Legalzoom Stock Price on May 7, 2024

LZ Stock  USD 8.50  0.20  2.41%   
If you're considering investing in LegalZoom Stock, it is important to understand the factors that can impact its price. As of today, the current price of LegalZoom stands at 8.50, as last reported on the 6th of June, with the highest price reaching 8.49 and the lowest price hitting 8.49 during the day. LegalZoom has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. LegalZoom exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LegalZoom's Standard Deviation of 3.47, risk adjusted performance of (0.09), and Mean Deviation of 1.91 to check out the risk estimate we provide.
  
At this time, LegalZoom's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 1.2 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 128.5 K in 2024. . At this time, LegalZoom's Price Book Value Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 24.37 in 2024, whereas Price To Sales Ratio is likely to drop 3.09 in 2024. LegalZoom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1852

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsLZ

Estimated Market Risk

 3.51
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.65
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average LegalZoom 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 LegalZoom by adding LegalZoom to a well-diversified portfolio.
Price Book
14.1256
Enterprise Value Ebitda
36.0989
Price Sales
3.6095
Shares Float
126 M
Wall Street Target Price
13.25

LegalZoom Valuation on May 7, 2024

It is possible to determine the worth of LegalZoom on a given historical date. On May 7, 2024 LegalZoom was worth 12.0 at the beginning of the trading date compared to the closed value of 12.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LegalZoom stock. Still, in general, we apply an absolute valuation method to find LegalZoom'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 LegalZoom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LegalZoom's related companies.
 Open High Low Close Volume
  11.99    12.10    11.92    12.05    1,316,020  
05/07/2024
  12.00    12.21    11.86    12.19    1,507,108  
  9.81    10.44    9.03    9.28    4,306,415  
Backtest LegalZoom  |  LegalZoom History  |  LegalZoom Valuation   PreviousNext  
Open Value
12.0
12.19
Closing Value
22.52
Upside

LegalZoom Trading Date Momentum on May 7, 2024

On May 08 2024 LegalZoom was traded for  9.28  at the closing time. The highest price during the trading period was 10.44  and the lowest recorded bid was listed for  9.03 . The volume for the day was 4.3 M. This history from May 8, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 23.87% . The trading delta at closing time to the current price is 24.77% .

LegalZoom Fundamentals Correlations and Trends

By evaluating LegalZoom'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 LegalZoom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LegalZoom financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About LegalZoom Stock history

LegalZoom 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 LegalZoom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LegalZoom 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 LegalZoom stock prices may prove useful in developing a viable investing in LegalZoom
Last ReportedProjected for Next Year
Common Stock Shares Outstanding194.4 M193.6 M
Net Loss-43.9 M-41.7 M

LegalZoom Stock Technical Analysis

LegalZoom technical stock 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, stock market cycles, or different charting patterns.
A focus of LegalZoom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LegalZoom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

LegalZoom Period Price Range

Low
May 7, 2024
0.19  1.58%
High

 12.00 

     

 12.19 

LegalZoom June 6, 2024 Market Strength

Market strength indicators help investors to evaluate how LegalZoom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LegalZoom shares will generate the highest return on investment. By undertsting and applying LegalZoom stock market strength indicators, traders can identify LegalZoom entry and exit signals to maximize returns

LegalZoom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for LegalZoom's price direction in advance. Along with the technical and fundamental analysis of LegalZoom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LegalZoom 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.

Additional Tools for LegalZoom Stock Analysis

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