Legato Merger Ii Stock Probability of Future Stock Price Finishing Over 2.87
| LGTO Stock | USD 3.21 0.18 5.94% |
Legato |
Legato Merger Target Price Odds to finish over 2.87
The tendency of Legato 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 above $ 2.87 in 90 days |
| 3.21 | 90 days | 2.87 | more than 93.0 |
Based on a normal probability distribution, the odds of Legato Merger to stay above $ 2.87 in 90 days from now is more than 93.0 (This Legato Merger II probability density function shows the probability of Legato Stock to fall within a particular range of prices over 90 days) . Probability of Legato Merger II price to stay between $ 2.87 and its current price of $3.21 at the end of the 90-day period is about 18.21 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.56 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Legato Merger will likely underperform. Additionally Legato Merger II 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. Legato Merger Price Density |
| Price |
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 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.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Legato Merger is not an exception. The market had few large corrections towards the Legato Merger'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 Legato Merger II, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legato Merger within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.57 | |
β | Beta against Dow Jones | 2.56 | |
σ | Overall volatility | 0.41 | |
Ir | Information ratio | -0.07 |
Legato Merger 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 Legato Merger for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legato Merger II can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Legato Merger II generated a negative expected return over the last 90 days | |
| Legato Merger II has high historical volatility and very poor performance | |
| Legato Merger II has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.16 B. Net Loss for the year was (18.71 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Legato Merger II currently holds about 520.84 K in cash with (10.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: Disposition of 9977 shares by Chad Nyce of Lincoln Educational at 16.5 subject to Rule 16b-3 |
Legato Merger 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 Legato Stock often depends not only on the future outlook of the current and 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 | 47.1 M | |
| Cash And Short Term Investments | 49.2 M |
Legato Merger Technical Analysis
Legato Merger's future price can be derived by breaking down and analyzing its technical indicators over time. Legato Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legato Merger II. In general, you should focus on analyzing Legato Stock price patterns and their correlations with different microeconomic environments and drivers.
Legato Merger Predictive Forecast Models
Legato Merger's time-series forecasting models is one of many Legato Merger's 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 Legato Merger'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 stock market movement and maximize returns from investment trading.
Things to note about Legato Merger II
Checking the ongoing alerts about Legato Merger for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legato Merger II help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Legato Merger II generated a negative expected return over the last 90 days | |
| Legato Merger II has high historical volatility and very poor performance | |
| Legato Merger II has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.16 B. Net Loss for the year was (18.71 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Legato Merger II currently holds about 520.84 K in cash with (10.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from globenewswire.com: Disposition of 9977 shares by Chad Nyce of Lincoln Educational at 16.5 subject to Rule 16b-3 |
Check out Legato Merger Backtesting, Legato Merger Valuation, Legato Merger Correlation, Legato Merger Hype Analysis, Legato Merger Volatility, Legato Merger History as well as Legato Merger Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legato Merger. If investors know Legato will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legato Merger listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Legato Merger II is measured differently than its book value, which is the value of Legato that is recorded on the company's balance sheet. Investors also form their own opinion of Legato Merger's value that differs from its market value or its book value, called intrinsic value, which is Legato Merger's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legato Merger's market value can be influenced by many factors that don't directly affect Legato Merger's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legato Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legato Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legato Merger's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.