Lightspeed Commerce Stock Statistic Functions Beta

LSPD Stock  CAD 24.80  0.08  0.32%   
Lightspeed Commerce statistic functions tool provides the execution environment for running the Beta function and other technical functions against Lightspeed Commerce. Lightspeed Commerce value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Lightspeed Commerce statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Lightspeed Commerce correlated with the market. If Beta is less than 0 Lightspeed Commerce generally moves in the opposite direction as compared to the market. If Lightspeed Commerce Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lightspeed Commerce is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lightspeed Commerce is generally in the same direction as the market. If Beta > 1 Lightspeed Commerce moves generally in the same direction as, but more than the movement of the benchmark.

Lightspeed Commerce Technical Analysis Modules

Most technical analysis of Lightspeed Commerce help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Lightspeed from various momentum indicators to cycle indicators. When you analyze Lightspeed charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Lightspeed Commerce Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lightspeed Commerce. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lightspeed Commerce based on widely used predictive technical indicators. In general, we focus on analyzing Lightspeed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lightspeed Commerce's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Lightspeed Commerce's intrinsic value. In addition to deriving basic predictive indicators for Lightspeed Commerce, we also check how macroeconomic factors affect Lightspeed Commerce price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover7.0610.7815.6416.42
Days Of Inventory On Hand9.9311.7611.496.27
Hype
Prediction
LowEstimatedHigh
23.6426.1928.74
Details
Intrinsic
Valuation
LowRealHigh
22.3227.4630.01
Details
Naive
Forecast
LowNextHigh
21.7324.2826.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.050.100.16
Details

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightspeed Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.