Legal General (UK) Today
| LGEN Stock | 252.80 1.90 0.75% |
Performance14 of 100
| Odds Of DistressLess than 9
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Legal General is selling for under 252.80 as of the 19th of May 2024; that is -0.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 249.0. Legal General has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Legal General Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of May 2024. Click here to learn more.
Business Domain Insurance | Category Financial Services | Classification Financials |
Legal General is entity of United Kingdom. It is traded as Stock on LSE exchange. The company has 5.98 B outstanding shares. More on Legal General Group
Moving together with Legal Stock
| 0.68 | HKLB | Hong Kong Land | PairCorr |
Moving against Legal Stock
| 0.54 | CRS | Crystal Amber | PairCorr |
Legal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Legal General's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Legal General or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Legal General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Legal General's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Business Concentration | Life & Health Insurance, Asset Management, Financial Services, Financials, Insurance, Asset Management, Financial Services (View all Sectors) | ||||
Legal General's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Legal General's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Legal General's financial leverage. It provides some insight into what part of Legal General's total assets is financed by creditors.
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Legal General Group (LGEN) is traded on London Exchange in UK and employs 11,956 people. Legal General is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Legal General's market, we take the total number of its shares issued and multiply it by Legal General's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Legal General Group operates under Insurance sector and is part of Financials industry. The entity has 5.98 B outstanding shares.
Legal General generates negative cash flow from operations
Check Legal General Probability Of Bankruptcy
Ownership AllocationLegal General Group holds a total of 5.98 Billion outstanding shares. 30% of Legal General outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Legal Ownership Details
Legal Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Legal General jumping above the current price in 90 days from now is near 1%. The Legal General Group probability density function shows the probability of Legal General stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Legal General has a beta of 0.3977. This indicates as returns on the market go up, Legal General average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legal General Group will be expected to be much smaller as well. Additionally, legal General Group has an alpha of 0.1902, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Legal General to move above the current price in 90 days from now is near 1 (This Legal General Group probability density function shows the probability of Legal Stock to fall within a particular range of prices over 90 days) .
Legal General Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Legal General market risk premium is the additional return an investor will receive from holding Legal General long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Legal General. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Legal General's alpha and beta are two of the key measurements used to evaluate Legal General's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8731 | |||
| Semi Deviation | 0.667 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 |
Legal Stock Against Markets
Picking the right benchmark for Legal General stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Legal General stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Legal General is critical whether you are bullish or bearish towards Legal General Group at a given time. Please also check how Legal General's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Legal General without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Legal General Corporate Management
Elected by the shareholders, the Legal General's board of directors comprises two types of representatives: Legal General inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Legal. The board's role is to monitor Legal General's management team and ensure that shareholders' interests are well served. Legal General's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Legal General's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew Fairhurst | Head Secretariat | Profile | |
| Robert BarnardSmith | Head LGIM | Profile | |
| Sharon Niebergall | Distribution Management | Profile | |
| Ted Hart | Head Policy | Profile | |
| Katrina McMillan | Head LGIM | Profile | |
| Craig Brown | Chief Finance | Profile | |
| Emma HardakerJones | Group Director | Profile |
How to buy Legal Stock?
Before investing in Legal General, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Legal General. To buy Legal General stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Legal General. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Legal General stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Legal General Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Legal General Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Legal General Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Legal General Group?
The danger of trading Legal General Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Legal General is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Legal General. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Legal General Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legal General Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Legal Stock analysis
When running Legal General's price analysis, check to measure Legal General'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 Legal General is operating at the current time. Most of Legal General's value examination focuses on studying past and present price action to predict the probability of Legal General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legal General's price. Additionally, you may evaluate how the addition of Legal General to your portfolios can decrease your overall portfolio volatility.
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