Legal General Group Stock Probability of Future Pink Sheet Price Finishing Over 15.13
| LGGNY Stock | USD 14.09 0.15 1.08% |
Legal |
Legal General Target Price Odds to finish over 15.13
The tendency of Legal 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 over $ 15.13 or more in 90 days |
| 14.09 | 90 days | 15.13 | about 8.99 |
Based on a normal probability distribution, the odds of Legal General to move over $ 15.13 or more in 90 days from now is about 8.99 (This Legal General Group probability density function shows the probability of Legal Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Legal General Group price to stay between its current price of $ 14.09 and $ 15.13 at the end of the 90-day period is about 79.4 .
Assuming the 90 days horizon Legal General has a beta of 0.58. This indicates as returns on the market go up, Legal General average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legal General Group will be expected to be much smaller as well. Additionally Legal General Group 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. Legal General Price Density |
| Price |
Predictive Modules for Legal General
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legal General Group. 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.Legal General Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Legal General is not an exception. The market had few large corrections towards the Legal General'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 Legal General Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legal General within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | -0.19 |
Legal General 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 Legal General for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legal General Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Legal General Group generated a negative expected return over the last 90 days | |
| Legal General Group has accumulated 5.14 B in total debt with debt to equity ratio (D/E) of 4.52, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Legal General Group has a current ratio of 0.88, 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 Legal General until it has trouble settling it off, either with new capital or with free cash flow. So, Legal General'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 Legal General Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legal to invest in growth at high rates of return. When we think about Legal General's use of debt, we should always consider it together with cash and equity. | |
| Legal General Group has accumulated about 24.77 B in cash with (169 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.92, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Legal General 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 Legal Pink Sheet often depends not only on the future outlook of the current and potential Legal General'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. Legal General's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6 B |
Legal General Technical Analysis
Legal General's future price can be derived by breaking down and analyzing its technical indicators over time. Legal Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legal General Group. In general, you should focus on analyzing Legal Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Legal General Predictive Forecast Models
Legal General's time-series forecasting models is one of many Legal General'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 Legal General'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 Legal General Group
Checking the ongoing alerts about Legal General for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legal General Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Legal General Group generated a negative expected return over the last 90 days | |
| Legal General Group has accumulated 5.14 B in total debt with debt to equity ratio (D/E) of 4.52, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Legal General Group has a current ratio of 0.88, 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 Legal General until it has trouble settling it off, either with new capital or with free cash flow. So, Legal General'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 Legal General Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legal to invest in growth at high rates of return. When we think about Legal General's use of debt, we should always consider it together with cash and equity. | |
| Legal General Group has accumulated about 24.77 B in cash with (169 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.92, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Tools for Legal Pink Sheet Analysis
When running Legal General's price analysis, check to measure Legal General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legal General is operating at the current time. Most of Legal General's value examination focuses on studying past and present price action to predict the probability of Legal General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legal General's price. Additionally, you may evaluate how the addition of Legal General to your portfolios can decrease your overall portfolio volatility.