Light Sa Adr Stock Technical Analysis
| LGSXY Stock | USD 1.05 0.07 7.14% |
As of the 19th of April, Light SA secures the Standard Deviation of 4.3, risk adjusted performance of (0.02), and Mean Deviation of 2.74. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Light SA ADR, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for Light SA, which can be compared to its peers in the industry. Please verify Light SA ADR information ratio, as well as the relationship between the value at risk and kurtosis to decide if Light SA ADR is priced some-what accurately, providing market reflects its recent price of 1.05 per share. Given that Light SA ADR is a hitting penny stock territory we strongly suggest to closely look at its jensen alpha.
Light SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Light, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LightLight |
Light SA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Light SA ADR Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Light SA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Light SA ADR Trend Analysis
Use this graph to draw trend lines for Light SA ADR. You can use it to identify possible trend reversals for Light SA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Light SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Light SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Light SA ADR applied against its price change over selected period. The best fit line has a slop of 0.002 , which may suggest that Light SA ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted Light SA price change compared to its average price change.About Light SA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Light SA ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Light SA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Light SA ADR price pattern first instead of the macroeconomic environment surrounding Light SA ADR. By analyzing Light SA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Light SA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Light SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Light SA April 19, 2024 Technical Indicators
Most technical analysis of Light 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 Light from various momentum indicators to cycle indicators. When you analyze Light charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 2.74 | |||
| Coefficient Of Variation | (2,501) | |||
| Standard Deviation | 4.3 | |||
| Variance | 18.53 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 25.56 | |||
| Value At Risk | (8.80) | |||
| Potential Upside | 7.14 | |||
| Skewness | 0.0137 | |||
| Kurtosis | 1.9 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Light Pink Sheet analysis
When running Light SA's price analysis, check to measure Light SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Light SA is operating at the current time. Most of Light SA's value examination focuses on studying past and present price action to predict the probability of Light SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light SA's price. Additionally, you may evaluate how the addition of Light SA to your portfolios can decrease your overall portfolio volatility.
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