Legato Merger Corp Stock Market Value
| LEGT Stock | 10.28 0.01 0.1% |
| Symbol | Legato |
Legato Merger Corp Company Valuation
Is Multi-Sector Holdings 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 Corp 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.
Legato Merger 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Legato Merger's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Legato Merger.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Legato Merger on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Legato Merger Corp or generate 0.0% return on investment in Legato Merger over 720 days. Legato Merger is related to or competes with Patria Latin, ABIVAX Société, Pinnacle Sherman, Morningstar Unconstrained, SPACE, Knife River, and Capital Income. Legato Merger is entity of United States More
Legato Merger Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Legato Merger's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Legato Merger Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1156 | |||
| Information Ratio | (1.50) | |||
| Maximum Drawdown | 0.2945 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.0983 |
Legato Merger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legato Merger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Legato Merger's standard deviation. In reality, there are many statistical measures that can use Legato Merger historical prices to predict the future Legato Merger's volatility.| Risk Adjusted Performance | 0.058 | |||
| Jensen Alpha | 0.005 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.00) | |||
| Treynor Ratio | (2.85) |
Legato Merger Corp Backtested Returns
Currently, Legato Merger Corp is very steady. Legato Merger Corp has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Legato Merger, which you can use to evaluate the volatility of the firm. Please verify Legato Merger's Risk Adjusted Performance of 0.058, coefficient of variation of 519.74, and Mean Deviation of 0.0567 to check out if the risk estimate we provide is consistent with the expected return of 0.014%. Legato Merger has a performance score of 14 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0017, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Legato Merger are expected to decrease at a much lower rate. During the bear market, Legato Merger is likely to outperform the market. Legato Merger Corp right now secures a risk of 0.0782%. Please verify Legato Merger Corp downside variance, and the relationship between the sortino ratio and daily balance of power , to decide if Legato Merger Corp will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
Legato Merger Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Legato Merger time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Legato Merger Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Legato Merger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Legato Merger Corp lagged returns against current returns
Autocorrelation, which is Legato Merger stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Legato Merger's stock expected returns. We can calculate the autocorrelation of Legato Merger returns to help us make a trade decision. For example, suppose you find that Legato Merger has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Legato Merger regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Legato Merger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Legato Merger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Legato Merger stock over time.
Current vs Lagged Prices |
| Timeline |
Legato Merger Lagged Returns
When evaluating Legato Merger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Legato Merger stock have on its future price. Legato Merger autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Legato Merger autocorrelation shows the relationship between Legato Merger stock current value and its past values and can show if there is a momentum factor associated with investing in Legato Merger Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Legato Stock Analysis
When running Legato Merger's price analysis, check to measure Legato Merger'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 Legato Merger is operating at the current time. Most of Legato Merger's value examination focuses on studying past and present price action to predict the probability of Legato Merger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legato Merger's price. Additionally, you may evaluate how the addition of Legato Merger to your portfolios can decrease your overall portfolio volatility.