Lightspeed Commerce Stock Probability of Future Stock Price Finishing Under 19.92
| LSPD Stock | CAD 26.25 0.31 1.20% |
Lightspeed |
Lightspeed Commerce Target Price Odds to finish below 19.92
The tendency of Lightspeed 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 C$ 19.92 or more in 90 days |
| 26.25 | 90 days | 19.92 | about 31.73 |
Based on a normal probability distribution, the odds of Lightspeed Commerce to drop to C$ 19.92 or more in 90 days from now is about 31.73 (This Lightspeed Commerce probability density function shows the probability of Lightspeed Stock to fall within a particular range of prices over 90 days) . Probability of Lightspeed Commerce price to stay between C$ 19.92 and its current price of C$26.25 at the end of the 90-day period is about 63.94 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.13 . This indicates Lightspeed Commerce market returns are highly reactive to returns on the market. As the market goes up or down, Lightspeed Commerce is expected to follow. Additionally Lightspeed Commerce has an alpha of 0.5407, implying that it can generate a 0.54 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lightspeed Commerce Price Density |
| Price |
Predictive Modules for Lightspeed Commerce
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lightspeed Commerce. 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.Lightspeed Commerce Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lightspeed Commerce is not an exception. The market had few large corrections towards the Lightspeed Commerce's 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 Lightspeed Commerce, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lightspeed Commerce within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 1.13 | |
σ | Overall volatility | 2.88 | |
Ir | Information ratio | 0.23 |
Lightspeed Commerce 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 Lightspeed Commerce for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lightspeed Commerce can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 909.27 M. Net Loss for the year was (163.96 M) with profit before overhead, payroll, taxes, and interest of 271.17 M. | |
| Lightspeed Commerce has accumulated about 800.15 M in cash with (97.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19. | |
| Roughly 61.0% of the company shares are owned by institutional investors |
Lightspeed Commerce Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Lightspeed Stock often depends not only on the future outlook of the current and potential Lightspeed Commerce'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. Lightspeed Commerce's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 153.8 M | |
| Cash And Short Term Investments | 722.1 M |
Lightspeed Commerce Technical Analysis
Lightspeed Commerce's future price can be derived by breaking down and analyzing its technical indicators over time. Lightspeed Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lightspeed Commerce. In general, you should focus on analyzing Lightspeed Stock price patterns and their correlations with different microeconomic environments and drivers.
Lightspeed Commerce Predictive Forecast Models
Lightspeed Commerce's time-series forecasting models is one of many Lightspeed Commerce's 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 Lightspeed Commerce's 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 Lightspeed Commerce
Checking the ongoing alerts about Lightspeed Commerce for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lightspeed Commerce help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 909.27 M. Net Loss for the year was (163.96 M) with profit before overhead, payroll, taxes, and interest of 271.17 M. | |
| Lightspeed Commerce has accumulated about 800.15 M in cash with (97.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19. | |
| Roughly 61.0% of the company shares are owned by institutional investors |
Check out Lightspeed Commerce Backtesting, Lightspeed Commerce Valuation, Lightspeed Commerce Correlation, Lightspeed Commerce Hype Analysis, Lightspeed Commerce Volatility, Lightspeed Commerce History as well as Lightspeed Commerce Performance. To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.