Legacy Iron (Australia) Buy Hold or Sell Recommendation
| LCY Stock | 0.01 0 20.63% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Legacy Iron Ore is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Legacy Iron Ore given historical horizon and risk tolerance towards Legacy Iron. When Macroaxis issues a 'buy' or 'sell' recommendation for Legacy Iron Ore, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Legacy Iron Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Legacy and provide practical buy, sell, or hold advice based on investors' constraints. Legacy Iron Ore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Legacy |
Execute Legacy Iron Buy or Sell Advice
The Legacy recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Legacy Iron Ore. Macroaxis does not own or have any residual interests in Legacy Iron Ore or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Legacy Iron's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Legacy Iron Trading Alerts and Improvement Suggestions
| Legacy Iron Ore generated a negative expected return over the last 90 days | |
| Legacy Iron Ore has some characteristics of a very speculative penny stock | |
| Legacy Iron Ore has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.08 M. Net Loss for the year was (9.59 M) with profit before overhead, payroll, taxes, and interest of 3.71 M. | |
| Legacy Iron Ore has accumulated about 490.83 K in cash with (9.95 M) of positive cash flow from operations. | |
| Roughly 95.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Legacy Iron Ore Announces Major Share Issue - TipRanks |
Legacy Iron Returns Distribution Density
The distribution of Legacy Iron's historical returns is an attempt to chart the uncertainty of Legacy Iron's future price movements. The chart of the probability distribution of Legacy Iron daily returns describes the distribution of returns around its average expected value. We use Legacy Iron Ore price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Legacy Iron returns is essential to provide solid investment advice for Legacy Iron.
| Mean Return | -0.14 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 2.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Legacy Iron historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Legacy Iron Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 798.4K | 2.2M | 2.4M | 1.4M | 3.5M | 1.9M | |
| End Period Cash Flow | 9.2M | 9.7M | 490.8K | 2.7M | 11.4M | 11.9M | |
| Change In Cash | 7.8M | 493.6K | (9.2M) | 2.2M | 8.6M | 9.1M | |
| Free Cash Flow | (1.8M) | (2.8M) | (2.3M) | 579.5K | (13.5M) | (12.8M) | |
| Depreciation | 24.9K | 51.8K | 82.5K | 61.2K | 52.6K | 50.0K | |
| Other Non Cash Items | 163.7K | (1.0) | 958.7K | 26.7K | 208.7K | 198.2K | |
| Net Income | (895.5K) | (693.1K) | (1.0M) | 2.0M | (9.6M) | (9.1M) | |
| Investments | 69.5K | 352.5K | (5.9M) | 3.8M | 1.8M | 1.9M |
Legacy Iron Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Legacy Iron or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Legacy Iron's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Legacy stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 2.80 | |
Ir | Information ratio | -0.12 |
Legacy Iron Volatility Alert
Legacy Iron Ore exhibits very low volatility with skewness of -3.96 and kurtosis of 37.53. Legacy Iron Ore is a penny stock. Although Legacy Iron may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Legacy Iron Ore. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Legacy instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Legacy Iron Fundamentals Vs Peers
Comparing Legacy Iron's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Legacy Iron's direct or indirect competition across all of the common fundamentals between Legacy Iron and the related equities. This way, we can detect undervalued stocks with similar characteristics as Legacy Iron or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Legacy Iron's fundamental indicators could also be used in its relative valuation, which is a method of valuing Legacy Iron by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Legacy Iron to competition |
| Fundamentals | Legacy Iron | Peer Average |
| Return On Equity | -1.24 | -0.31 |
| Return On Asset | -0.52 | -0.14 |
| Profit Margin | (0.97) % | (1.27) % |
| Operating Margin | (0.56) % | (5.51) % |
| Current Valuation | 97.46 M | 16.62 B |
| Shares Outstanding | 9.73 B | 571.82 M |
| Shares Owned By Insiders | 95.39 % | 10.09 % |
| Price To Book | 6.80 X | 9.51 X |
| Price To Sales | 3.71 X | 11.42 X |
| Revenue | 2.08 M | 9.43 B |
| Gross Profit | 3.71 M | 27.38 B |
| EBITDA | (9.53 M) | 3.9 B |
| Net Income | (9.59 M) | 570.98 M |
| Cash And Equivalents | 490.83 K | 2.7 B |
| Total Debt | 49.77 K | 5.32 B |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (9.95 M) | 971.22 M |
| Beta | 1.11 | -0.15 |
| Market Capitalization | 107 M | 19.03 B |
| Total Asset | 47.22 M | 29.47 B |
| Retained Earnings | (68.8 M) | 9.33 B |
| Working Capital | 15.21 M | 1.48 B |
| Net Asset | 47.22 M |
Legacy Iron Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Legacy . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1.7 M | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.79 | |||
| Day Median Price | 0.011 | |||
| Day Typical Price | 0.0107 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) |
About Legacy Iron Buy or Sell Advice
When is the right time to buy or sell Legacy Iron Ore? Buying financial instruments such as Legacy Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Legacy Iron in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Additional Tools for Legacy Stock Analysis
When running Legacy Iron's price analysis, check to measure Legacy Iron'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 Legacy Iron is operating at the current time. Most of Legacy Iron's value examination focuses on studying past and present price action to predict the probability of Legacy Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Iron's price. Additionally, you may evaluate how the addition of Legacy Iron to your portfolios can decrease your overall portfolio volatility.