Fluor Stock Market Value
| FLR Stock | USD 38.90 2.34 5.67% |
| Symbol | Fluor |
Fluor Price To Book Ratio
Is Fluor's 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 Fluor. If investors know Fluor 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 Fluor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 13.375 | Earnings Share 1.7 | Revenue Per Share 98.778 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0375 |
The market value of Fluor is measured differently than its book value, which is the value of Fluor that is recorded on the company's balance sheet. Investors also form their own opinion of Fluor's value that differs from its market value or its book value, called intrinsic value, which is Fluor's 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 Fluor's market value can be influenced by many factors that don't directly affect Fluor's 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 Fluor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fluor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fluor's 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.
Fluor '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 Fluor's 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 Fluor.
| 04/05/2024 |
| 05/05/2024 |
If you would invest 0.00 in Fluor on April 5, 2024 and sell it all today you would earn a total of 0.00 from holding Fluor or generate 0.0% return on investment in Fluor over 30 days. Fluor is related to or competes with Aecom Technology, Matrix Service, MYR, EMCOR, Jacobs Solutions, KBR, and Tetra Tech. Fluor Corporation provides engineering, procurement, and construction fabrication and modularization operation and maint... More
Fluor 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 Fluor's 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 Fluor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.14 | |||
| Information Ratio | (0.0001) | |||
| Maximum Drawdown | 17.46 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 3.7 |
Fluor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fluor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fluor's standard deviation. In reality, there are many statistical measures that can use Fluor historical prices to predict the future Fluor's volatility.| Risk Adjusted Performance | 0.0274 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.0001) | |||
| Treynor Ratio | 0.0432 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fluor's 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.
Fluor Backtested Returns
We consider Fluor very steady. Fluor secures Sharpe Ratio (or Efficiency) of 0.0313, which denotes the company had a 0.0313% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fluor, which you can use to evaluate the volatility of the firm. Please confirm Fluor's Downside Deviation of 3.14, coefficient of variation of 3165.56, and Mean Deviation of 1.66 to check if the risk estimate we provide is consistent with the expected return of 0.0792%. Fluor has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.6, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fluor will likely underperform. Fluor right now shows a risk of 2.53%. Please confirm Fluor potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Fluor will be following its price patterns.
Auto-correlation | 0.35 |
Below average predictability
Fluor has below average predictability. Overlapping area represents the amount of predictability between Fluor time series from 5th of April 2024 to 20th of April 2024 and 20th of April 2024 to 5th of May 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fluor price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Fluor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Fluor lagged returns against current returns
Autocorrelation, which is Fluor 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 Fluor's stock expected returns. We can calculate the autocorrelation of Fluor returns to help us make a trade decision. For example, suppose you find that Fluor 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fluor 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 Fluor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fluor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fluor stock over time.
Current vs Lagged Prices |
| Timeline |
Fluor Lagged Returns
When evaluating Fluor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fluor stock have on its future price. Fluor 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, Fluor autocorrelation shows the relationship between Fluor stock current value and its past values and can show if there is a momentum factor associated with investing in Fluor.
Regressed Prices |
| Timeline |
Fluor Investors Sentiment
The influence of Fluor's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fluor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fluor's public news can be used to forecast risks associated with an investment in Fluor. The trend in average sentiment can be used to explain how an investor holding Fluor can time the market purely based on public headlines and social activities around Fluor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fluor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fluor's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fluor's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fluor.
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 Fluor 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, Fluor's short interest history, or implied volatility extrapolated from Fluor options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Fluor Correlation, Fluor Volatility and Fluor Alpha and Beta module to complement your research on Fluor. To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Fluor Stock analysis
When running Fluor's price analysis, check to measure Fluor'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 Fluor is operating at the current time. Most of Fluor's value examination focuses on studying past and present price action to predict the probability of Fluor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluor's price. Additionally, you may evaluate how the addition of Fluor to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Fluor 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.