Legend Holdings (Germany) Probability of Future Stock Price Finishing Under 0.94
| 1PC Stock | EUR 0.84 0.01 1.20% |
Legend |
Legend Holdings Target Price Odds to finish below 0.94
The tendency of Legend Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under € 0.94 after 90 days |
| 0.84 | 90 days | 0.94 | about 87.77 |
Based on a normal probability distribution, the odds of Legend Holdings to stay under € 0.94 after 90 days from now is about 87.77 (This Legend Holdings probability density function shows the probability of Legend Stock to fall within a particular range of prices over 90 days) . Probability of Legend Holdings price to stay between its current price of € 0.84 and € 0.94 at the end of the 90-day period is about 24.77 .
Assuming the 90 days horizon Legend Holdings has a beta of 0.31. This suggests as returns on the market go up, Legend Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legend Holdings will be expected to be much smaller as well. Additionally Legend Holdings has an alpha of 0.4967, implying that it can generate a 0.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Legend Holdings Price Density |
| Price |
Predictive Modules for Legend Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legend Holdings. 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.Legend Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Legend Holdings is not an exception. The market had few large corrections towards the Legend Holdings' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Legend Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legend Holdings within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | 0.10 |
Legend Holdings Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Legend Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legend Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Legend Holdings has some characteristics of a very speculative penny stock | |
| Legend Holdings appears to be risky and price may revert if volatility continues | |
| Legend Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Legend Holdings has accumulated 95.24 B in total debt with debt to equity ratio (D/E) of 346.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Legend Holdings has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Legend Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Legend Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Legend Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legend to invest in growth at high rates of return. When we think about Legend Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 57.0% of Legend Holdings shares are owned by insiders or employees |
Legend Holdings Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Legend Stock often depends not only on the future outlook of the current and potential Legend Holdings' 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. Legend Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.4 B |
Legend Holdings Technical Analysis
Legend Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Legend Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legend Holdings. In general, you should focus on analyzing Legend Stock price patterns and their correlations with different microeconomic environments and drivers.
Legend Holdings Predictive Forecast Models
Legend Holdings' time-series forecasting models is one of many Legend Holdings' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Legend Holdings' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Legend Holdings
Checking the ongoing alerts about Legend Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legend Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Legend Holdings has some characteristics of a very speculative penny stock | |
| Legend Holdings appears to be risky and price may revert if volatility continues | |
| Legend Holdings has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Legend Holdings has accumulated 95.24 B in total debt with debt to equity ratio (D/E) of 346.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Legend Holdings has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Legend Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Legend Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Legend Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legend to invest in growth at high rates of return. When we think about Legend Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 57.0% of Legend Holdings shares are owned by insiders or employees |
Other Information on Investing in Legend Stock
Legend Holdings financial ratios help investors to determine whether Legend 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 Legend with respect to the benefits of owning Legend Holdings security.