Legalzoom Stock Probability of Future Stock Price Finishing Over 8.59

LZ Stock  USD 8.59  0.16  1.83%   
LegalZoom's implied volatility is one of the determining factors in the pricing options written on LegalZoom. Implied volatility approximates the future value of LegalZoom based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in LegalZoom over a specific time period. For example, 2024-06-21 CALL at $9.0 is a CALL option contract on LegalZoom's common stock with a strick price of 9.0 expiring on 2024-06-21. The contract was last traded on 2024-05-20 at 13:05:03 for $0.35 and, as of today, has 31 days remaining before the expiration. The option is currently trading at a bid price of $0.25, and an ask price of $0.35. The implied volatility as of the 21st of May is 43.39. View All LegalZoom options

Closest to current price LegalZoom long CALL Option Payoff at Expiration

LegalZoom's future price is the expected price of LegalZoom instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of LegalZoom performance during a given time horizon utilizing its historical volatility. Check out LegalZoom Backtesting, LegalZoom Valuation, LegalZoom Correlation, LegalZoom Hype Analysis, LegalZoom Volatility, LegalZoom History as well as LegalZoom Performance.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.
  
At this time, LegalZoom's Price Book Value Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 24.37 in 2024, whereas Price To Sales Ratio is likely to drop 3.09 in 2024. Please specify LegalZoom's target price for which you would like LegalZoom odds to be computed.

LegalZoom Target Price Odds to finish over 8.59

The tendency of LegalZoom 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 8.59 90 days 8.59 
close to 99
Based on a normal probability distribution, the odds of LegalZoom to move above the current price in 90 days from now is close to 99 (This LegalZoom probability density function shows the probability of LegalZoom Stock to fall within a particular range of prices over 90 days) .
Allowing for the 90-day total investment horizon LegalZoom has a beta of -0.41. This indicates as returns on the benchmark increase, returns on holding LegalZoom are expected to decrease at a much lower rate. During a bear market, however, LegalZoom is likely to outperform the market. Additionally LegalZoom has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
   LegalZoom Price Density   
       Price  

Predictive Modules for LegalZoom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LegalZoom. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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 LegalZoom'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.
Hype
Prediction
LowEstimatedHigh
4.608.6112.62
Details
Intrinsic
Valuation
LowRealHigh
6.0010.0114.02
Details
8 Analysts
Consensus
LowTargetHigh
13.3014.6116.22
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.080.100.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LegalZoom. Your research has to be compared to or analyzed against LegalZoom's peers to derive any actionable benefits. When done correctly, LegalZoom's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LegalZoom.

LegalZoom Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. LegalZoom is not an exception. The market had few large corrections towards the LegalZoom'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 LegalZoom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LegalZoom within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.14
β
Beta against NYSE Composite-0.41
σ
Overall volatility
1.33
Ir
Information ratio -0.06

LegalZoom 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 LegalZoom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LegalZoom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
LegalZoom generated a negative expected return over the last 90 days
LegalZoom has high historical volatility and very poor performance
LegalZoom has a strong financial position based on the latest SEC filings
Over 88.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Insider Sale CFO Noel Watson Sells 25,000 Shares of LegalZoom.com Inc

LegalZoom 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 LegalZoom Stock often depends not only on the future outlook of the current and potential LegalZoom'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. LegalZoom's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding194.4 M
Cash And Short Term Investments225.7 M

LegalZoom Technical Analysis

LegalZoom's future price can be derived by breaking down and analyzing its technical indicators over time. LegalZoom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LegalZoom. In general, you should focus on analyzing LegalZoom Stock price patterns and their correlations with different microeconomic environments and drivers.

LegalZoom Predictive Forecast Models

LegalZoom's time-series forecasting models is one of many LegalZoom's 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 LegalZoom'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 stock market movement and maximize returns from investment trading.

Things to note about LegalZoom

Checking the ongoing alerts about LegalZoom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LegalZoom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
LegalZoom generated a negative expected return over the last 90 days
LegalZoom has high historical volatility and very poor performance
LegalZoom has a strong financial position based on the latest SEC filings
Over 88.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Insider Sale CFO Noel Watson Sells 25,000 Shares of LegalZoom.com Inc
When determining whether LegalZoom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LegalZoom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legalzoom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legalzoom Stock:
Check out LegalZoom Backtesting, LegalZoom Valuation, LegalZoom Correlation, LegalZoom Hype Analysis, LegalZoom Volatility, LegalZoom History as well as LegalZoom Performance.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.
Note that the LegalZoom information on this page should be used as a complementary analysis to other LegalZoom'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running LegalZoom's price analysis, check to measure LegalZoom'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 LegalZoom is operating at the current time. Most of LegalZoom's value examination focuses on studying past and present price action to predict the probability of LegalZoom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LegalZoom's price. Additionally, you may evaluate how the addition of LegalZoom to your portfolios can decrease your overall portfolio volatility.
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Is LegalZoom's industry 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 LegalZoom. If investors know LegalZoom 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 LegalZoom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.327
Earnings Share
0.1
Revenue Per Share
3.525
Quarterly Revenue Growth
0.05
Return On Assets
0.043
The market value of LegalZoom is measured differently than its book value, which is the value of LegalZoom that is recorded on the company's balance sheet. Investors also form their own opinion of LegalZoom's value that differs from its market value or its book value, called intrinsic value, which is LegalZoom'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 LegalZoom's market value can be influenced by many factors that don't directly affect LegalZoom'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 LegalZoom's value and its price as these two are different measures arrived at by different means. Investors typically determine if LegalZoom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LegalZoom'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.