Legrand SA Stock Forward View - Simple Exponential Smoothing
| LR Stock | EUR 137.20 1.65 1.22% |
Legrand Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Legrand SA stock prices and determine the direction of Legrand SA's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Legrand SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength index (RSI) of Legrand SA's stock price is about 63. This indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Legrand, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth 0.026 | EPS Estimate Next Quarter 1.4438 | EPS Estimate Current Year 5.0805 | EPS Estimate Next Year 5.7319 | Wall Street Target Price 145.3889 |
Using Legrand SA hype-based prediction, you can estimate the value of Legrand SA from the perspective of Legrand SA response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Legrand SA on the next trading day is expected to be 137.20 with a mean absolute deviation of 1.30 and the sum of the absolute errors of 79.45. Legrand SA after-hype prediction price | EUR 137.2 |
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 stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Legrand |
Legrand SA Additional Predictive Modules
Most predictive techniques to examine Legrand price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Legrand using various technical indicators. When you analyze Legrand 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 |
Legrand SA Simple Exponential Smoothing Price Forecast For the 5th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Legrand SA on the next trading day is expected to be 137.20 with a mean absolute deviation of 1.30, mean absolute percentage error of 2.58, and the sum of the absolute errors of 79.45.Please note that although there have been many attempts to predict Legrand Stock 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 Legrand SA's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Legrand SA Stock Forecast Pattern
| Backtest Legrand SA | Legrand SA Price Prediction | Research Analysis |
Legrand SA Forecasted Value
In the context of forecasting Legrand SA's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Legrand SA's downside and upside margins for the forecasting period are 135.94 and 138.46, respectively. We have considered Legrand SA's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Legrand SA stock data series using in forecasting. Note that when a statistical model is used to represent Legrand SA stock, 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 | 119.0581 |
| Bias | Arithmetic mean of the errors | -0.1303 |
| MAD | Mean absolute deviation | 1.3025 |
| MAPE | Mean absolute percentage error | 0.0101 |
| SAE | Sum of the absolute errors | 79.45 |
Predictive Modules for Legrand SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legrand SA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Legrand SA After-Hype Price Density Analysis
As far as predicting the price of Legrand SA 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 Legrand SA 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 Stock prices, such as prices of Legrand SA, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Legrand SA Estimiated After-Hype Price Volatility
In the context of predicting Legrand SA's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Legrand SA's historical news coverage. Legrand SA's after-hype downside and upside margins for the prediction period are 135.20 and 139.20, respectively. We have considered Legrand SA'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
Legrand SA is very steady at this time. Analysis and calculation of next after-hype price of Legrand SA is based on 3 months time horizon.
Legrand SA Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Legrand SA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Legrand SA 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 Stock 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 Legrand SA, 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 |
0.11 | 1.25 | 0.14 | 0.02 | 3 Events / Month | 2 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
137.20 | 137.20 | 0.00 |
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Legrand SA Hype Timeline
Legrand SA is now traded for 137.20on Euronext Paris of France. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of -0.02. Legrand is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 100.0%. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at 0.11%. %. The volatility of related hype on Legrand SA is about 726.74%, with the expected price after the next announcement by competition of 137.18. About 55.0% of the company shares are owned by institutional investors. The book value of Legrand SA was now reported as 27.35. The company has Price/Earnings To Growth (PEG) ratio of 2.04. Legrand SA last dividend was issued on the 29th of May 2025. Assuming the 90 days horizon the next projected press release will be in about 3 days. Check out Historical Fundamental Analysis of Legrand SA to cross-verify your projections.Legrand SA Related Hype Analysis
Having access to credible news sources related to Legrand SA's direct competition is more important than ever and may enhance your ability to predict Legrand SA's future price movements. Getting to know how Legrand SA'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 Legrand SA may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SGO | Compagnie de Saint Gobain | (1.92) | 3 per month | 0.00 | (0.03) | 2.85 | (2.54) | 8.00 | |
| HO | Thales SA | (6.67) | 1 per month | 1.56 | 0.03 | 2.60 | (2.79) | 12.25 | |
| AM | Dassault Aviation SA | 0.20 | 3 per month | 1.33 | 0.11 | 3.98 | (2.51) | 7.66 | |
| NEX | Nexans SA | 7.40 | 4 per month | 2.06 | 0.07 | 3.43 | (3.08) | 12.43 | |
| PERR | Grard Perrier Industrie | 0.00 | 0 per month | 0.75 | 0.12 | 2.21 | (1.41) | 6.17 | |
| VIE | Veolia Environnement VE | 0.00 | 0 per month | 0.93 | 0.08 | 1.57 | (1.87) | 4.39 | |
| MRN | Mersen SA | (0.05) | 3 per month | 1.20 | 0.11 | 2.40 | (2.00) | 8.80 | |
| ALI2S | i2S SA | (0.75) | 1 per month | 0.00 | (0.05) | 5.47 | (6.15) | 18.25 | |
| EN | Bouygues SA | 0.22 | 6 per month | 0.66 | 0.19 | 2.14 | (1.53) | 4.37 | |
| ALUCI | Lucibel | (0.15) | 7 per month | 0.00 | (0.13) | 15.76 | (26.80) | 56.22 |
Other Forecasting Options for Legrand SA
For every potential investor in Legrand, whether a beginner or expert, Legrand SA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Legrand Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Legrand. Basic forecasting techniques help filter out the noise by identifying Legrand SA's price trends.Legrand SA 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 Legrand SA stock to make a market-neutral strategy. Peer analysis of Legrand SA could also be used in its relative valuation, which is a method of valuing Legrand SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Legrand SA Market Strength Events
Market strength indicators help investors to evaluate how Legrand SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legrand SA shares will generate the highest return on investment. By undertsting and applying Legrand SA stock market strength indicators, traders can identify Legrand SA entry and exit signals to maximize returns.
Legrand SA Risk Indicators
The analysis of Legrand SA'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 Legrand SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting legrand 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 | 1.18 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.8 |
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 Legrand SA
The number of cover stories for Legrand SA depends on current market conditions and Legrand SA's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Legrand SA 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 Legrand SA'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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Legrand SA Short Properties
Legrand SA's future price predictability will typically decrease when Legrand SA's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Legrand SA often depends not only on the future outlook of the potential Legrand SA'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. Legrand SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 263.7 M | |
| Cash And Short Term Investments | 2.1 B |
Other Information on Investing in Legrand Stock
Legrand SA financial ratios help investors to determine whether Legrand Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Legrand with respect to the benefits of owning Legrand SA security.