FLEX LNG Stock Forecast - Rate Of Daily Change

FLNG Stock  USD 24.14  0.13  0.54%   
FLEX Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of FLEX LNG's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, FLEX LNG's Fixed Asset Turnover is most likely to increase slightly in the upcoming years. . The FLEX LNG's current Net Income Applicable To Common Shares is estimated to increase to about 227.1 M, while Common Stock Shares Outstanding is projected to decrease to roughly 30.8 M.
On November 25, 2024 FLEX LNG had Rate Of Daily Change of 0.99. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of FLEX LNG.
Check FLEX LNG VolatilityBacktest FLEX LNGTrend Details  

FLEX LNG Trading Date Momentum

On November 26 2024 FLEX LNG was traded for  25.75  at the closing time. The top price for the day was 26.21  and the lowest listed price was  25.71 . The trading volume for the day was 422.5 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.53% . The overall trading delta against the current closing price is 8.18% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for FLEX LNG

For every potential investor in FLEX, whether a beginner or expert, FLEX LNG's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. FLEX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in FLEX. Basic forecasting techniques help filter out the noise by identifying FLEX LNG's price trends.

FLEX LNG Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FLEX LNG stock to make a market-neutral strategy. Peer analysis of FLEX LNG could also be used in its relative valuation, which is a method of valuing FLEX LNG by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

FLEX LNG Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of FLEX LNG's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of FLEX LNG's current price.

FLEX LNG Market Strength Events

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 Risk Indicators

The analysis of FLEX LNG's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in FLEX LNG's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flex stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

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 Historical Fundamental Analysis of FLEX LNG to cross-verify your projections.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
3
Earnings Share
1.69
Revenue Per Share
6.741
Quarterly Revenue Growth
(0.04)
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.