FLEX LNG (Norway) Performance
| FLNG Stock | NOK 265.40 1.60 0.60% |
The firm shows a Beta (market volatility) of 0.0891, which means not very significant fluctuations relative to the market. As returns on the market increase, FLEX LNG's returns are expected to increase less than the market. However, during the bear market, the loss of holding FLEX LNG is expected to be smaller as well. At this point, FLEX LNG has a negative expected return of -0.0501%. Please make sure to confirm FLEX LNG's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if FLEX LNG performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days FLEX LNG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent essential indicators, FLEX LNG is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 129 M | |
| Total Cashflows From Investing Activities | -265.9 M |
FLEX |
FLEX LNG Relative Risk vs. Return Landscape
If you would invest 27,628 in FLEX LNG on September 1, 2024 and sell it today you would lose (1,088) from holding FLEX LNG or give up 3.94% of portfolio value over 90 days. FLEX LNG is generating negative expected returns and assumes 1.5405% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than FLEX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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FLEX LNG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FLEX LNG's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as FLEX LNG, and traders can use it to determine the average amount a FLEX LNG'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 = -0.0325
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| Negative Returns | FLNG |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FLEX LNG is not performing at its full potential. However, 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 FLEX LNG to a well-diversified portfolio.
FLEX LNG Fundamentals Growth
FLEX Stock prices reflect investors' perceptions of the future prospects and financial health of FLEX LNG, and FLEX LNG 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 | 0.25 | |||
| Return On Asset | 0.0525 | |||
| Profit Margin | 0.59 % | |||
| Operating Margin | 0.59 % | |||
| Current Valuation | 32.78 B | |||
| Shares Outstanding | 53.68 M | |||
| Price To Earning | 15.84 X | |||
| Price To Book | 2.09 X | |||
| Price To Sales | 49.97 X | |||
| Revenue | 343.45 M | |||
| EBITDA | 288.36 M | |||
| Cash And Equivalents | 200.65 M | |||
| Cash Per Share | 2.70 X | |||
| Total Debt | 1.55 B | |||
| Debt To Equity | 1.93 % | |||
| Book Value Per Share | 16.73 X | |||
| Cash Flow From Operations | 214.84 M | |||
| Earnings Per Share | 41.88 X | |||
| Total Asset | 2.57 B | |||
| Retained Earnings | (369 M) | |||
| Current Asset | 2 M | |||
| Current Liabilities | 1000 K | |||
About FLEX LNG Performance
By examining FLEX LNG's fundamental ratios, stakeholders can obtain critical insights into FLEX LNG's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that FLEX LNG is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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 Norway and is traded on Oslo Stock Exchange. It employs 9 people.Things to note about FLEX LNG performance evaluation
Checking the ongoing alerts about FLEX LNG for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for FLEX LNG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| FLEX LNG generated a negative expected return over the last 90 days | |
| About 46.0% of the company shares are held by company insiders |
- Analyzing FLEX LNG'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 LNG's stock is overvalued or undervalued compared to its peers.
- Examining FLEX LNG'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 LNG's management team can have a significant impact on its success or failure. Reviewing the track record and experience of FLEX LNG's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of FLEX LNG's stock. These opinions can provide insight into FLEX LNG's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Information and Resources on Investing in FLEX Stock
When determining whether FLEX LNG is a strong investment it is important to analyze FLEX LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FLEX LNG's future performance. For an informed investment choice regarding FLEX Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy FLEX Stock please use our How to buy in FLEX Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.