Legends Business Beta vs. Current Valuation
| LGBS Stock | USD 0.0001 0.00 0.00% |
For Legends Business profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legends Business to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legends Business Grp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legends Business's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legends Business Grp over time as well as its relative position and ranking within its peers.
Legends |
Legends Business Grp Current Valuation vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Legends Business's current stock value. Our valuation model uses many indicators to compare Legends Business value to that of its competitors to determine the firm's financial worth. Legends Business Grp is rated below average in beta category among its peers. It is rated fifth overall in current valuation category among its peers reporting about 829,474 of Current Valuation per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Legends Business' earnings, one of the primary drivers of an investment's value.Legends Current Valuation vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Legends Business |
| = | 0.82 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Legends Business |
| = | 676.52 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Legends Current Valuation vs Competition
Legends Business Grp is rated fifth overall in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consulting Services industry is now estimated at about 90.13 Million. Legends Business maintains roughly 676,519 in current valuation contributing less than 1% to stocks in Consulting Services industry.
Beta Analysis
As returns on the market increase, Legends Business' returns are expected to increase less than the market. However, during the bear market, the loss of holding Legends Business is expected to be smaller as well.
Legends Business Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Legends Business, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legends Business will eventually generate negative long term returns. The profitability progress is the general direction of Legends Business' change in net profit over the period of time. It can combine multiple indicators of Legends Business, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Legends Business Group, Inc. focuses on manufacturing andor testing various battery charging products in the United States. Legends Business is traded on OTC Exchange in the United States.
Legends Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Legends Business. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Legends Business position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Legends Business' important profitability drivers and their relationship over time.
Use Legends Business in pair-trading
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 Legends Business 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 Legends Business will appreciate offsetting losses from the drop in the long position's value.Legends Business Pair Trading
Legends Business Grp Pair Trading Analysis
The ability to find closely correlated positions to Legends Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legends Business 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 Legends Business - 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 Legends Business Grp to buy it.
The correlation of Legends Business 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 Legends Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legends Business Grp 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 Legends Business 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.Use Investing Themes to Complement your Legends Business position
In addition to having Legends Business 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?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 39 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Legends Pink Sheet Analysis
When running Legends Business' price analysis, check to measure Legends Business' 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 Legends Business is operating at the current time. Most of Legends Business' value examination focuses on studying past and present price action to predict the probability of Legends Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legends Business' price. Additionally, you may evaluate how the addition of Legends Business to your portfolios can decrease your overall portfolio volatility.