Legacy Education Alliance Stock Probability of Future OTC Stock Price Finishing Over 0.15
LEAI Stock | USD 0.15 0.01 7.14% |
Legacy |
Legacy Education Target Price Odds to finish over 0.15
The tendency of Legacy OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
0.15 | 90 days | 0.15 | about 50.0 |
Based on a normal probability distribution, the odds of Legacy Education to move above the current price in 90 days from now is about 50.0 (This Legacy Education Alliance probability density function shows the probability of Legacy OTC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Legacy Education Alliance has a beta of -1.02. This indicates Additionally Legacy Education Alliance has an alpha of 0.3145, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Legacy Education Price Density |
Price |
Predictive Modules for Legacy Education
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legacy Education Alliance. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Legacy Education's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Legacy Education Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Legacy Education is not an exception. The market had few large corrections towards the Legacy Education's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Legacy Education Alliance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legacy Education within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.31 | |
β | Beta against NYSE Composite | -1.02 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
Legacy Education Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Legacy Education for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legacy Education Alliance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Legacy Education had very high historical volatility over the last 90 days | |
Legacy Education has some characteristics of a very speculative penny stock | |
Legacy Education has high likelihood to experience some financial distress in the next 2 years | |
The company currently holds 1.93 M in liabilities. Legacy Education Alliance has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legacy Education until it has trouble settling it off, either with new capital or with free cash flow. So, Legacy Education's 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 Education Alliance 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 Education's use of debt, we should always consider it together with cash and equity. | |
The entity reported the previous year's revenue of 7.71 M. Net Loss for the year was (566 K) with profit before overhead, payroll, taxes, and interest of 5.42 M. | |
Legacy Education Alliance currently holds about 20 K in cash with (4.83 M) of positive cash flow from operations. | |
Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Legacy Education Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Legacy OTC Stock often depends not only on the future outlook of the current and potential Legacy Education's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Legacy Education's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 33.9 M |
Legacy Education Technical Analysis
Legacy Education's future price can be derived by breaking down and analyzing its technical indicators over time. Legacy OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legacy Education Alliance. In general, you should focus on analyzing Legacy OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Legacy Education Predictive Forecast Models
Legacy Education's time-series forecasting models is one of many Legacy Education's otc stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Legacy Education's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the otc stock market movement and maximize returns from investment trading.
Things to note about Legacy Education Alliance
Checking the ongoing alerts about Legacy Education for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legacy Education Alliance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Legacy Education had very high historical volatility over the last 90 days | |
Legacy Education has some characteristics of a very speculative penny stock | |
Legacy Education has high likelihood to experience some financial distress in the next 2 years | |
The company currently holds 1.93 M in liabilities. Legacy Education Alliance has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Legacy Education until it has trouble settling it off, either with new capital or with free cash flow. So, Legacy Education's 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 Education Alliance 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 Education's use of debt, we should always consider it together with cash and equity. | |
The entity reported the previous year's revenue of 7.71 M. Net Loss for the year was (566 K) with profit before overhead, payroll, taxes, and interest of 5.42 M. | |
Legacy Education Alliance currently holds about 20 K in cash with (4.83 M) of positive cash flow from operations. | |
Roughly 59.0% of the company outstanding shares are owned by corporate insiders |
Check out Legacy Education Backtesting, Legacy Education Valuation, Legacy Education Correlation, Legacy Education Hype Analysis, Legacy Education Volatility, Legacy Education History as well as Legacy Education Performance. Note that the Legacy Education Alliance information on this page should be used as a complementary analysis to other Legacy Education's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Legacy OTC Stock analysis
When running Legacy Education's price analysis, check to measure Legacy Education'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 Legacy Education is operating at the current time. Most of Legacy Education's value examination focuses on studying past and present price action to predict the probability of Legacy Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Education's price. Additionally, you may evaluate how the addition of Legacy Education to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |