Lesaka Competitors
| LSK Stock | 7,650 46.00 0.60% |
Lesaka Technologies vs Frontier Transport Correlation
Average diversification
The correlation between Lesaka Technologies and FTH is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lesaka Technologies and FTH in the same portfolio, assuming nothing else is changed.
Moving against Lesaka Stock
Lesaka Technologies Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Lesaka Technologies and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Lesaka and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Lesaka Technologies does not affect the price movement of the other competitor.
| 0.41 | 0.23 | 0.37 | 0.65 | 0.42 | AEL | ||
| 0.41 | 0.39 | 0.86 | 0.64 | 0.33 | KAP | ||
| 0.23 | 0.39 | 0.17 | 0.4 | 0.24 | AME | ||
| 0.37 | 0.86 | 0.17 | 0.57 | 0.29 | HCI | ||
| 0.65 | 0.64 | 0.4 | 0.57 | 0.29 | BRT | ||
| 0.42 | 0.33 | 0.24 | 0.29 | 0.29 | FTH | ||
Risk-Adjusted Indicators
There is a big difference between Lesaka Stock performing well and Lesaka Technologies Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lesaka Technologies' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AEL | 0.93 | 0.20 | 0.11 | 4.50 | 0.81 | 2.14 | 9.55 | |||
| KAP | 2.35 | 0.30 | 0.09 | 0.40 | 2.65 | 5.09 | 17.25 | |||
| AME | 1.44 | 0.18 | 0.01 | 2.37 | 2.94 | 2.71 | 27.45 | |||
| HCI | 1.61 | 0.30 | 0.12 | 1.40 | 1.69 | 4.96 | 11.93 | |||
| BRT | 1.39 | 0.48 | 0.00 | (1.63) | 0.00 | 5.80 | 16.49 | |||
| FTH | 1.75 | 0.08 | 0.01 | 0.42 | 2.28 | 5.64 | 16.21 |
Lesaka Technologies Competitive Analysis
The better you understand Lesaka Technologies competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Lesaka Technologies' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Lesaka Technologies' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Lesaka Technologies Competition Performance Charts
Five steps to successful analysis of Lesaka Technologies Competition
Lesaka Technologies' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Lesaka Technologies in relation to its competition. Lesaka Technologies' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Lesaka Technologies in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Lesaka Technologies' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Lesaka Technologies, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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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 Lesaka Technologies Correlation with its peers. For information on how to trade Lesaka Stock refer to our How to Trade Lesaka Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.