Legend Biotechcorp Stock Price on May 25, 2023
| LEGN Stock | USD 47.12 1.71 3.50% |
If you're considering investing in Legend Stock, it is important to understand the factors that can impact its price. As of today, the current price of Legend BiotechCorp stands at 47.12, as last reported on the 19th of April, with the highest price reaching 48.97 and the lowest price hitting 47.09 during the day. Legend BiotechCorp has Sharpe Ratio of -0.0913, which conveys that the firm had a -0.0913% return per unit of risk over the last 3 months. Legend BiotechCorp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Legend BiotechCorp's Risk Adjusted Performance of (0.07), mean deviation of 2.03, and Standard Deviation of 2.68 to check out the risk estimate we provide.
At this time, Legend BiotechCorp's Total Stockholder Equity is very stable compared to the past year. As of the 19th of April 2024, Other Stockholder Equity is likely to grow to about 2.8 B, while Common Stock is likely to drop about 29.4 K. . At this time, Legend BiotechCorp's Price To Sales Ratio is very stable compared to the past year. As of the 19th of April 2024, Price Sales Ratio is likely to grow to 70.16, while Price Earnings Ratio is likely to drop (21.47). Legend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Legend |
Sharpe Ratio = -0.0913
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| Negative Returns | LEGN |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Legend BiotechCorp 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 Legend BiotechCorp by adding Legend BiotechCorp to a well-diversified portfolio.
Price Book 7.6929 | Enterprise Value Ebitda (18.09) | Price Sales 33.7611 | Shares Float 158.8 M | Wall Street Target Price 86.16 |
Legend BiotechCorp Valuation on May 25, 2023
It is possible to determine the worth of Legend BiotechCorp on a given historical date. On May 25, 2023 Legend was worth 65.08 at the beginning of the trading date compared to the closed value of 63.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legend BiotechCorp stock. Still, in general, we apply an absolute valuation method to find Legend BiotechCorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Legend BiotechCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legend BiotechCorp's related companies.
| Open | High | Low | Close | Volume | |
| 66.04 | 67.55 | 65.33 | 66.04 | 1,011,817 | |
05/25/2023 | 65.08 | 65.08 | 60.77 | 63.28 | 873,700 |
| 63.50 | 63.90 | 61.75 | 63.13 | 470,976 |
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Legend BiotechCorp Trading Date Momentum on May 25, 2023
| On May 26 2023 Legend BiotechCorp was traded for 63.13 at the closing time. The top price for the day was 63.90 and the lowest listed price was 61.75 . The trading volume for the day was 471 K. The trading history from May 26, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 0.58% . |
Legend BiotechCorp Fundamentals Correlations and Trends
By evaluating Legend BiotechCorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Legend BiotechCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Legend BiotechCorp Stock history
Legend BiotechCorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Legend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legend BiotechCorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Legend BiotechCorp stock prices may prove useful in developing a viable investing in Legend BiotechCorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 176.1 M | 151.5 M | |
| Net Loss | -401.7 M | -381.6 M |
Legend BiotechCorp Quarterly Net Working Capital |
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Legend BiotechCorp Stock Technical Analysis
Legend BiotechCorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Legend BiotechCorp Period Price Range
Low | May 25, 2023
| High |
65.08 | 63.28 |
Legend BiotechCorp April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Legend BiotechCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legend BiotechCorp shares will generate the highest return on investment. By undertsting and applying Legend BiotechCorp stock market strength indicators, traders can identify Legend BiotechCorp entry and exit signals to maximize returns
| Accumulation Distribution | 57861.82 | |||
| Daily Balance Of Power | (0.42) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 62.93 | |||
| Day Typical Price | 63.04 | |||
| Price Action Indicator | (0.54) | |||
| Period Momentum Indicator | (16.16) | |||
| Relative Strength Index | 13.63 |
Legend BiotechCorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legend BiotechCorp's price direction in advance. Along with the technical and fundamental analysis of Legend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legend to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.51) |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend BiotechCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Legend Stock, please use our How to Invest in Legend BiotechCorp guide.Note that the Legend BiotechCorp information on this page should be used as a complementary analysis to other Legend BiotechCorp'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Legend Stock analysis
When running Legend BiotechCorp's price analysis, check to measure Legend BiotechCorp'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 Legend BiotechCorp is operating at the current time. Most of Legend BiotechCorp's value examination focuses on studying past and present price action to predict the probability of Legend BiotechCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legend BiotechCorp's price. Additionally, you may evaluate how the addition of Legend BiotechCorp to your portfolios can decrease your overall portfolio volatility.
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Is Legend BiotechCorp'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 Legend BiotechCorp. If investors know Legend 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 Legend BiotechCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.94) | Revenue Per Share 1.619 | Quarterly Revenue Growth 1.876 | Return On Assets (0.17) | Return On Equity (0.52) |
The market value of Legend BiotechCorp is measured differently than its book value, which is the value of Legend that is recorded on the company's balance sheet. Investors also form their own opinion of Legend BiotechCorp's value that differs from its market value or its book value, called intrinsic value, which is Legend BiotechCorp'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 Legend BiotechCorp's market value can be influenced by many factors that don't directly affect Legend BiotechCorp'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 Legend BiotechCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legend BiotechCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legend BiotechCorp'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.