FLEX LNG (Norway) Technical Analysis
| FLNG Stock | NOK 290.00 1.20 0.41% |
As of the 26th of November, FLEX LNG shows the downside deviation of 1.33, and Mean Deviation of 1.14. FLEX LNG technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm FLEX LNG coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if FLEX LNG is priced some-what accurately, providing market reflects its regular price of 290.0 per share.
FLEX LNG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FLEX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FLEXFLEX |
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.
FLEX LNG Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of FLEX LNG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FLEX LNG Trend Analysis
Use this graph to draw trend lines for FLEX LNG. You can use it to identify possible trend reversals for FLEX LNG as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual FLEX LNG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FLEX LNG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FLEX LNG applied against its price change over selected period. The best fit line has a slop of 0.03 , which means FLEX LNG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 36.05, which is the sum of squared deviations for the predicted FLEX LNG price change compared to its average price change.About FLEX LNG Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of FLEX LNG on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of FLEX LNG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on FLEX LNG price pattern first instead of the macroeconomic environment surrounding FLEX LNG. By analyzing FLEX LNG's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of FLEX LNG's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to FLEX LNG specific price patterns or momentum indicators. Please read more on our technical analysis page.
FLEX LNG November 26, 2024 Technical Indicators
Most technical analysis of FLEX 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 FLEX from various momentum indicators to cycle indicators. When you analyze FLEX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0114 | |||
| Market Risk Adjusted Performance | 0.0169 | |||
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.31 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 11697.49 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.19 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0069 | |||
| Maximum Drawdown | 6.03 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.35 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 1.71 | |||
| Expected Short fall | (1.35) | |||
| Skewness | 0.2533 | |||
| Kurtosis | 0.4772 |
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.