Flotek Stock Statistic Functions Beta

FTK
 Stock
  

USD 1.01  0.01  0.98%   

Flotek Industries statistic functions tool provides the execution environment for running the Beta function and other technical functions against Flotek Industries. Flotek Industries value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Flotek Industries statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Flotek Industries correlated with the market. If Beta is less than 0 Flotek Industries generally moves in the opposite direction as compared to the market. If Flotek Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Flotek Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Flotek Industries is generally in the same direction as the market. If Beta > 1 Flotek Industries moves generally in the same direction as, but more than the movement of the benchmark.
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Flotek Industries Technical Analysis Modules

Most technical analysis of Flotek Industries help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Flotek from various momentum indicators to cycle indicators. When you analyze Flotek charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Flotek Industries Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Flotek Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Flotek Industries based on widely used predictive technical indicators. In general, we focus on analyzing Flotek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Flotek Industries's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Flotek Industries's intrinsic value. In addition to deriving basic predictive indicators for Flotek Industries, we also check how macroeconomic factors affect Flotek Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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
0.051.024.92
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.395.29
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.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Flotek Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Flotek Industries' short interest history, or implied volatility extrapolated from Flotek Industries options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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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.
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.