Flotek Stock Alpha and Beta Analysis

FTK
 Stock
  

USD 1.01  0.02  2.02%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Flotek Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in Flotek Industries over a specified time horizon. Remember, high Flotek Industries' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Flotek Industries Backtesting, Flotek Industries Valuation, Flotek Industries Correlation, Flotek Industries Hype Analysis, Flotek Industries Volatility, Flotek Industries History and analyze Flotek Industries Performance.
  
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Please note that although Flotek Industries alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Flotek Industries did 0.005283  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Flotek Industries stock's relative risk over its benchmark. Flotek Industries has a beta of 1.88  . Let's try to break down what Flotek's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Flotek Industries will likely underperform.
Flotek Industries Tangible Asset Value is decreasing as compared to previous years. The preceding year's Tangible Asset Value was reported at 50.24 Million.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Flotek Industries Quarterly Book Value per Share

0.177

Share

Flotek Industries Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Flotek Industries market risk premium is the additional return an investor will receive from holding Flotek Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Flotek Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Flotek Industries' performance over market.
α-0.0053   β1.88
90 days against DJI

Flotek Industries expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Flotek Industries' Buy-and-hold return. Our buy-and-hold chart shows how Flotek Industries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Flotek Industries Market Price Analysis

Market price analysis indicators help investors to evaluate how Flotek 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 Flotek Industries shares will generate the highest return on investment. By understating and applying Flotek Industries stock market price indicators, traders can identify Flotek Industries position entry and exit signals to maximize returns.

Flotek Industries Return and Market Media

The median price of Flotek Industries for the period between Sun, Apr 3, 2022 and Sat, Jul 2, 2022 is 1.27 with a coefficient of variation of 10.61. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 1.26, and mean deviation of 0.11. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Payment of 13631 shares by Michael Borton of Flotek Industri...04/21/2022
2
Form DEF 14A FLOTEK INDUSTRIES INCCN For Jun 09 - StreetInsi...04/29/2022
3
Purchase by John Gibson of 4000 shares of Flotek Industries05/03/2022
4
Filing05/09/2022
5
FLOTEK ANNOUNCES SHAREHOLDER APPROVAL OF 2 BILLION LONG TERM...05/10/2022
6
EPS Reported05/16/2022
7
Unclassified Event05/18/2022
8
Purchase by Profrac Holding Corp of 50000000 shares of Flote...05/20/2022
9
Acquisition by Carson Seham Saleh of 100000 shares of Flotek...05/23/2022
10
Purchase by John Gibson of 4000 shares of Flotek Industries06/02/2022
11
Purchase by Harshavardhan Agadi of 20000 shares of Flotek In...06/03/2022
12
Purchase by Harshavardhan Agadi of 20000 shares of Flotek In...06/07/2022
13
Filing06/14/2022
14
Financial Statements06/22/2022
15
FLOTEK TO PARTICIPATE IN WATER - GuruFocus.com06/23/2022

About Flotek Industries Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Flotek Industries has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
Long Term Debt to Equity0.170.22
Interest Coverage45.3348.91

Flotek Industries Upcoming Company Events

As portrayed in its financial statements, the presentation of Flotek Industries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Flotek Industries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Flotek Industries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Flotek Industries. Please utilize our Beneish M Score to check the likelihood of Flotek Industries' management manipulating its earnings.
Upcoming Quarterly Report15th of March 2022
Next Financial Report9th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Flotek Industries

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Please check Flotek Industries Backtesting, Flotek Industries Valuation, Flotek Industries Correlation, Flotek Industries Hype Analysis, Flotek Industries Volatility, Flotek Industries History and analyze 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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...