Lesaka Technologies (South Africa) Probability of Future Stock Price Finishing Under 8980.4
| LSK Stock | 9,001 175.00 1.98% |
Lesaka |
Lesaka Technologies Target Price Odds to finish below 8980.4
The tendency of Lesaka Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 8,980 or more in 90 days |
| 9,001 | 90 days | 8,980 | about 73.84 |
Based on a normal probability distribution, the odds of Lesaka Technologies to drop to 8,980 or more in 90 days from now is about 73.84 (This Lesaka Technologies probability density function shows the probability of Lesaka Stock to fall within a particular range of prices over 90 days) . Probability of Lesaka Technologies price to stay between 8,980 and its current price of 9001.0 at the end of the 90-day period is about 1.54 .
Assuming the 90 days trading horizon Lesaka Technologies has a beta of 0.93. This indicates Lesaka Technologies market returns are highly-sensitive to returns on the market. As the market goes up or down, Lesaka Technologies is expected to follow. Additionally Lesaka Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Lesaka Technologies Price Density |
| Price |
Predictive Modules for Lesaka Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lesaka Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Lesaka Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lesaka Technologies is not an exception. The market had few large corrections towards the Lesaka Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Lesaka Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lesaka Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 425.48 | |
Ir | Information ratio | -0.05 |
Lesaka Technologies Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Lesaka Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lesaka Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 15.0% of the company outstanding shares are owned by corporate insiders |
Lesaka Technologies Technical Analysis
Lesaka Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Lesaka Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lesaka Technologies. In general, you should focus on analyzing Lesaka Stock price patterns and their correlations with different microeconomic environments and drivers.
Lesaka Technologies Predictive Forecast Models
Lesaka Technologies' time-series forecasting models is one of many Lesaka Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Lesaka Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Lesaka Technologies
Checking the ongoing alerts about Lesaka Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lesaka Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 15.0% of the company outstanding shares are owned by corporate insiders |
Additional Information and Resources on Investing in Lesaka Stock
When determining whether Lesaka Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Lesaka Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lesaka Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Lesaka Technologies Stock:Check out Lesaka Technologies Backtesting, Lesaka Technologies Valuation, Lesaka Technologies Correlation, Lesaka Technologies Hype Analysis, Lesaka Technologies Volatility, Lesaka Technologies History as well as Lesaka Technologies Performance. For information on how to trade Lesaka Stock refer to our How to Trade Lesaka Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.