Legato Merger Ii Stock Price on December 5, 2024
| LGTO Stock | USD 3.36 0.04 1.18% |
If you're considering investing in Legato Stock, it is important to understand the factors that can impact its price. As of today, the current price of Legato Merger stands at 3.36, as last reported on the 11th of December 2024, with the highest price reaching 3.43 and the lowest price hitting 3.19 during the day. Legato Merger is very risky given 3 months investment horizon. Legato Merger II 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. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.88% are justified by taking the suggested risk. Use Legato Merger II Standard Deviation of 5.81, mean deviation of 3.83, and Risk Adjusted Performance of 0.006 to evaluate company specific risk that cannot be diversified away.
At this time, Legato Merger's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.2 B, while Common Stock Shares Outstanding is likely to drop about 33.2 M. . At this time, Legato Merger's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Book Value Ratio is likely to grow to 1.35, though Price Earnings Ratio is likely to grow to (11.99). Legato Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Legato |
Sharpe Ratio = 0.1177
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Estimated Market Risk
| 15.97 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.88 actual daily | 37 63% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Legato Merger is performing at about 9% of its full potential. 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 Legato Merger by adding it to a well-diversified portfolio.
Book Value (0.25) | Enterprise Value 363.3 M | Shares Float 27.8 M | Shares Outstanding 35.9 M | Market Capitalization 321 M |
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Legato Merger Valuation on December 5, 2024
It is possible to determine the worth of Legato Merger on a given historical date. On December 5, 2024 Legato was worth 3.14 at the beginning of the trading date compared to the closed value of 3.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legato Merger stock. Still, in general, we apply an absolute valuation method to find Legato Merger'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 Legato Merger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legato Merger's related companies.
| Open | High | Low | Close | Volume | |
| 3.47 | 3.54 | 2.94 | 3.14 | 104,504 | |
12/05/2024 | 3.14 | 3.30 | 2.98 | 3.27 | 32,913 |
| 3.24 | 3.48 | 3.22 | 3.45 | 89,180 |
| Backtest Legato Merger | | | Legato Merger History | | | Legato Merger Valuation | Previous | Next |
Legato Merger Trading Date Momentum on December 5, 2024
| On December 06 2024 Legato Merger II was traded for 3.45 at the closing time. The top price for the day was 3.48 and the lowest listed price was 3.22 . The trading volume for the day was 89.2 K. The trading history from December 6, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 5.50% . The trading delta at closing time against the current closing price is 4.89% . |
Legato Merger II Fundamentals Correlations and Trends
By evaluating Legato Merger'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 Legato Merger's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legato financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Legato Merger Stock history
Legato Merger 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 Legato is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legato Merger II 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 Legato Merger stock prices may prove useful in developing a viable investing in Legato Merger
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.1 M | 33.2 M | |
| Net Income Applicable To Common Shares | 2.2 M | 2.3 M |
Legato Merger Stock Technical Analysis
Legato Merger 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
Legato Merger Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Legato Merger December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Legato Merger stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legato Merger shares will generate the highest return on investment. By undertsting and applying Legato Merger stock market strength indicators, traders can identify Legato Merger II entry and exit signals to maximize returns
Legato Merger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legato Merger's price direction in advance. Along with the technical and fundamental analysis of Legato Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legato 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 | 0.006 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.07) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legato Merger II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.