Flotek Stock Market Value

FTK
 Stock
  

USD 1.13  0.02  1.80%   

Flotek Industries' market value is the price at which a share of Flotek Industries stock trades on a public exchange. It measures the collective expectations of Flotek Industries investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Flotek Industries and determine expected loss or profit from investing in Flotek Industries over a given investment horizon. Please check Flotek Industries Correlation, Flotek Industries Volatility and Flotek Industries Alpha and Beta module to complement your research on Flotek Industries.
Symbol


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
86 M
Quarterly Revenue Growth YOY
3.48
Return On Assets
(0.21) 
Return On Equity
(1.42) 
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.

Flotek Industries 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Flotek Industries' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Flotek Industries.
0.00
10/29/2022
No Change 0.00  0.0 
In 31 days
11/28/2022
0.00
If you would invest  0.00  in Flotek Industries on October 29, 2022 and sell it all today you would earn a total of 0.00 from holding Flotek Industries or generate 0.0% return on investment in Flotek Industries over 30 days. Flotek Industries is related to or competes with Schlumberger, Halliburton, NOV, and Siemens Ag. Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industri... More

Flotek Industries Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Flotek Industries' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Flotek Industries upside and downside potential and time the market with a certain degree of confidence.

Flotek Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Flotek Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flotek Industries' standard deviation. In reality, there are many statistical measures that can use Flotek Industries historical prices to predict the future Flotek Industries' volatility.
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
0.061.145.79
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.436.08
Details
Naive
Forecast
LowNext ValueHigh
0.0232681.165.82
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 Backtested Returns

Flotek Industries appears to be dangerous, given 3 months investment horizon. Flotek Industries secures Sharpe Ratio (or Efficiency) of 0.0541, which denotes the company had 0.0541% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Flotek Industries, which you can use to evaluate the future volatility of the firm. Please utilize Flotek Industries' Coefficient Of Variation of 8047.68, mean deviation of 3.46, and Downside Deviation of 4.92 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Flotek Industries holds a performance score of 4. The firm shows a Beta (market volatility) of 1.1169, which means a somewhat significant risk relative to the market. Let's try to break down what Flotek's beta means in this case. Flotek Industries returns are very sensitive to returns on the market. As the market goes up or down, Flotek Industries is expected to follow. Although it is vital to follow Flotek Industries historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Flotek Industries technical indicators, you can presently evaluate if the expected return of 0.25% will be sustainable into the future. Please utilizes Flotek Industries treynor ratio, as well as the relationship between the semi variance and daily balance of power to make a quick decision on whether Flotek Industries price patterns will revert.

Auto-correlation

    
  -0.48  

Modest reverse predictability

Flotek Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Flotek Industries time series from 29th of October 2022 to 13th of November 2022 and 13th of November 2022 to 28th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Flotek Industries price movement. The serial correlation of -0.48 indicates that about 48.0% of current Flotek Industries price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.0

Flotek Industries lagged returns against current returns

Autocorrelation, which is Flotek Industries stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Flotek Industries' stock expected returns. We can calculate the autocorrelation of Flotek Industries returns to help us make a trade decision. For example, suppose you find that Flotek Industries stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Flotek Industries regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Flotek Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flotek Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flotek Industries stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Flotek Industries Lagged Returns

When evaluating Flotek Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flotek Industries stock have on its future price. Flotek Industries autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Flotek Industries autocorrelation shows the relationship between Flotek Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Flotek Industries.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Flotek Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Flotek Industries Correlation, Flotek Industries Volatility and Flotek Industries Alpha and Beta module to complement your research on Flotek Industries. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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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Flotek Industries 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.
A focus of Flotek Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Flotek Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...