Flex Lng Stock Price on November 21, 2024
| FLNG Stock | USD 26.15 0.19 0.72% |
Below is the normalized historical share price chart for FLEX LNG extending back to September 22, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of FLEX LNG stands at 26.15, as last reported on the 26th of November, with the highest price reaching 26.49 and the lowest price hitting 25.90 during the day.
If you're considering investing in FLEX Stock, it is important to understand the factors that can impact its price. At this point, FLEX LNG is very steady. FLEX LNG secures Sharpe Ratio (or Efficiency) of 5.0E-4, which denotes the company had a 5.0E-4% return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for FLEX LNG, which you can use to evaluate the volatility of the firm. Please confirm FLEX LNG's standard deviation of 1.6, and Mean Deviation of 1.25 to check if the risk estimate we provide is consistent with the expected return of 8.0E-4%.
At this time, FLEX LNG's Stock Based Compensation is most likely to increase significantly in the upcoming years. Sale Purchase Of Stock is expected to grow at the current pace this year, while Common Stock Shares Outstanding is projected to decrease to roughly 30.8 M. . At this time, FLEX LNG's Price Book Value Ratio is most likely to drop slightly in the upcoming years. The FLEX LNG's current Price To Operating Cash Flows Ratio is estimated to increase to 9.36, while Price Earnings To Growth Ratio is forecasted to increase to (0.34). FLEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of June 2019 | 200 Day MA 26.2711 | 50 Day MA 25.4602 | Beta 0.73 |
FLEX |
Sharpe Ratio = 5.0E-4
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| Negative Returns | FLNG |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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.
Price Book 1.7717 | Enterprise Value Ebitda 10.1884 | Price Sales 3.8895 | Shares Float 30.5 M | Dividend Share 3 |
FLEX LNG Valuation on November 21, 2024
It is possible to determine the worth of FLEX LNG on a given historical date. On November 21, 2024 FLEX was worth 26.2 at the beginning of the trading date compared to the closed value of 26.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLEX LNG stock. Still, in general, we apply an absolute valuation method to find FLEX LNG's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of FLEX LNG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLEX LNG's related companies.
| Open | High | Low | Close | Volume | |
| 26.55 | 26.55 | 26.20 | 26.50 | 354,528 | |
11/21/2024 | 26.20 | 26.36 | 25.82 | 26.18 | 384,868 |
| 26.10 | 26.42 | 26.01 | 26.34 | 272,585 |
| Backtest FLEX LNG | | | FLEX LNG History | | | FLEX LNG Valuation | Previous | Next |
FLEX LNG Trading Date Momentum on November 21, 2024
| On November 22 2024 FLEX LNG was traded for 26.34 at the closing time. The top price for the day was 26.42 and the lowest listed price was 26.01 . The trading volume for the day was 272.6 K. The trading history from November 22, 2024 was a factor to the next trading day price rise. The overall trading delta against the next closing price was 0.61% . The overall trading delta against the current closing price is 0.53% . |
FLEX LNG Fundamentals Correlations and Trends
By evaluating FLEX LNG's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among FLEX LNG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FLEX LNG Stock history
FLEX LNG investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for FLEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLEX LNG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing FLEX LNG stock prices may prove useful in developing a viable investing in FLEX LNG
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 54 M | 30.8 M | |
| Net Income Applicable To Common Shares | 216.2 M | 227.1 M |
FLEX LNG Stock Technical Analysis
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.
Price Boundaries
FLEX LNG Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
FLEX LNG cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
FLEX LNG November 26, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FLEX LNG's price direction in advance. Along with the technical and fundamental analysis of FLEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLEX to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.0002) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.03) |
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Complementary Tools for FLEX Stock analysis
When running FLEX LNG's price analysis, check to measure FLEX LNG'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 LNG is operating at the current time. Most of FLEX LNG's value examination focuses on studying past and present price action to predict the probability of FLEX LNG'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 LNG's price. Additionally, you may evaluate how the addition of FLEX LNG to your portfolios can decrease your overall portfolio volatility.
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