Legend Stock Price on December 31, 2022

LEGN Stock  USD 67.62  1.29  1.87%   
If you're considering investing in Legend Stock, it is important to understand the factors that can impact its stock price. As of today, the current price of Legend BiotechCorp is 67.62, as last reported on the 10th of June, with the highest price reaching 69.23 and the lowest price hitting 67.62 during the day.
Legend BiotechCorp appears to be very steady, given 3 months investment horizon. Legend BiotechCorp has Sharpe Ratio of 0.19, which conveys that the firm had 0.19% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Legend BiotechCorp technical indicators you can presently evaluate if the expected return of 0.7% is justified by implied risk. Please exercise Legend BiotechCorp's Downside Deviation of 2.11, mean deviation of 2.42, and Risk Adjusted Performance of 0.1697 to check out if our risk estimates are consistent with your expectations.
  
As of 10th of June 2023, Net Income Common Stock is likely to drop to about (458.1 M). As of 10th of June 2023, Price to Sales Ratio is likely to grow to 75.78, while Price to Book Value is likely to drop 9.96. Legend Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1941

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Estimated Market Risk

 3.6
  actual daily
 31 
69% of assets are more volatile
3131

Expected Return

 0.7
  actual daily
 13 
87% of assets have higher returns
1313

Risk-Adjusted Return

 0.19
  actual daily
 14 
86% of assets perform better
1414
Based on monthly moving average Legend BiotechCorp is performing at about 14% of its full potential. 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 it to a well-diversified portfolio.

Legend BiotechCorp Stock Most Recent Updates

Price Book
19.803
Enterprise Value Ebitda
(24.28) 
Price Sales
73.1773
Shares Float
66 M
Wall Street Target Price
82

Legend BiotechCorp Valuation on December 31, 2022

It is possible to determine the worth of Legend BiotechCorp on a given historical date. On December 31, 2022 Legend was worth 49.57 at the beginning of the trading date compared to the closed value of 49.92. 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 Visa 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
  48.29    50.32    47.54    49.69    302,722  
12/30/2022
  49.57    49.98    48.85    49.92    328,980  
  50.06    51.11    47.94    48.70    455,959  
Backtest Legend BiotechCorp  |  Legend BiotechCorp History  |  Legend BiotechCorp Valuation   PreviousNext  
Open Value 49.57
49.92
Closing Value
60.38
Upside

Legend BiotechCorp Trading Date Momentum on December 31, 2022

On January 03 2023 Legend BiotechCorp was traded for  48.70  at the closing time. The top price for the day was 51.11  and the lowest listed price was  47.94 . The trading volume for the day was 456 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.44% . The trading delta at closing time against the current closing price is 0.44% .

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 ReportedProjected for 2023
Weighted Average Shares318.1 M317.4 M
Weighted Average Shares Diluted318.1 M317.4 M
Issuance Purchase of Equity Shares380.6 M406.9 M

Legend BiotechCorp Quarterly Market Capitalization

7.96 Billion

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.
A focus of Legend BiotechCorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Legend BiotechCorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Legend BiotechCorp Period Price Range

Low
December 30, 2022
High

 49.57 

  

 49.92 

0.350.71%

Legend BiotechCorp June 10, 2023 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

Legend BiotechCorp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Legend stock's 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 stock 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.
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 various price indices. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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
(3.42) 
Revenue Per Share
0.639
Quarterly Revenue Growth
(0.12) 
Return On Assets
(0.29) 
Return On Equity
(0.96) 
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.