Flyht Aerospace Solutions Stock Price on August 21, 2024
| FLY Stock | CAD 0.34 0.01 2.86% |
Below is the normalized historical share price chart for FLYHT Aerospace Solutions extending back to March 25, 2003. 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 FLYHT Aerospace stands at 0.34, as last reported on the 12th of December 2024, with the highest price reaching 0.35 and the lowest price hitting 0.34 during the day.
If you're considering investing in FLYHT Stock, it is important to understand the factors that can impact its price. FLYHT Aerospace is out of control given 3 months investment horizon. FLYHT Aerospace Solutions secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of volatility over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.5% are justified by taking the suggested risk. Use FLYHT Aerospace Mean Deviation of 4.93, downside deviation of 8.14, and Market Risk Adjusted Performance of (0.64) to evaluate company specific risk that cannot be diversified away.
At this time, FLYHT Aerospace's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 18.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 8.6 M in 2024. . At this time, FLYHT Aerospace's Price Book Value Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 43.24 in 2024, whereas Price Earnings Ratio is likely to drop (7.26) in 2024. FLYHT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.3772 | 50 Day MA 0.3046 | Beta 1.342 |
FLYHT |
Sharpe Ratio = 0.2207
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Estimated Market Risk
| 6.81 actual daily | 60 60% of assets are less volatile |
Expected Return
| 1.5 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average FLYHT Aerospace is performing at about 17% of its full potential. 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 FLYHT Aerospace by adding it to a well-diversified portfolio.
Price Book 47.4526 | Enterprise Value Ebitda (12.53) | Price Sales 0.7188 | Shares Float 37.8 M | Wall Street Target Price 1.15 |
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FLYHT Aerospace Valuation on August 21, 2024
It is possible to determine the worth of FLYHT Aerospace on a given historical date. On August 21, 2024 FLYHT was worth 0.28 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FLYHT Aerospace stock. Still, in general, we apply an absolute valuation method to find FLYHT Aerospace'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 FLYHT Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FLYHT Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 0.32 | 0.32 | 0.29 | 0.30 | 11,700 | |
08/21/2024 | 0.28 | 0.30 | 0.26 | 0.27 | 26,010 |
| 0.30 | 0.30 | 0.29 | 0.30 | 27,200 |
| Backtest FLYHT Aerospace | | | FLYHT Aerospace History | | | FLYHT Aerospace Valuation | Previous | Next |
FLYHT Aerospace Trading Date Momentum on August 21, 2024
| On August 22 2024 FLYHT Aerospace Solutions was traded for 0.30 at the closing time. The highest daily price throughout the period was 0.30 and the lowest price was 0.29 . The daily volume was 27.2 K. The net trading volume on 08/22/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 11.11% . The overall trading delta to current closing price is 14.81% . |
FLYHT Aerospace Solutions Fundamentals Correlations and Trends
By evaluating FLYHT Aerospace'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 FLYHT Aerospace's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FLYHT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FLYHT Aerospace Stock history
FLYHT Aerospace 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 FLYHT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FLYHT Aerospace Solutions 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 FLYHT Aerospace stock prices may prove useful in developing a viable investing in FLYHT Aerospace
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.9 M | 40.8 M | |
| Net Loss | -1.2 M | -1.2 M |
FLYHT Aerospace Stock Technical Analysis
FLYHT Aerospace 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
FLYHT Aerospace Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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FLYHT Aerospace December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how FLYHT Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FLYHT Aerospace shares will generate the highest return on investment. By undertsting and applying FLYHT Aerospace stock market strength indicators, traders can identify FLYHT Aerospace Solutions entry and exit signals to maximize returns
FLYHT Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FLYHT Aerospace's price direction in advance. Along with the technical and fundamental analysis of FLYHT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FLYHT 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 | 0.1004 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.098 | |||
| Treynor Ratio | (0.65) |
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Additional Tools for FLYHT Stock Analysis
When running FLYHT Aerospace's price analysis, check to measure FLYHT Aerospace'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 FLYHT Aerospace is operating at the current time. Most of FLYHT Aerospace's value examination focuses on studying past and present price action to predict the probability of FLYHT Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLYHT Aerospace's price. Additionally, you may evaluate how the addition of FLYHT Aerospace to your portfolios can decrease your overall portfolio volatility.