Leggett Platt Stock Forecast - Price Action Indicator
| LEG Stock | USD 13.06 1.40 12.01% |
Leggett Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Leggett Platt's historical fundamentals, such as revenue growth or operating cash flow patterns.
Leggett |
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Leggett Platt Trading Date Momentum
| On November 25 2024 Leggett Platt Incorporated was traded for 13.06 at the closing time. Highest Leggett Platt's price during the trading hours was 13.20 and the lowest price during the day was 11.90 . The net volume was 2.8 M. The overall trading history on the 25th of November did not cause price change. The trading delta at closing time to current price is 8.58% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Leggett Platt
For every potential investor in Leggett, whether a beginner or expert, Leggett Platt's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Leggett Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Leggett. Basic forecasting techniques help filter out the noise by identifying Leggett Platt's price trends.Leggett Platt Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Leggett Platt stock to make a market-neutral strategy. Peer analysis of Leggett Platt could also be used in its relative valuation, which is a method of valuing Leggett Platt by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Leggett Platt Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Leggett Platt's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Leggett Platt's current price.| Cycle Indicators | ||
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| Volume Indicators |
Leggett Platt Market Strength Events
Market strength indicators help investors to evaluate how Leggett Platt stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Leggett Platt shares will generate the highest return on investment. By undertsting and applying Leggett Platt stock market strength indicators, traders can identify Leggett Platt Incorporated entry and exit signals to maximize returns.
Leggett Platt Risk Indicators
The analysis of Leggett Platt's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Leggett Platt's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting leggett stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.79 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.79 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether Leggett Platt is a strong investment it is important to analyze Leggett Platt's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Leggett Platt to cross-verify your projections. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Household Durables space 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 Leggett Platt. If investors know Leggett 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 Leggett Platt 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 (0.16) | Dividend Share 1.02 | Earnings Share (6.01) | Revenue Per Share 32.414 | Quarterly Revenue Growth (0.06) |
The market value of Leggett Platt is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt'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 Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt'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 Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt'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.