Legend Biotech Corp Stock Price on December 31, 2022
| LEGN Stock | USD 42.69 1.75 4.27% |
Below is the normalized historical share price chart for Legend Biotech Corp extending back to June 05, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Legend Biotech stands at 42.69, as last reported on the 26th of November, with the highest price reaching 43.26 and the lowest price hitting 41.10 during the day.
If you're considering investing in Legend Stock, it is important to understand the factors that can impact its price. Legend Biotech Corp has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Legend Biotech exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Legend Biotech's Mean Deviation of 2.28, standard deviation of 3.15, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide.
At this time, Legend Biotech's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Other Stockholder Equity is likely to grow to about 2.8 B, while Common Stock Shares Outstanding is likely to drop about 150.6 M. . As of the 26th of November 2024, Price To Sales Ratio is likely to drop to 35.30. In addition to that, Price Earnings Ratio is likely to drop to -21.47. Legend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of June 2020 | 200 Day MA 50.7193 | 50 Day MA 44.9237 | Beta 0.114 |
Legend |
Sharpe Ratio = -0.1207
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| Negative Returns | LEGN |
Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Legend Biotech is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Legend Biotech by adding Legend Biotech to a well-diversified portfolio.
Price Book 6.7292 | Enterprise Value Ebitda (15.34) | Price Sales 14.4381 | Shares Float 162.8 M | Wall Street Target Price 82.5485 |
Legend Biotech Valuation on December 31, 2022
It is possible to determine the worth of Legend Biotech on a given historical date. On December 31, 2022 Legend was worth 49.57 at the beginning of the trading date compared to the closed value of 49.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legend Biotech stock. Still, in general, we apply an absolute valuation method to find Legend Biotech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Legend Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legend Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 48.29 | 50.32 | 47.54 | 49.69 | 302,722 | |
12/30/2022 | 49.57 | 49.98 | 48.85 | 49.92 | 328,980 |
| 50.06 | 51.11 | 47.94 | 48.70 | 455,959 |
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Legend Biotech Trading Date Momentum on December 31, 2022
| On January 03 2023 Legend Biotech Corp was traded for 48.70 at the closing time. The top price for the day was 51.11 and the lowest listed price was 47.94 . The trading volume for the day was 456 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.44% . The trading delta at closing time against the current closing price is 0.44% . |
Legend Biotech Corp Fundamentals Correlations and Trends
By evaluating Legend Biotech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Legend Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Legend Biotech Stock history
Legend Biotech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Legend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legend Biotech Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Legend Biotech stock prices may prove useful in developing a viable investing in Legend Biotech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 176.1 M | 150.6 M | |
| Net Loss | -401.7 M | -381.6 M |
Legend Biotech Quarterly Net Working Capital |
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Legend Biotech Stock Technical Analysis
Legend Biotech technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Legend Biotech Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Legend Biotech Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Legend Biotech November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Legend Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legend Biotech shares will generate the highest return on investment. By undertsting and applying Legend Biotech stock market strength indicators, traders can identify Legend Biotech Corp entry and exit signals to maximize returns
Legend Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legend Biotech's price direction in advance. Along with the technical and fundamental analysis of Legend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legend to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (0.74) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend Biotech Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Biotechnology 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 Legend Biotech. If investors know Legend 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 Legend Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.92) | Revenue Per Share 2.851 | Quarterly Revenue Growth 0.669 | Return On Assets (0.12) | Return On Equity (0.28) |
The market value of Legend Biotech Corp is measured differently than its book value, which is the value of Legend that is recorded on the company's balance sheet. Investors also form their own opinion of Legend Biotech's value that differs from its market value or its book value, called intrinsic value, which is Legend Biotech'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 Legend Biotech's market value can be influenced by many factors that don't directly affect Legend Biotech'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 Legend Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legend Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legend Biotech'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.