Legacy Iron (Australia) Performance
| LCY Stock | 0.01 0 10.00% |
The company secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Legacy Iron are expected to decrease at a much lower rate. During the bear market, Legacy Iron is likely to outperform the market. At this point, Legacy Iron Ore has a negative expected return of -0.51%. Please make sure to verify Legacy Iron's information ratio, total risk alpha, and the relationship between the variance and jensen alpha , to decide if Legacy Iron Ore performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Legacy Iron Ore has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1.2711:1 | Last Split Date 2009-08-31 |
1 | Green light for 600m iron ore mine - Australian Resource Investment | 09/20/2024 |
2 | Legacy Iron Ore Directors Shareholding Update - MSN | 11/26/2024 |
| Begin Period Cash Flow | 2.7 M |
Legacy |
Legacy Iron Relative Risk vs. Return Landscape
If you would invest 1.30 in Legacy Iron Ore on September 13, 2024 and sell it today you would lose (0.40) from holding Legacy Iron Ore or give up 30.77% of portfolio value over 90 days. Legacy Iron Ore is producing return of less than zero assuming 3.3359% volatility of returns over the 90 days investment horizon. Simply put, 29% of all stocks have less volatile historical return distribution than Legacy Iron, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Legacy Iron Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legacy Iron's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Legacy Iron Ore, and traders can use it to determine the average amount a Legacy Iron's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1536
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| Negative Returns | LCY |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Legacy Iron is not performing at its full potential. However, 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 Iron by adding Legacy Iron to a well-diversified portfolio.
Legacy Iron Fundamentals Growth
Legacy Stock prices reflect investors' perceptions of the future prospects and financial health of Legacy Iron, and Legacy Iron fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Legacy Stock performance.
| Return On Equity | -1.24 | ||||
| Return On Asset | -0.52 | ||||
| Profit Margin | (0.97) % | ||||
| Operating Margin | (0.56) % | ||||
| Current Valuation | 85 M | ||||
| Shares Outstanding | 9.76 B | ||||
| Price To Book | 4.87 X | ||||
| Price To Sales | 3.04 X | ||||
| Revenue | 2.08 M | ||||
| Gross Profit | 3.71 M | ||||
| EBITDA | (9.53 M) | ||||
| Net Income | (9.59 M) | ||||
| Cash And Equivalents | 490.83 K | ||||
| Total Debt | 49.77 K | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (9.95 M) | ||||
| Total Asset | 47.22 M | ||||
| Retained Earnings | (68.8 M) | ||||
About Legacy Iron Performance
Assessing Legacy Iron's fundamental ratios provides investors with valuable insights into Legacy Iron's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Legacy Iron is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Legacy Iron is entity of Australia. It is traded as Stock on AU exchange.Things to note about Legacy Iron Ore performance evaluation
Checking the ongoing alerts about Legacy Iron for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Legacy Iron Ore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Legacy Iron Ore generated a negative expected return over the last 90 days | |
| Legacy Iron Ore has some characteristics of a very speculative penny stock | |
| Legacy Iron Ore has high historical volatility and very poor performance | |
| Legacy Iron Ore has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2.08 M. Net Loss for the year was (9.59 M) with profit before overhead, payroll, taxes, and interest of 3.71 M. | |
| Legacy Iron Ore has accumulated about 490.83 K in cash with (9.95 M) of positive cash flow from operations. | |
| Roughly 95.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Legacy Iron Ore Directors Shareholding Update - MSN |
- Analyzing Legacy Iron's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Legacy Iron's stock is overvalued or undervalued compared to its peers.
- Examining Legacy Iron's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Legacy Iron's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Legacy Iron's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Legacy Iron's stock. These opinions can provide insight into Legacy Iron's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Legacy Stock Analysis
When running Legacy Iron's price analysis, check to measure Legacy Iron'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 Iron is operating at the current time. Most of Legacy Iron's value examination focuses on studying past and present price action to predict the probability of Legacy Iron'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 Iron's price. Additionally, you may evaluate how the addition of Legacy Iron to your portfolios can decrease your overall portfolio volatility.