LEGACY IRON (Germany) Performance
| A43 Stock | EUR 0.01 0.00 0.00% |
The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. 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 -0.15%. Please make sure to verify LEGACY IRON's coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and information ratio , to decide if LEGACY IRON ORE performance from the past will be repeated in the 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 latest unsteady performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
LEGACY |
LEGACY IRON Relative Risk vs. Return Landscape
If you would invest 1.16 in LEGACY IRON ORE on September 4, 2024 and sell it today you would lose (0.11) from holding LEGACY IRON ORE or give up 9.48% of portfolio value over 90 days. LEGACY IRON ORE is producing return of less than zero assuming 1.1853% volatility of returns over the 90 days investment horizon. Simply put, 10% 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 = -0.125
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| Negative Returns | A43 |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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.
| Current Valuation | 73.1 M | |||
| Price To Book | 5.63 X | |||
| Total Asset | 23.61 M | |||
About LEGACY IRON Performance
By analyzing LEGACY IRON's fundamental ratios, stakeholders can gain valuable insights into LEGACY IRON's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if LEGACY IRON 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 LEGACY IRON has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 |
- 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.
Complementary 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.
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