Legible Stock Price on December 12, 2024
| LEBGF Stock | USD 0.05 0 9.03% |
If you're considering investing in Legible Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Legible stands at 0.05, as last reported on the 14th of December 2024, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Legible is out of control given 3 months investment horizon. Legible has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.16% are justified by taking the suggested risk. Use Legible Mean Deviation of 11.02, downside deviation of 17.0, and Risk Adjusted Performance of 0.0823 to evaluate company specific risk that cannot be diversified away.
Legible Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Legible |
Sharpe Ratio = 0.1361
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Estimated Market Risk
| 15.84 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.16 actual daily | 43 57% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Legible is performing at about 10% 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 Valuation on December 12, 2024
It is possible to determine the worth of Legible on a given historical date. On December 12, 2024 Legible was worth 0.037 at the beginning of the trading date compared to the closed value of 0.0432. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legible pink sheet. Still, in general, we apply an absolute valuation method to find Legible'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 Legible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legible's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.04 | 98,000 | |
12/12/2024 | 0.04 | 0.05 | 0.03 | 0.04 | 106,000 |
| 0.05 | 0.05 | 0.04 | 0.05 | 100,000 |
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Legible Trading Date Momentum on December 12, 2024
| On December 13 2024 Legible was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.04 . The daily volume was 100 K. The net trading volume on 12/13/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 9.03% . The trading delta at closing time to current closing price is 8.80% . |
Legible Fundamentals Correlations and Trends
By evaluating Legible'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 Legible's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legible financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Legible Pink Sheet history
Legible 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 Legible is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legible 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 Legible stock prices may prove useful in developing a viable investing in Legible
Legible Pink Sheet Technical Analysis
Legible technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Legible Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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Legible December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Legible pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legible shares will generate the highest return on investment. By undertsting and applying Legible pink sheet market strength indicators, traders can identify Legible entry and exit signals to maximize returns
Legible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legible's price direction in advance. Along with the technical and fundamental analysis of Legible Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legible 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.
| Risk Adjusted Performance | 0.0823 | |||
| Jensen Alpha | 1.63 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0902 | |||
| Treynor Ratio | (32.48) |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
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