FLEX Stock, it is important to understand the factors that can impact its price. As of today, the current price of FLEX LNG stands at 25.87, as last reported on the 30th of January, with the highest price reaching 26.01 and the lowest price hitting 25.74 during the day. At this point, FLEX LNG is very steady. FLEX LNG secures Sharpe Ratio (or Efficiency) of 0.058, which denotes the company had a 0.058 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for FLEX LNG, which you can use to evaluate the volatility of the firm. Please confirm FLEX LNG's downside deviation of 2.65, and Mean Deviation of 1.72 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
FLEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.058

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Estimated Market Risk

 2.34
  actual daily
20
80% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average FLEX LNG is performing at about 4% 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 LNG by adding it to a well-diversified portfolio.

FLEX LNG Main Headline on 8th of March 2024

FLEX LNG dividend paid on 8th of March 2024

FLEX LNG Valuation on March 8, 2024

It is possible to determine the worth of FLEX LNG on a given historical date. On March 8, 2024 FLEX was worth 22.86 at the beginning of the trading date compared to the closed value of 22.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLEX LNG stock. Still, in general, we apply an absolute valuation method to find FLEX LNG'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 LNG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLEX LNG's related companies.
 Open High Low Close Volume
  22.55    22.76    22.46    22.76    292,804  
03/08/2024
  22.86    22.96    22.64    22.85    407,837  
  22.71    22.86    22.51    22.85    259,054  
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Open Value
22.86
22.85
Closing Value
29.87
Upside

FLEX LNG Trading Date Momentum on March 8, 2024

On March 11 2024 FLEX LNG was traded for  22.85  at the closing time. The top price for the day was 22.86  and the lowest listed price was  22.51 . The trading volume for the day was 259.1 K. The trading history from March 11, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.35% .

FLEX LNG Fundamentals Correlations and Trends

By evaluating FLEX LNG'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 LNG'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 LNG Stock history

FLEX LNG 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 LNG 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 LNG stock prices may prove useful in developing a viable investing in FLEX LNG
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas worldwide. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. Flex Lng operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 8 people.

FLEX LNG Stock Technical Analysis

FLEX LNG 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.
A focus of FLEX LNG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FLEX LNG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

FLEX LNG Period Price Range

Low
January 30, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

FLEX LNG cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 LNG January 30, 2025 Market Strength

Market strength indicators help investors to evaluate how FLEX LNG 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 LNG shares will generate the highest return on investment. By undertsting and applying FLEX LNG stock market strength indicators, traders can identify FLEX LNG entry and exit signals to maximize returns

FLEX LNG Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for FLEX LNG'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.

Complementary Tools for FLEX Stock analysis

When running FLEX LNG's price analysis, check to measure FLEX LNG'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 LNG is operating at the current time. Most of FLEX LNG's value examination focuses on studying past and present price action to predict the probability of FLEX LNG'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 LNG's price. Additionally, you may evaluate how the addition of FLEX LNG to your portfolios can decrease your overall portfolio volatility.
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