Legalzoom Stock Alpha and Beta Analysis

LZ Stock  USD 12.11  0.38  3.24%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as LegalZoom. It also helps investors analyze the systematic and unsystematic risks associated with investing in LegalZoom over a specified time horizon. Remember, high LegalZoom's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to LegalZoom's market risk premium analysis include:
Beta
2.01
Alpha
0.0443
Risk
2.69
Sharpe Ratio
0.0599
Expected Return
0.16
Please note that although LegalZoom alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, LegalZoom did 0.04  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of LegalZoom stock's relative risk over its benchmark. LegalZoom has a beta of 2.01  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LegalZoom will likely underperform. At this time, LegalZoom's Book Value Per Share is fairly stable compared to the past year. Tangible Book Value Per Share is likely to rise to 0.51 in 2024, whereas Enterprise Value is likely to drop slightly above 8.7 B in 2024.

Enterprise Value

8.67 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out LegalZoom Backtesting, LegalZoom Valuation, LegalZoom Correlation, LegalZoom Hype Analysis, LegalZoom Volatility, LegalZoom History and analyze LegalZoom Performance.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.

LegalZoom Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. LegalZoom market risk premium is the additional return an investor will receive from holding LegalZoom long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in LegalZoom. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate LegalZoom's performance over market.
α0.04   β2.01

LegalZoom expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of LegalZoom's Buy-and-hold return. Our buy-and-hold chart shows how LegalZoom performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

LegalZoom Market Price Analysis

Market price analysis indicators help investors to evaluate how LegalZoom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LegalZoom shares will generate the highest return on investment. By understating and applying LegalZoom stock market price indicators, traders can identify LegalZoom position entry and exit signals to maximize returns.

LegalZoom Return and Market Media

The median price of LegalZoom for the period between Tue, Jan 23, 2024 and Mon, Apr 22, 2024 is 12.21 with a coefficient of variation of 10.64. The daily time series for the period is distributed with a sample standard deviation of 1.27, arithmetic mean of 11.91, and mean deviation of 1.17. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
LegalZoom Reports Next Week What Awaits
02/15/2024
2
Disposition of 26231 shares by Nicole Miller of LegalZoom at 10.76 subject to Rule 16b-3
02/20/2024
3
Heres What Key Metrics Tell Us About LegalZoom Q4 Earnings
02/23/2024
4
Director John Murphy Sells 10,000 Shares of LegalZoom.com Inc
03/05/2024
5
Acquisition by Shrisha Radhakrishna of 304878 shares of LegalZoom subject to Rule 16b-3
03/08/2024
6
Gotham Asset Management LLC Reduces Stock Position in LegalZoom.com, Inc. - Defense World
03/11/2024
7
Disposition of 9462 shares by Richard Preece of LegalZoom at 13.17 subject to Rule 16b-3
03/15/2024
8
LegalZoom COO sells over 124k in company stock
03/18/2024
9
LegalZoom.com, Inc.s Intrinsic Value Is Potentially 91 percent Above Its Share Price
03/22/2024
10
Raymond James Resumes LegalZoom.com Inc at Market Perform
03/27/2024
11
A Look Back at Online Marketplace Stocks Q4 Earnings Coupang Vs The Rest Of The Pack - The Globe and Mail
04/01/2024
12
Q4 Earnings Roundup LegalZoom And The Rest Of The Online Marketplace Segment
04/09/2024
13
Will LegalZoom Beat Estimates Again in Its Next Earnings Report
04/19/2024

About LegalZoom Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including LegalZoom or other stocks. Alpha measures the amount that position in LegalZoom has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2023 2024 (projected)
Dividend Yield3.5E-54.0E-57.0E-5
Price To Sales Ratio5.543.263.09

LegalZoom Upcoming Company Events

As portrayed in its financial statements, the presentation of LegalZoom's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LegalZoom's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of LegalZoom's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of LegalZoom. Please utilize our Beneish M Score to check the likelihood of LegalZoom's management manipulating its earnings.
22nd of February 2024
Upcoming Quarterly Report
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14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Build Portfolio with LegalZoom

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 and analyze 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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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LegalZoom 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 LegalZoom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LegalZoom 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...