Flux Power Holdings Stock Math Operators Price Series Summation
FLUX Stock | USD 1.90 0.30 18.75% |
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The output start index for this execution was zero with a total number of output elements of sixty-one. Flux Power Holdings Price Series Summation is a cross summation of Flux Power price series and its benchmark/peer.
Flux Power Technical Analysis Modules
Most technical analysis of Flux Power help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Flux from various momentum indicators to cycle indicators. When you analyze Flux charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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About Flux Power Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flux Power Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Flux Power Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Flux Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Flux Power's daily price indicators and compare them against related drivers, such as math operators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Flux Power's intrinsic value. In addition to deriving basic predictive indicators for Flux Power, we also check how macroeconomic factors affect Flux Power price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.27 | 5.06 | 1.77 | 1.69 | Days Of Inventory On Hand | 169.42 | 140.82 | 28.68 | 27.24 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flux Power'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.
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Flux Power Holdings pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Flux Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Flux Power will appreciate offsetting losses from the drop in the long position's value.Flux Power Pair Trading
Flux Power Holdings Pair Trading Analysis
The ability to find closely correlated positions to Flux Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flux Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flux Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flux Power Holdings to buy it.
The correlation of Flux Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flux Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flux Power Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Flux Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Flux Stock Analysis
When running Flux Power's price analysis, check to measure Flux Power'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 Flux Power is operating at the current time. Most of Flux Power's value examination focuses on studying past and present price action to predict the probability of Flux Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flux Power's price. Additionally, you may evaluate how the addition of Flux Power to your portfolios can decrease your overall portfolio volatility.