The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and LGNA are completely uncorrelated. Although it is extremely important to respect LGNA price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting LGNA technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. LGNA currently secures a risk of 0.0%. Please verify LGNA Jensen Alpha, Maximum Drawdown and the relationship between Information Ratio and Treynor Ratio to decide if LGNA will be following its current price movements.
Over the last 30 days LGNA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, LGNA is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Horizon||30 Days Login to change|
LGNA Relative Risk vs. Return LandscapeIf you would invest 0.00 in LGNA on March 26, 2019 and sell it today you would earn a total of 0.00 from holding LGNA or generate 0.0% return on investment over 30 days. LGNA is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than LGNA and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
LGNA Market Risk Analysis
Sharpe Ratio = 0.0
Equity Alerts and Improvement Suggestions