Lightspeed Commerce Stock Market Value
| LSPD Stock | USD 17.86 0.12 0.68% |
| Symbol | Lightspeed |
Lightspeed Commerce Price To Book Ratio
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lightspeed Commerce. If investors know Lightspeed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lightspeed Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.89) | Revenue Per Share 6.565 | Quarterly Revenue Growth 0.204 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of Lightspeed Commerce is measured differently than its book value, which is the value of Lightspeed that is recorded on the company's balance sheet. Investors also form their own opinion of Lightspeed Commerce's value that differs from its market value or its book value, called intrinsic value, which is Lightspeed Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lightspeed Commerce's market value can be influenced by many factors that don't directly affect Lightspeed Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lightspeed Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightspeed Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightspeed Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lightspeed Commerce 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lightspeed Commerce's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lightspeed Commerce.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lightspeed Commerce on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lightspeed Commerce or generate 0.0% return on investment in Lightspeed Commerce over 180 days. Lightspeed Commerce is related to or competes with Snowflake, Zoom Video, C3 Ai, Trade Desk, Salesforce, Open Text, and Paycom Soft. Lightspeed Commerce Inc. provides commerce enabling Software as a Service platform for small and midsize businesses, ret... More
Lightspeed Commerce Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lightspeed Commerce's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lightspeed Commerce upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.1401 | |||
| Maximum Drawdown | 17.03 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 4.72 |
Lightspeed Commerce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lightspeed Commerce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lightspeed Commerce's standard deviation. In reality, there are many statistical measures that can use Lightspeed Commerce historical prices to predict the future Lightspeed Commerce's volatility.| Risk Adjusted Performance | 0.1524 | |||
| Jensen Alpha | 0.4057 | |||
| Total Risk Alpha | 0.0799 | |||
| Sortino Ratio | 0.1965 | |||
| Treynor Ratio | 0.7832 |
Lightspeed Commerce Backtested Returns
Lightspeed Commerce appears to be not too volatile, given 3 months investment horizon. Lightspeed Commerce has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Lightspeed Commerce's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise Lightspeed Commerce's Risk Adjusted Performance of 0.1524, mean deviation of 1.65, and Downside Deviation of 1.83 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lightspeed Commerce holds a performance score of 18. The company secures a Beta (Market Risk) of 0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lightspeed Commerce's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lightspeed Commerce is expected to be smaller as well. Please check Lightspeed Commerce's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Lightspeed Commerce's current price movements will revert.
Auto-correlation | -0.6 |
Good reverse predictability
Lightspeed Commerce has good reverse predictability. Overlapping area represents the amount of predictability between Lightspeed Commerce time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lightspeed Commerce price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Lightspeed Commerce price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 3.18 |
Lightspeed Commerce lagged returns against current returns
Autocorrelation, which is Lightspeed Commerce stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lightspeed Commerce's stock expected returns. We can calculate the autocorrelation of Lightspeed Commerce returns to help us make a trade decision. For example, suppose you find that Lightspeed Commerce has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Lightspeed Commerce regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lightspeed Commerce stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lightspeed Commerce stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lightspeed Commerce stock over time.
Current vs Lagged Prices |
| Timeline |
Lightspeed Commerce Lagged Returns
When evaluating Lightspeed Commerce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lightspeed Commerce stock have on its future price. Lightspeed Commerce autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lightspeed Commerce autocorrelation shows the relationship between Lightspeed Commerce stock current value and its past values and can show if there is a momentum factor associated with investing in Lightspeed Commerce.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lightspeed Commerce is a strong investment it is important to analyze Lightspeed Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightspeed Commerce's future performance. For an informed investment choice regarding Lightspeed Stock, refer to the following important reports:Check out Lightspeed Commerce Correlation, Lightspeed Commerce Volatility and Lightspeed Commerce Alpha and Beta module to complement your research on Lightspeed Commerce. For information on how to trade Lightspeed Stock refer to our How to Trade Lightspeed Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Lightspeed Commerce 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.