Lesaka Technologies Stock Probability of Future Stock Price Finishing Over 9.64
| LSAK Stock | USD 5.45 0.06 1.11% |
Lesaka |
Lesaka Technologies Target Price Odds to finish over 9.64
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 move over $ 9.64 or more in 90 days |
| 5.45 | 90 days | 9.64 | close to zero percent |
Based on a normal probability distribution, the odds of Lesaka Technologies to move over $ 9.64 or more in 90 days from now is close to zero percent (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 its current price of $ 5.45 and $ 9.64 at the end of the 90-day period is about 8.24 .
Given the investment horizon of 90 days Lesaka Technologies has a beta of 0.14. This indicates as returns on the market go up, Lesaka Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lesaka Technologies will be expected to be much smaller as well. Additionally Lesaka Technologies has an alpha of 0.1665, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lesaka Technologies Price Density |
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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 | 0.17 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0.11 |
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.| The company reported the previous year's revenue of 564.22 M. Net Loss for the year was (17.44 M) with profit before overhead, payroll, taxes, and interest of 110.43 M. | |
| About 24.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Lesaka Technologies Stock Recent News Bolsters Bull Case - Seeking Alpha |
Lesaka Technologies 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 Lesaka Stock often depends not only on the future outlook of the current and potential Lesaka Technologies' 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. Lesaka Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 61.3 M | |
| Cash And Short Term Investments | 59.1 M |
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 i