Flexsteel Industries Stock Forecast - Variance

FLXS Stock  USD 59.66  0.44  0.73%   
Flexsteel Stock Forecast is based on your current time horizon.
  
At this time, Flexsteel Industries' Inventory Turnover is comparatively stable compared to the past year. Asset Turnover is likely to gain to 2.26 in 2024, whereas Payables Turnover is likely to drop 11.97 in 2024. . Common Stock Shares Outstanding is likely to gain to about 5.6 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 6.8 M in 2024.
On November 27, 2024 Flexsteel Industries had Variance of 0.
Check Flexsteel Industries VolatilityBacktest Flexsteel IndustriesTrend Details  

Flexsteel Industries Trading Date Momentum

On November 29 2024 Flexsteel Industries was traded for  59.03  at the closing time. The top price for the day was 59.60  and the lowest listed price was  58.65 . The trading volume for the day was 7.4 K. The trading history from November 29, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.24% . The overall trading delta against the current closing price is 0.61% .
Compare Flexsteel Industries to competition

Other Forecasting Options for Flexsteel Industries

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

Flexsteel Industries 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 Flexsteel Industries stock to make a market-neutral strategy. Peer analysis of Flexsteel Industries could also be used in its relative valuation, which is a method of valuing Flexsteel Industries by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Flexsteel Industries 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 Flexsteel Industries' 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 Flexsteel Industries' current price.

Flexsteel Industries Market Strength Events

Market strength indicators help investors to evaluate how Flexsteel Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flexsteel Industries shares will generate the highest return on investment. By undertsting and applying Flexsteel Industries stock market strength indicators, traders can identify Flexsteel Industries entry and exit signals to maximize returns.

Flexsteel Industries Risk Indicators

The analysis of Flexsteel Industries' 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 Flexsteel Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting flexsteel 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Flexsteel Stock Analysis

When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' 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 Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.