Legal General Financials
| BATT Etf | EUR 16.59 0.10 0.61% |
Legal |
The data published in Legal General's official financial statements usually reflect Legal General's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Legal General UCITS. For example, before you start analyzing numbers published by Legal accountants, it's critical to develop an understanding of what Legal General's liquidity, profitability, and earnings quality are in the context of the LGIM Managers (Europe) Limited space in which it operates.
Please note, the presentation of Legal General's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Legal General's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Legal General's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Legal General UCITS. Please utilize our Beneish M Score to check the likelihood of Legal General's management manipulating its earnings.
Legal General Etf Summary
Legal General competes with Legal General, LG Russell, VanEck Multi, IShares III, and IShares Core. LG Battery is traded on Amsterdam Stock Exchange in Netherlands.| Instrument | Netherlands Etf |
| Exchange | Euronext Amsterdam |
| ISIN | IE00BF0M2Z96 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | LGIM Managers (Europe) Limited |
| Benchmark | NYSE Composite |
| Phone | NA |
| Currency | EUR - Euro |
Legal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Legal General's current stock value. Our valuation model uses many indicators to compare Legal General value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Legal General competition to find correlations between indicators driving Legal General's intrinsic value. More Info.Legal General UCITS is rated below average in one year return as compared to similar ETFs. It is the top ETF in three year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value Legal General by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Legal General's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Legal General's earnings, one of the primary drivers of an investment's value.Legal General UCITS Systematic Risk
Legal General's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Legal General volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Legal General UCITS correlated with the market. If Beta is less than 0 Legal General generally moves in the opposite direction as compared to the market. If Legal General Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Legal General UCITS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Legal General is generally in the same direction as the market. If Beta > 1 Legal General moves generally in the same direction as, but more than the movement of the benchmark.
About Legal General Financials
What exactly are Legal General Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Legal General's income statement, its balance sheet, and the statement of cash flows. Potential Legal General investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Legal General investors may use each financial statement separately, they are all related. The changes in Legal General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Legal General's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Legal General Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Legal General is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Legal has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Legal General's financials are consistent with your investment objective using the following steps:- Review Legal General's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Legal General's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Legal General's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Legal General's stock is overvalued or undervalued.
Legal General May 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Legal General help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Legal General UCITS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Legal General UCITS based on widely used predictive technical indicators. In general, we focus on analyzing Legal Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Legal General's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.1346 | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.84 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Legal General UCITS. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.