Legacy Education Alliance Stock Probability of Future Pink Sheet Price Finishing Over 2.0E-4
| LEAI Stock | USD 0.0002 0.00 0.00% |
Legacy |
Legacy Education Target Price Odds to finish over 2.0E-4
The tendency of Legacy Pink Sheet 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 move above the current price in 90 days |
| 0.0002 | 90 days | 0.0002 | about 71.16 |
Based on a normal probability distribution, the odds of Legacy Education to move above the current price in 90 days from now is about 71.16 (This Legacy Education Alliance probability density function shows the probability of Legacy Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Legacy Education Alliance has a beta of -0.34. This indicates as returns on the benchmark increase, returns on holding Legacy Education are expected to decrease at a much lower rate. During a bear market, however, Legacy Education Alliance is likely to outperform the market. Additionally Legacy Education Alliance has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Legacy Education Price Density |
| Price |
Predictive Modules for Legacy Education
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legacy Education Alliance. 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.Legacy Education Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Legacy Education is not an exception. The market had few large corrections towards the Legacy Education's 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 Legacy Education Alliance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legacy Education within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.52 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 0.000043 | |
Ir | Information ratio | -0.14 |
Legacy Education 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 Legacy Education for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legacy Education Alliance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Legacy Education generated a negative expected return over the last 90 days | |
| Legacy Education has some characteristics of a very speculative penny stock | |
| Legacy Education has high historical volatility and very poor performance | |
| Legacy Education has a very high chance of going through financial distress in the upcoming years | |
| Legacy Education Alliance currently holds 1.93 M in liabilities. Legacy Education Alliance has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legacy Education until it has trouble settling it off, either with new capital or with free cash flow. So, Legacy Education's 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 Legacy Education Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legacy to invest in growth at high rates of return. When we think about Legacy Education's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 7.71 M. Net Loss for the year was (566 K) with profit before overhead, payroll, taxes, and interest of 5.42 M. | |
| Legacy Education Alliance currently holds about 20 K in cash with (4.83 M) of positive cash flow from operations. | |
| Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Legacy Education Technical Analysis
Legacy Education's future price can be derived by breaking down and analyzing its technical indicators over time. Legacy Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legacy Education Alliance. In general, you should focus on analyzing Legacy Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Legacy Education Predictive Forecast Models
Legacy Education's time-series forecasting models is one of many Legacy Education's pink sheet 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 Legacy Education's 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Legacy Education Alliance
Checking the ongoing alerts about Legacy Education for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legacy Education Alliance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Legacy Education generated a negative expected return over the last 90 days | |
| Legacy Education has some characteristics of a very speculative penny stock | |
| Legacy Education has high historical volatility and very poor performance | |
| Legacy Education has a very high chance of going through financial distress in the upcoming years | |
| Legacy Education Alliance currently holds 1.93 M in liabilities. Legacy Education Alliance has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legacy Education until it has trouble settling it off, either with new capital or with free cash flow. So, Legacy Education's 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 Legacy Education Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legacy to invest in growth at high rates of return. When we think about Legacy Education's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 7.71 M. Net Loss for the year was (566 K) with profit before overhead, payroll, taxes, and interest of 5.42 M. | |
| Legacy Education Alliance currently holds about 20 K in cash with (4.83 M) of positive cash flow from operations. | |
| Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Legacy Pink Sheet
Legacy Education financial ratios help investors to determine whether Legacy Pink Sheet 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 Legacy with respect to the benefits of owning Legacy Education security.