Legible Stock Performance
| LEBGF Stock | USD 0.05 0.02 34.29% |
Legible holds a performance score of 7 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Legible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Legible is expected to be smaller as well. Use Legible information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on Legible.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Legible are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak technical and fundamental indicators, Legible reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 145.8 K | |
| Free Cash Flow | -7.4 M |
Legible |
Legible Relative Risk vs. Return Landscape
If you would invest 3.75 in Legible on September 3, 2024 and sell it today you would earn a total of 0.85 from holding Legible or generate 22.67% return on investment over 90 days. Legible is currently producing 1.6587% returns and takes up 16.8011% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Legible, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Legible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legible's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Legible, and traders can use it to determine the average amount a Legible'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 = 0.0987
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | LEBGF | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 16.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.66 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Legible is performing at about 7% 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 Legible by adding it to a well-diversified portfolio.
Legible Fundamentals Growth
Legible Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Legible, and Legible 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 Legible Pink Sheet performance.
| Return On Equity | -13.11 | |||
| Return On Asset | -1.59 | |||
| Operating Margin | (681.81) % | |||
| Current Valuation | 7.66 M | |||
| Shares Outstanding | 81.76 M | |||
| Price To Book | 13.33 X | |||
| Price To Sales | 527.44 X | |||
| Revenue | 918 | |||
| EBITDA | (7.9 M) | |||
| Cash And Equivalents | 196.06 K | |||
| Total Debt | 1.91 M | |||
| Debt To Equity | 2.82 % | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (6.35 M) | |||
| Earnings Per Share | (0.22) X | |||
| Total Asset | 3.53 M | |||
About Legible Performance
By analyzing Legible's fundamental ratios, stakeholders can gain valuable insights into Legible's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Legible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Legible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Legible Media Inc. operates as a book entertainment and media company. Its books and audiobooks are distributed using its platform. Legible is traded on OTC Exchange in the United States.Things to note about Legible performance evaluation
Checking the ongoing alerts about Legible for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Legible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Legible is way too risky over 90 days horizon | |
| Legible has some characteristics of a very speculative penny stock | |
| Legible appears to be risky and price may revert if volatility continues | |
| Legible has high likelihood to experience some financial distress in the next 2 years | |
| Legible has accumulated 1.91 M in total debt with debt to equity ratio (D/E) of 2.82, implying the company greatly relies on financing operations through barrowing. Legible has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Legible until it has trouble settling it off, either with new capital or with free cash flow. So, Legible's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Legible sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legible to invest in growth at high rates of return. When we think about Legible's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 918. Net Loss for the year was (12.91 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Legible has accumulated about 196.06 K in cash with (6.35 M) of positive cash flow from operations. | |
| Roughly 32.0% of Legible outstanding shares are owned by corporate insiders |
- Analyzing Legible'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 Legible's stock is overvalued or undervalued compared to its peers.
- Examining Legible'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 Legible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Legible's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Legible's pink sheet. These opinions can provide insight into Legible's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Legible Pink Sheet analysis
When running Legible's price analysis, check to measure Legible'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 Legible is operating at the current time. Most of Legible's value examination focuses on studying past and present price action to predict the probability of Legible's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legible's price. Additionally, you may evaluate how the addition of Legible to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |