Flotek Stock Probability of Future Stock Price Finishing Over 1.21

FTK
 Stock
  

USD 1.07  0.01  0.93%   

Flotek Industries' future price is the expected price of Flotek Industries instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Flotek Industries performance during a given time horizon utilizing its historical volatility. Price to Book Value is estimated to decrease to 3.54. The current Price to Earnings Ratio is estimated to decrease to -2.76.
  
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Flotek Industries' implied volatility is one of the determining factors in the pricing options written on Flotek Industries. Implied volatility approximates the future value of Flotek Industries based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Flotek Industries over a specific time period. For example, 2022-07-15 CALL at $1.0 is a CALL option contract on Flotek Industries' common stock with a strick price of 1.0 expiring on 2022-07-15. The contract was last traded on 2022-06-22 at 11:47:37 for $0.2 and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $0.2. The implied volatility as of the 27th of June is 112.469. View All Flotek options

Closest to current price Flotek long CALL Option Payoff at Expiration

Please check Flotek Industries Backtesting, Flotek Industries Valuation, Flotek Industries Correlation, Flotek Industries Hype Analysis, Flotek Industries Volatility, Flotek Industries History as well as Flotek Industries Performance. Please specify Flotek Industries time horizon, a valid symbol (red box) and a target price (blue box) you would like Flotek Industries odds to be computed.
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Flotek Industries Target Price Odds to finish over 1.21

The tendency of Flotek Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 1.21  or more in 90 days
 1.07 90 days 1.21  about 74.75
Based on a normal probability distribution, the odds of Flotek Industries to move over $ 1.21  or more in 90 days from now is about 74.75 (This Flotek Industries probability density function shows the probability of Flotek Stock to fall within a particular range of prices over 90 days) . Probability of Flotek Industries price to stay between its current price of $ 1.07  and $ 1.21  at the end of the 90-day period is about 21.91 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.72 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Flotek Industries will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Flotek Industries is significantly underperforming DOW.
 Flotek Industries Price Density 
      Price 

Predictive Modules for Flotek Industries

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Flotek Industries. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Flotek Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Flotek Industries in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.051.046.15
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.416.52
Details
Naive
Forecast
LowNext ValueHigh
0.0164790.825.93
Details
1 Analysts
Consensus
LowTarget PriceHigh
2.502.502.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Flotek Industries. Your research has to be compared to or analyzed against Flotek Industries' peers to derive any actionable benefits. When done correctly, Flotek Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Flotek Industries.

Flotek Industries Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Flotek Industries is not an exception. The market had few large corrections towards the Flotek Industries' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Flotek Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Flotek Industries within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.03
β
Beta against DOW1.72
σ
Overall volatility
0.12
Ir
Information ratio -0.03

Flotek Industries Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Flotek Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Flotek Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Flotek Industries generated a negative expected return over the last 90 days
Flotek Industries has high historical volatility and very poor performance
Flotek Industries has some characteristics of a very speculative penny stock
Flotek Industries was previously known as FLOTEK INDUSTRIES INC and was traded on New York Stock Exchange under the symbol FLTK.
The company reported the last year's revenue of 43.27 M. Reported Net Loss for the year was (30.53 M) with profit before taxes, overhead, and interest of 3.26 M.
Flotek Industries has about 11.53 M in cash with (25.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Flotek Industries has a poor financial position based on the latest SEC disclosures
Latest headline from www.gurufocus.com: FLOTEK TO PARTICIPATE IN WATER - GuruFocus.com

Flotek Industries Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Flotek Stock often depends not only on the future outlook of the current and potential Flotek Industries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Flotek Industries' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out4.49%
Short Percent Of Float5.98%
Float Shares62.62M
Shares Short Prior Month2.85M
Average Daily Volume Last 10 Day407.9k
Average Daily Volume In Three Month622.91k
Date Short Interest29th of April 2022

Flotek Industries Technical Analysis

Flotek Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Flotek Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flotek Industries. In general, you should focus on analyzing Flotek Stock price patterns and their correlations with different microeconomic environments and drivers.

Flotek Industries Predictive Forecast Models

Flotek Industries time-series forecasting models is one of many Flotek Industries' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Flotek Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Flotek Industries

Checking the ongoing alerts about Flotek Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Flotek Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Flotek Industries Alerts

Flotek Industries Alerts and Suggestions

Flotek Industries generated a negative expected return over the last 90 days
Flotek Industries has high historical volatility and very poor performance
Flotek Industries has some characteristics of a very speculative penny stock
Flotek Industries was previously known as FLOTEK INDUSTRIES INC and was traded on New York Stock Exchange under the symbol FLTK.
The company reported the last year's revenue of 43.27 M. Reported Net Loss for the year was (30.53 M) with profit before taxes, overhead, and interest of 3.26 M.
Flotek Industries has about 11.53 M in cash with (25.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Flotek Industries has a poor financial position based on the latest SEC disclosures
Latest headline from www.gurufocus.com: FLOTEK TO PARTICIPATE IN WATER - GuruFocus.com
Please check Flotek Industries Backtesting, Flotek Industries Valuation, Flotek Industries Correlation, Flotek Industries Hype Analysis, Flotek Industries Volatility, Flotek Industries History as well as Flotek Industries Performance. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Flotek Industries price analysis, check to measure Flotek 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 Flotek Industries is operating at the current time. Most of Flotek Industries' value examination focuses on studying past and present price action to predict the probability of Flotek Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flotek Industries' price. Additionally, you may evaluate how the addition of Flotek Industries to your portfolios can decrease your overall portfolio volatility.
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Is Flotek Industries' industry 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 Flotek Industries. If investors know Flotek 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 Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
82 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' 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 Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' 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 Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Flotek Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' 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.