Legacy Competitors
| LEGH Stock | USD 20.76 0.01 0.05% |
Legacy Housing vs MarineMax Correlation
Very weak diversification
The correlation between Legacy Housing Corp and HZO is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Legacy Housing Corp and HZO in the same portfolio, assuming nothing else is changed.
Moving together with Legacy Stock
As of now, Legacy Housing's Return On Capital Employed is increasing as compared to previous years. The Legacy Housing's current Return On Equity is estimated to increase to 0.17, while Return On Tangible Assets are projected to decrease to 0.09. As of now, Legacy Housing's Fixed Asset Turnover is decreasing as compared to previous years. The Legacy Housing's current Asset Turnover is estimated to increase to 0.59, while Total Assets are projected to decrease to under 369.1 M.Legacy Housing Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Legacy Housing and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Legacy and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Legacy Housing Corp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Legacy Stock performing well and Legacy Housing Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Legacy Housing's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BZH | 1.95 | (0.15) | 0.00 | (0.03) | 0.00 | 5.19 | 19.78 | |||
| HOV | 2.80 | (0.27) | 0.00 | (0.06) | 0.00 | 7.93 | 34.59 | |||
| OXM | 3.11 | (0.04) | (0.01) | 0.01 | 4.96 | 6.99 | 30.64 | |||
| CPS | 2.41 | (0.28) | 0.00 | (0.14) | 0.00 | 5.82 | 17.42 | |||
| SCVL | 2.47 | (0.02) | 0.00 | 0.03 | 2.95 | 4.98 | 11.78 | |||
| BLMN | 3.05 | (0.35) | 0.00 | (0.15) | 0.00 | 5.22 | 22.59 | |||
| MBUU | 2.01 | (0.07) | (0.01) | 0.00 | 3.27 | 4.10 | 13.33 | |||
| BWMX | 1.86 | 0.39 | 0.19 | 1.38 | 1.57 | 3.90 | 16.38 | |||
| GDEN | 1.71 | 0.38 | 0.19 | 76.63 | 1.43 | 2.51 | 37.11 | |||
| HZO | 2.72 | 0.09 | 0.05 | 0.08 | 3.02 | 7.45 | 16.81 |
Cross Equities Net Income Analysis
Compare Legacy Housing Corp and related stocks such as Beazer Homes USA, Hovnanian Enterprises, and Oxford Industries Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BZH | 16.1 M | (145.3 M) | (33.9 M) | 34.4 M | 344.1 M | 4.7 M | 31.8 M | (45.4 M) | (79.4 M) | 52.2 M | 122 M | 220.7 M | 158.6 M | 140.2 M | 45.6 M | 52.4 M | 55 M |
| HOV | 11.5 M | (66.2 M) | 31.3 M | 307.1 M | (16.1 M) | (2.8 M) | (332.2 M) | 4.5 M | (42.1 M) | 50.9 M | 607.8 M | 225.5 M | 205.9 M | 242 M | 63.9 M | 73.4 M | 77.1 M |
| OXM | 10.3 M | 31.3 M | 31.3 M | 45.3 M | 45.8 M | 52.5 M | 52.5 M | 65.1 M | 66.3 M | (95.7 M) | (95.7 M) | 131.3 M | 165.7 M | 93 M | 93 M | 60.7 M | 63.7 M |
| CPS | 8.8 M | 102.8 M | 102.8 M | 47.9 M | 42.8 M | 111.9 M | 139 M | 138 M | 103.6 M | 67.5 M | (267.6 M) | (322.8 M) | (215.4 M) | (202 M) | (78.7 M) | (70.9 M) | (67.3 M) |
| SCVL | 4.5 M | 26.4 M | 29.3 M | 26.9 M | 25.5 M | 28.8 M | 23.5 M | 18.9 M | 38.1 M | 42.9 M | 16 M | 154.9 M | 110.1 M | 73.3 M | 73.8 M | 84.8 M | 89.1 M |
| BLMN | (64.5 M) | 100 M | 50 M | 208.4 M | 91.1 M | 127.3 M | 41.7 M | 100.2 M | 107.1 M | 130.6 M | (158.7 M) | 215.6 M | 101.9 M | 247.4 M | (128 M) | (147.2 M) | (139.9 M) |
| MBUU | (543 K) | 11.1 M | 5.3 M | (4.7 M) | 14.7 M | 18 M | 28.4 M | 27.6 M | 66.1 M | 61.6 M | 109.8 M | 157.6 M | 104.5 M | (55.9 M) | 14.9 M | 17.1 M | 16.3 M |
| BWMX | 227 K | 227 K | 227 K | 227 K | 227 K | 227 K | 227 K | 207.7 M | 299.3 M | 472.1 M | 298.4 M | 1.8 B | 872.6 M | 1 B | 711.7 M | 818.5 M | 692.2 M |
| GDEN | 61.2 M | (1.8 M) | 3.2 M | 18.7 M | (24.8 M) | 24.5 M | 16.3 M | 2.2 M | (20.9 M) | (39.5 M) | (136.6 M) | 161.8 M | 82.3 M | 255.8 M | 50.7 M | 58.3 M | 61.3 M |
| HZO | (600 K) | 1.1 M | 15 M | 11.3 M | 48.3 M | 22.6 M | 23.5 M | 39.3 M | 36 M | 74.6 M | 155 M | 198 M | 109.3 M | 38.1 M | (31.6 M) | (36.4 M) | (34.6 M) |
Legacy Housing Corp and related stocks such as Beazer Homes USA, Hovnanian Enterprises, and Oxford Industries Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Legacy Housing Corp financial statement analysis. It represents the amount of money remaining after all of Legacy Housing Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Legacy Housing Competitive Analysis
The better you understand Legacy Housing competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Legacy Housing's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Legacy Housing's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Legacy Housing Competition Performance Charts
Five steps to successful analysis of Legacy Housing Competition
Legacy Housing's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Legacy Housing Corp in relation to its competition. Legacy Housing's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Legacy Housing in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Legacy Housing's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Legacy Housing Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Legacy Housing position
In addition to having Legacy Housing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Beers Thematic Idea Now
Beers
Companies involved in production and distribution of domestic and international beer. The Beers theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Beers Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Legacy Housing Correlation with its peers. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is there potential for Household Durables market expansion? Will Legacy introduce new products? Factors like these will boost the valuation of Legacy Housing. Expected growth trajectory for Legacy significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Legacy Housing 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 (0.45) | Earnings Share 1.95 | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets |
Investors evaluate Legacy Housing Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Legacy Housing's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Legacy Housing's market price to deviate significantly from intrinsic value.
Understanding that Legacy Housing's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Legacy Housing represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Legacy Housing's market price signifies the transaction level at which participants voluntarily complete trades.