Lesaka Technologies Stock Forecast - Simple Moving Average

LSK Stock   9,021  43.00  0.47%   
The Simple Moving Average forecasted value of Lesaka Technologies on the next trading day is expected to be 9,021 with a mean absolute deviation of 146.47 and the sum of the absolute errors of 8,788. Lesaka Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lesaka Technologies stock prices and determine the direction of Lesaka Technologies's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lesaka Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A two period moving average forecast for Lesaka Technologies is based on an daily price series in which the stock price on a given day is replaced by the mean of that price and the preceding price. This model is best suited to price patterns experiencing average volatility.

Lesaka Technologies Simple Moving Average Price Forecast For the 13th of December 2024

Given 90 days horizon, the Simple Moving Average forecasted value of Lesaka Technologies on the next trading day is expected to be 9,021 with a mean absolute deviation of 146.47, mean absolute percentage error of 48,666, and the sum of the absolute errors of 8,788.
Please note that although there have been many attempts to predict Lesaka Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Lesaka Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Lesaka Technologies Stock Forecast Pattern

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Lesaka Technologies Forecasted Value

In the context of forecasting Lesaka Technologies' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Lesaka Technologies' downside and upside margins for the forecasting period are 9,018 and 9,024, respectively. We have considered Lesaka Technologies' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
9,021
9,021
Expected Value
9,024
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Lesaka Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Lesaka Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria127.0654
BiasArithmetic mean of the errors -23.0
MADMean absolute deviation146.4667
MAPEMean absolute percentage error0.0162
SAESum of the absolute errors8788.0
The simple moving average model is conceptually a linear regression of the current value of Lesaka Technologies price series against current and previous (unobserved) value of Lesaka Technologies. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future

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.
Hype
Prediction
LowEstimatedHigh
9,0189,0219,024
Details
Intrinsic
Valuation
LowRealHigh
7,5187,5219,923
Details
Bollinger
Band Projection (param)
LowMiddleHigh
8,7069,1819,656
Details

Other Forecasting Options for Lesaka Technologies

For every potential investor in Lesaka, whether a beginner or expert, Lesaka Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lesaka Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lesaka. Basic forecasting techniques help filter out the noise by identifying Lesaka Technologies' price trends.

Lesaka Technologies Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lesaka Technologies stock to make a market-neutral strategy. Peer analysis of Lesaka Technologies could also be used in its relative valuation, which is a method of valuing Lesaka Technologies by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Lesaka Technologies Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Lesaka Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Lesaka Technologies' current price.

Lesaka Technologies Market Strength Events

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

Lesaka Technologies Risk Indicators

The analysis of Lesaka Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Lesaka Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lesaka stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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.

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 Historical Fundamental Analysis of Lesaka Technologies to cross-verify your projections.
For information on how to trade Lesaka Stock refer to our How to Trade Lesaka Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Lesaka Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lesaka Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lesaka Technologies' 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.