Legalzoom Stock Probability of Future Stock Price Finishing Over 16.58

LZ Stock  USD 7.77  0.01  0.13%   
LegalZoom's future price is the expected price of LegalZoom 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 LegalZoom performance during a given time horizon utilizing its historical volatility. Check out LegalZoom Backtesting, LegalZoom Valuation, LegalZoom Correlation, LegalZoom Hype Analysis, LegalZoom Volatility, LegalZoom History as well as LegalZoom Performance.
For more information on how to buy LegalZoom Stock please use our How to Invest in LegalZoom guide.
  
At this time, LegalZoom's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 13.39 in 2024, whereas Price To Sales Ratio is likely to drop 3.09 in 2024. Please specify LegalZoom's target price for which you would like LegalZoom odds to be computed.

LegalZoom Target Price Odds to finish over 16.58

The tendency of LegalZoom Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 16.58  or more in 90 days
 7.77 90 days 16.58 
close to zero percent
Based on a normal probability distribution, the odds of LegalZoom to move over $ 16.58  or more in 90 days from now is close to zero percent (This LegalZoom probability density function shows the probability of LegalZoom Stock to fall within a particular range of prices over 90 days) . Probability of LegalZoom price to stay between its current price of $ 7.77  and $ 16.58  at the end of the 90-day period is about 30.61 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.59 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, LegalZoom will likely underperform. Additionally LegalZoom has an alpha of 0.2352, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   LegalZoom Price Density   
       Price  

Predictive Modules for LegalZoom

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LegalZoom. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
4.907.7710.64
Details
Intrinsic
Valuation
LowRealHigh
6.969.8312.70
Details
10 Analysts
Consensus
LowTargetHigh
13.3014.6116.22
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.110.130.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LegalZoom. Your research has to be compared to or analyzed against LegalZoom's peers to derive any actionable benefits. When done correctly, LegalZoom's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LegalZoom.

LegalZoom Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. LegalZoom is not an exception. The market had few large corrections towards the LegalZoom's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold LegalZoom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LegalZoom within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.24
β
Beta against Dow Jones1.59
σ
Overall volatility
0.71
Ir
Information ratio 0.09

LegalZoom 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 LegalZoom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LegalZoom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
LegalZoom is unlikely to experience financial distress in the next 2 years
LegalZoom has a strong financial position based on the latest SEC filings
Over 83.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is LegalZoom.com, Inc.s Stocks Recent Performance Being Led By Its Attractive Financial Prospects

LegalZoom 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 LegalZoom Stock often depends not only on the future outlook of the current and potential LegalZoom'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. LegalZoom's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding194.4 M
Cash And Short Term Investments225.7 M

LegalZoom Technical Analysis

LegalZoom's future price can be derived by breaking down and analyzing its technical indicators over time. LegalZoom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LegalZoom. In general, you should focus on analyzing LegalZoom Stock price patterns and their correlations with different microeconomic environments and drivers.

LegalZoom Predictive Forecast Models

LegalZoom's time-series forecasting models is one of many LegalZoom'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 LegalZoom'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 LegalZoom

Checking the ongoing alerts about LegalZoom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LegalZoom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
LegalZoom is unlikely to experience financial distress in the next 2 years
LegalZoom has a strong financial position based on the latest SEC filings
Over 83.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Is LegalZoom.com, Inc.s Stocks Recent Performance Being Led By Its Attractive Financial Prospects

Additional Tools for LegalZoom Stock Analysis

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.