Legence Corp Class Stock Price Prediction
| LGN Stock | 49.77 1.11 2.28% |
Momentum 50
Impartial
Oversold | Overbought |
EPS Estimate Current Year 0.0512 | EPS Estimate Next Year 1.2879 | Wall Street Target Price 49.18 | Quarterly Revenue Growth 0.262 |
Using Legence Corp hype-based prediction, you can estimate the value of Legence Corp Class from the perspective of Legence Corp response to recently generated media hype and the effects of current headlines on its competitors.
Legence Corp Class Hype to Price Pattern
Investor biases related to Legence Corp's public news can be used to forecast risks associated with an investment in Legence. The trend in average sentiment can be used to explain how an investor holding Legence can time the market purely based on public headlines and social activities around Legence Corp Class. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Legence Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Legence Corp.
The fear of missing out, i.e., FOMO, can cause potential investors in Legence Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Legence because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Legence Corp after-hype prediction price | USD 49.77 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Legence Corp Basic Forecasting Models to cross-verify your projections. Legence Corp After-Hype Price Prediction Density Analysis
As far as predicting the price of Legence Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Legence Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Legence Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Legence Corp Estimiated After-Hype Price Volatility
In the context of predicting Legence Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Legence Corp's historical news coverage. Legence Corp's after-hype downside and upside margins for the prediction period are 44.78 and 54.76, respectively. We have considered Legence Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Legence Corp is very steady at this time. Analysis and calculation of next after-hype price of Legence Corp Class is based on 3 months time horizon.
Legence Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Legence Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Legence Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Legence Corp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.60 | 4.95 | 0.44 | 0.05 | 10 Events / Month | 7 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
49.77 | 49.77 | 0.00 |
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Legence Corp Hype Timeline
On the 25th of January Legence Corp Class is traded for 49.77. The entity has historical hype elasticity of 0.44, and average elasticity to hype of competition of -0.05. Legence is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.6%. %. The volatility of related hype on Legence Corp is about 6036.59%, with the expected price after the next announcement by competition of 49.72. About 100.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.13. Legence Corp Class had not issued any dividends in recent years. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out Legence Corp Basic Forecasting Models to cross-verify your projections.Legence Corp Related Hype Analysis
Having access to credible news sources related to Legence Corp's direct competition is more important than ever and may enhance your ability to predict Legence Corp's future price movements. Getting to know how Legence Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Legence Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HLMN | Hillman Solutions Corp | 0.86 | 25 per month | 1.60 | (0.02) | 4.59 | (2.80) | 9.24 | |
| WLDN | Willdan Group | 0.42 | 3 per month | 2.73 | 0.11 | 5.41 | (4.25) | 15.53 | |
| LZ | LegalZoom | (0.05) | 1 per month | 0.00 | (0.12) | 3.71 | (3.42) | 15.50 | |
| VVX | V2X Inc | (1.42) | 9 per month | 1.56 | 0.1 | 3.81 | (2.23) | 9.98 | |
| ROCK | Gibraltar Industries | (0.04) | 16 per month | 0.00 | (0.12) | 5.44 | (6.50) | 25.75 | |
| PBI | Pitney Bowes | 0.13 | 10 per month | 0.00 | (0.09) | 2.65 | (2.96) | 13.11 | |
| NSP | Insperity | 0.37 | 17 per month | 3.86 | (0) | 4.91 | (3.13) | 20.54 | |
| MVST | Microvast Holdings | (0.08) | 8 per month | 0.00 | (0.23) | 6.02 | (8.87) | 18.37 | |
| SCS | Steelcase | (0.18) | 5 per month | 0.00 | (0.16) | 1.68 | (1.45) | 6.67 | |
| AMRC | Ameresco | (0.83) | 8 per month | 0.00 | (0.12) | 4.15 | (6.06) | 16.41 |
Legence Corp Additional Predictive Modules
Most predictive techniques to examine Legence price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Legence using various technical indicators. When you analyze Legence charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Legence Corp Predictive Indicators
The successful prediction of Legence Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Legence Corp Class, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Legence Corp based on analysis of Legence Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Legence Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Legence Corp's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 4.92E-4 | 0.0971 | 0.0874 | 0.0918 | Price To Sales Ratio | 1.92 | 1.48 | 1.7 | 2.16 |
Pair Trading with Legence Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Legence Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Legence Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Legence Stock
Moving against Legence Stock
| 0.66 | NDEKY | Nitto Denko Corp Earnings Call Tomorrow | PairCorr |
| 0.39 | UAMY | United States Antimony Trending | PairCorr |
The ability to find closely correlated positions to Legence Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legence Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Legence Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Legence Corp Class to buy it.
The correlation of Legence Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Legence Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legence Corp Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Legence Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Legence Corp Basic Forecasting Models to cross-verify your projections. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Engineering & Construction 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 Legence Corp. If investors know Legence 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 Legence Corp 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 Legence Corp Class is measured differently than its book value, which is the value of Legence that is recorded on the company's balance sheet. Investors also form their own opinion of Legence Corp's value that differs from its market value or its book value, called intrinsic value, which is Legence Corp'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 Legence Corp's market value can be influenced by many factors that don't directly affect Legence Corp'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 Legence Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legence Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legence Corp'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.