Legacy Housing Corp Stock Price on August 13, 2024

LEGH Stock  USD 25.65  0.30  1.16%   
Below is the normalized historical share price chart for Legacy Housing Corp extending back to December 14, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Legacy Housing stands at 25.65, as last reported on the 4th of December, with the highest price reaching 26.07 and the lowest price hitting 25.53 during the day.
IPO Date
14th of December 2018
200 Day MA
24.5473
50 Day MA
26.3376
Beta
1.093
 
Covid
If you're considering investing in Legacy Stock, it is important to understand the factors that can impact its price. Legacy Housing is very steady at the moment. Legacy Housing Corp has Sharpe Ratio of 0.0179, which conveys that the firm had a 0.0179% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Legacy Housing, which you can use to evaluate the volatility of the firm. Please verify Legacy Housing's Risk Adjusted Performance of (0.01), standard deviation of 1.88, and Mean Deviation of 1.42 to check out if the risk estimate we provide is consistent with the expected return of 0.0333%.
  
As of now, Legacy Housing's Common Stock Shares Outstanding is increasing as compared to previous years. The Legacy Housing's current Stock Based Compensation is estimated to increase to about 1.4 M, while Total Stockholder Equity is projected to decrease to under 270.4 M. . As of now, Legacy Housing's Price Fair Value is decreasing as compared to previous years. Legacy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0179

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Estimated Market Risk

 1.86
  actual daily
16
84% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Legacy Housing is performing at about 1% 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 Legacy Housing by adding it to a well-diversified portfolio.
Price Book
1.308
Enterprise Value Ebitda
8.7523
Price Sales
3.8292
Shares Float
11.1 M
Wall Street Target Price
31.5

Legacy Housing Valuation on August 13, 2024

It is possible to determine the worth of Legacy Housing on a given historical date. On August 13, 2024 Legacy was worth 25.36 at the beginning of the trading date compared to the closed value of 25.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legacy Housing stock. Still, in general, we apply an absolute valuation method to find Legacy Housing'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 Legacy Housing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legacy Housing's related companies.
 Open High Low Close Volume
  26.31    26.59    24.89    25.01    56,926  
08/13/2024
  25.36    25.93    25.08    25.79    45,372  
  25.75    25.85    25.21    25.46    27,644  
Backtest Legacy Housing  |  Legacy Housing History  |  Legacy Housing Valuation   PreviousNext  
Open Value
25.36
25.79
Closing Value
30.95
Upside

Legacy Housing Trading Date Momentum on August 13, 2024

On August 14 2024 Legacy Housing Corp was traded for  25.46  at the closing time. The top price for the day was 25.85  and the lowest listed price was  25.21 . The trading volume for the day was 27.6 K. The trading history from August 14, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.28% . The trading delta at closing time against the current closing price is 4.81% .

Legacy Housing Corp Fundamentals Correlations and Trends

By evaluating Legacy Housing'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 Legacy Housing's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legacy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Legacy Housing Stock history

Legacy Housing 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 Legacy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legacy Housing Corp 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 Legacy Housing stock prices may prove useful in developing a viable investing in Legacy Housing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.1 M25.6 M
Net Income Applicable To Common Shares77.9 M39.2 M

Legacy Housing Quarterly Net Working Capital

80.11 Million

Legacy Housing Stock Technical Analysis

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

Legacy Housing Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Legacy Housing Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Legacy Housing December 4, 2024 Market Strength

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

Legacy Housing Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Legacy Housing's price direction in advance. Along with the technical and fundamental analysis of Legacy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legacy 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 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.

Complementary Tools for Legacy Stock analysis

When running Legacy Housing's price analysis, check to measure Legacy Housing'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 Legacy Housing is operating at the current time. Most of Legacy Housing's value examination focuses on studying past and present price action to predict the probability of Legacy Housing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Housing's price. Additionally, you may evaluate how the addition of Legacy Housing to your portfolios can decrease your overall portfolio volatility.
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