FLEX Stock | | | USD 38.82 1.10 2.76% |
Flex financial indicator trend analysis is much more than just examining Flex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flex is a good investment. Please check the relationship between Flex Dividend Yield and its Capex To Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Flex Stock please use our
How to Invest in Flex guide.
Dividend Yield vs Capex To Depreciation
Dividend Yield vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flex Dividend Yield account and
Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Flex's Dividend Yield and Capex To Depreciation is 0.12. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Dividend Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Flex are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Dividend Yield i.e., Flex's Dividend Yield and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Flex dividend as a percentage of Flex stock price. Flex dividend yield is a measure of Flex stock productivity, which can be interpreted as interest rate earned on an Flex investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Flex Stock please use our
How to Invest in Flex guide.At this time, Flex's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 9.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 740.9
M in 2024.
Flex fundamental ratios Correlations
Click cells to compare fundamentals
Flex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flex fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.