Legend Biotech Corp Stock Probability of Future Stock Price Finishing Over 58.68
Legend Biotech's future price is the expected price of Legend Biotech 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 Legend Biotech Corp performance during a given time horizon utilizing its historical volatility. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
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Legend Biotech 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 Legend Biotech for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legend Biotech Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Legend Biotech Corp is not yet fully synchronised with the market data | |
| Legend Biotech Corp has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 627.24 M. Net Loss for the year was (158.13 M) with loss before overhead, payroll, taxes, and interest of (20.88 M). | |
| Legend Biotech Corp currently holds about 791.26 M in cash with (144.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.11. | |
| Roughly 55.0% of the company shares are owned by institutional investors |
Legend Biotech 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 Legend Stock often depends not only on the future outlook of the current and potential Legend Biotech'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. Legend Biotech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 182.9 M | |
| Cash And Short Term Investments | 1.1 B |
Legend Biotech Technical Analysis
Legend Biotech's future price can be derived by breaking down and analyzing its technical indicators over time. Legend Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legend Biotech Corp. In general, you should focus on analyzing Legend Stock price patterns and their correlations with different microeconomic environments and drivers.
Legend Biotech Predictive Forecast Models
Legend Biotech's time-series forecasting models is one of many Legend Biotech'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 Legend Biotech'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 Legend Biotech Corp
Checking the ongoing alerts about Legend Biotech for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legend Biotech Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Legend Biotech Corp is not yet fully synchronised with the market data | |
| Legend Biotech Corp has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 627.24 M. Net Loss for the year was (158.13 M) with loss before overhead, payroll, taxes, and interest of (20.88 M). | |
| Legend Biotech Corp currently holds about 791.26 M in cash with (144.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.11. | |
| Roughly 55.0% of the company shares are owned by institutional investors |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Tools for Legend Stock
When running Legend Biotech's price analysis, check to measure Legend Biotech'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 Biotech is operating at the current time. Most of Legend Biotech's value examination focuses on studying past and present price action to predict the probability of Legend Biotech'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 Biotech's price. Additionally, you may evaluate how the addition of Legend Biotech to your portfolios can decrease your overall portfolio volatility.
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