FLEX Stock | | | USD 38.97 0.15 0.39% |
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 Short Term Debt and its Common Stock Total Equity 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.
Short Term Debt vs Common Stock Total Equity
Short Term Debt vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flex Short Term Debt account and
Common Stock Total Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Flex's Short Term Debt and Common Stock Total Equity is 0.07. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Short Term Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Flex are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Term Debt i.e., Flex's Short Term Debt and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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.