Legacy Ventures International Stock Performance
| LGYV Stock | USD 2.00 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Legacy Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Legacy Ventures is expected to be smaller as well. Legacy Ventures Inte has an expected return of -0.36%. Please make sure to verify Legacy Ventures International coefficient of variation and skewness , to decide if Legacy Ventures Inte performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Legacy Ventures International has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in May 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 22.8 K | |
| Free Cash Flow | -93.2 K |
Legacy |
Legacy Ventures Relative Risk vs. Return Landscape
If you would invest 256.00 in Legacy Ventures International on January 25, 2024 and sell it today you would lose (56.00) from holding Legacy Ventures International or give up 21.87% of portfolio value over 90 days. Legacy Ventures International is currently does not generate positive expected returns and assumes 2.2973% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of pink sheets are less volatile than Legacy, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Legacy Ventures Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legacy Ventures' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Legacy Ventures International, and traders can use it to determine the average amount a Legacy Ventures' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1574
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| Negative Returns | LGYV |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Legacy Ventures 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 Legacy Ventures by adding Legacy Ventures to a well-diversified portfolio.
Legacy Ventures Fundamentals Growth
Legacy Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Legacy Ventures, and Legacy Ventures fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Legacy Pink Sheet performance.
| Return On Asset | -1.56 | |||
| Current Valuation | 251.74 M | |||
| Shares Outstanding | 50.32 M | |||
| Price To Earning | 8.80 X | |||
| EBITDA | 320.83 K | |||
| Cash And Equivalents | 22.78 K | |||
| Cash Per Share | 0.07 X | |||
| Total Debt | 185 K | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (93.24 K) | |||
| Earnings Per Share | 0.50 X | |||
| Total Asset | 21.02 K | |||
| Retained Earnings | (3.88 M) | |||
| Current Asset | 371 K | |||
| Current Liabilities | 458 K | |||
About Legacy Ventures Performance
To evaluate Legacy Ventures Inte Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Legacy Ventures generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Legacy Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Legacy Ventures Inte market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Legacy's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Legacy Ventures International, Inc. does not have significant operations. The company was incorporated in 2014 and is based in Markham, Canada. Legacy Ventures is traded on OTC Exchange in the United States.Things to note about Legacy Ventures Inte performance evaluation
Checking the ongoing alerts about Legacy Ventures for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Legacy Ventures Inte help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Legacy Ventures Inte generated a negative expected return over the last 90 days | |
| The company currently holds 185 K in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Legacy Ventures Inte has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legacy Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Legacy Ventures' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Legacy Ventures Inte sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legacy to invest in growth at high rates of return. When we think about Legacy Ventures' use of debt, we should always consider it together with cash and equity. | |
| Legacy Ventures International currently holds about 22.78 K in cash with (93.24 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Roughly 98.0% of Legacy Ventures outstanding shares are owned by corporate insiders |
- Analyzing Legacy Ventures' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Legacy Ventures' stock is overvalued or undervalued compared to its peers.
- Examining Legacy Ventures' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Legacy Ventures' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Legacy Ventures' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Legacy Ventures' pink sheet. These opinions can provide insight into Legacy Ventures' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Ventures International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Legacy Pink Sheet analysis
When running Legacy Ventures' price analysis, check to measure Legacy Ventures' 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 Legacy Ventures is operating at the current time. Most of Legacy Ventures' value examination focuses on studying past and present price action to predict the probability of Legacy Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Ventures' price. Additionally, you may evaluate how the addition of Legacy Ventures to your portfolios can decrease your overall portfolio volatility.
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