Legato Merger Pink Sheet Forward View - Polynomial Regression
| LGTODelisted Stock | USD 3.20 0.03 0.93% |
Legato Pink Sheet outlook is based on your current time horizon.
As of today, The relative strength index (RSI) of Legato Merger's share price is at 56. This indicates that the pink sheet is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Legato Merger, making its price go up or down. Momentum 56
Buy Extended
Oversold | Overbought |
Using Legato Merger hype-based prediction, you can estimate the value of Legato Merger II from the perspective of Legato Merger response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of Legato Merger II on the next trading day is expected to be 3.40 with a mean absolute deviation of 0.1 and the sum of the absolute errors of 5.81. Legato Merger after-hype prediction price | USD 3.2 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Legato |
Legato Merger Additional Predictive Modules
Most predictive techniques to examine Legato price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Legato using various technical indicators. When you analyze Legato 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Legato Merger Polynomial Regression Price Forecast For the 22nd of February
Given 90 days horizon, the Polynomial Regression forecasted value of Legato Merger II on the next trading day is expected to be 3.40 with a mean absolute deviation of 0.1, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.81.Please note that although there have been many attempts to predict Legato Pink Sheet prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Legato Merger's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Legato Merger Pink Sheet Forecast Pattern
| Backtest Legato Merger | Legato Merger Price Prediction | Research Analysis |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Legato Merger pink sheet data series using in forecasting. Note that when a statistical model is used to represent Legato Merger pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 113.8377 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0952 |
| MAPE | Mean absolute percentage error | 0.029 |
| SAE | Sum of the absolute errors | 5.8094 |
Predictive Modules for Legato Merger
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legato Merger II. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Legato Merger'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.
Legato Merger After-Hype Price Density Analysis
As far as predicting the price of Legato Merger at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Legato Merger or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Legato Merger, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Legato Merger Estimiated After-Hype Price Volatility
In the context of predicting Legato Merger's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Legato Merger's historical news coverage. Legato Merger's after-hype downside and upside margins for the prediction period are 3.20 and 3.20, respectively. We have considered Legato Merger's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Legato Merger is very steady at this time. Analysis and calculation of next after-hype price of Legato Merger II is based on 3 months time horizon.
Legato Merger Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Legato Merger is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Legato Merger backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Legato Merger, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.00 | 0.00 | 0.00 | 0 Events / Month | 1 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.20 | 3.20 | 0.00 |
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Legato Merger Hype Timeline
Legato Merger II is now traded for 3.20. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Legato is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is now at 0.0%. %. The volatility of related hype on Legato Merger is about 0.0%, with the expected price after the next announcement by competition of 3.20. About 18.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.01. Legato Merger II had not issued any dividends in recent years. Given the investment horizon of 90 days the next anticipated press release will be uncertain. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.Legato Merger Related Hype Analysis
Having access to credible news sources related to Legato Merger's direct competition is more important than ever and may enhance your ability to predict Legato Merger's future price movements. Getting to know how Legato Merger's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Legato Merger may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RDZN | Roadzen | (0.05) | 5 per month | 4.61 | 0 | 12.04 | (5.75) | 33.60 | |
| ADAL | Anthemis Digital Acquisitions | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ATVC | Tribe Capital Growth | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| HZON | Horizon Acquisition II | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CIIG | CIIG Capital Partners | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FRON | Frontier Acquisition Corp | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LOKM | Live Oak Mobility | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SHFS | SHF Holdings | (0.01) | 5 per month | 0.00 | (0.09) | 12.50 | (8.86) | 30.12 |
Legato Merger 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 Legato Merger pink sheet to make a market-neutral strategy. Peer analysis of Legato Merger could also be used in its relative valuation, which is a method of valuing Legato Merger by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Legato Merger Market Strength Events
Market strength indicators help investors to evaluate how Legato Merger pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legato Merger shares will generate the highest return on investment. By undertsting and applying Legato Merger pink sheet market strength indicators, traders can identify Legato Merger II entry and exit signals to maximize returns.
Legato Merger Risk Indicators
The analysis of Legato Merger'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 Legato Merger's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting legato pink sheet 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 | 2.92 | |||
| Semi Deviation | 3.08 | |||
| Standard Deviation | 3.63 | |||
| Variance | 13.18 | |||
| Downside Variance | 10.2 | |||
| Semi Variance | 9.51 | |||
| Expected Short fall | (3.58) |
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.
Story Coverage note for Legato Merger
The number of cover stories for Legato Merger depends on current market conditions and Legato Merger's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Legato Merger is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Legato Merger's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Legato Merger Short Properties
Legato Merger's future price predictability will typically decrease when Legato Merger's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Legato Merger II often depends not only on the future outlook of the potential Legato Merger's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Legato Merger's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.1 B | |
| Cash And Short Term Investments | 72.2 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Legato Pink Sheet
If you are still planning to invest in Legato Merger II check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Legato Merger's history and understand the potential risks before investing.
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