Leggett Platt (Germany) Price Prediction

LP1 Stock  EUR 9.11  0.16  1.73%   
As of 26th of December 2024, the value of RSI of Leggett Platt's share price is approaching 46. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Leggett Platt, making its price go up or down.

Oversold Vs Overbought

46

 
Oversold
 
Overbought
The successful prediction of Leggett Platt's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Leggett Platt and does not consider all of the tangible or intangible factors available from Leggett Platt's fundamental data. We analyze noise-free headlines and recent hype associated with Leggett Platt Incorporated, which may create opportunities for some arbitrage if properly timed.
Using Leggett Platt hype-based prediction, you can estimate the value of Leggett Platt Incorporated from the perspective of Leggett Platt response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Leggett Platt to buy its stock at a price that has no basis in reality. In that case, they are not buying Leggett because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Leggett Platt after-hype prediction price

    
  EUR 9.11  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Leggett Platt Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
6.939.9112.90
Details

Leggett Platt After-Hype Price Prediction Density Analysis

As far as predicting the price of Leggett Platt at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Leggett Platt or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Leggett Platt, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Leggett Platt Estimiated After-Hype Price Volatility

In the context of predicting Leggett Platt's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Leggett Platt's historical news coverage. Leggett Platt's after-hype downside and upside margins for the prediction period are 6.13 and 12.09, respectively. We have considered Leggett Platt's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
9.11
9.11
After-hype Price
12.09
Upside
Leggett Platt is somewhat reliable at this time. Analysis and calculation of next after-hype price of Leggett Platt is based on 3 months time horizon.

Leggett Platt Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Leggett Platt is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Leggett Platt backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Leggett Platt, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.47 
2.98
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.11
9.11
0.00 
0.00  
Notes

Leggett Platt Hype Timeline

Leggett Platt is now traded for 9.11on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Leggett is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at -0.47%. %. The volatility of related hype on Leggett Platt is about 0.0%, with the expected price after the next announcement by competition of 9.11. About 75.0% of the company shares are owned by institutional investors. The book value of Leggett Platt was now reported as 12.37. The company last dividend was issued on the 14th of March 2023. Assuming the 90 days horizon the next estimated press release will be uncertain.
Check out Leggett Platt Basic Forecasting Models to cross-verify your projections.

Leggett Platt Related Hype Analysis

Having access to credible news sources related to Leggett Platt's direct competition is more important than ever and may enhance your ability to predict Leggett Platt's future price movements. Getting to know how Leggett Platt's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Leggett Platt may potentially react to the hype associated with one of its peers.

Leggett Platt Additional Predictive Modules

Most predictive techniques to examine Leggett price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Leggett using various technical indicators. When you analyze Leggett charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Leggett Platt Predictive Indicators

The successful prediction of Leggett Platt stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Leggett Platt Incorporated, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Leggett Platt based on analysis of Leggett Platt hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Leggett Platt's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Leggett Platt's related companies.

Story Coverage note for Leggett Platt

The number of cover stories for Leggett Platt depends on current market conditions and Leggett Platt's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Leggett Platt is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Leggett Platt's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Leggett Platt Short Properties

Leggett Platt's future price predictability will typically decrease when Leggett Platt's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Leggett Platt Incorporated often depends not only on the future outlook of the potential Leggett Platt's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Leggett Platt's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding132.6 M

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