Lucid Group Stock Chance of Future Stock Price Finishing Over 2.55
| LCID Stock | USD 2.55 0.03 1.19% |
Closest to current price Lucid long CALL Option Payoff at Expiration
Lucid |
Lucid Target Price Odds to finish over 2.55
The tendency of Lucid 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 above the current price in 90 days |
| 2.55 | 90 days | 2.55 | about 87.11 |
Based on a normal probability distribution, the odds of Lucid to move above the current price in 90 days from now is about 87.11 (This Lucid Group probability density function shows the probability of Lucid Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.26 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lucid will likely underperform. Additionally Lucid Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Lucid Price Density |
| Price |
Predictive Modules for Lucid
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lucid Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lucid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lucid Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lucid is not an exception. The market had few large corrections towards the Lucid's 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 Lucid Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lucid within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.18 | |
β | Beta against NYSE Composite | 2.26 | |
σ | Overall volatility | 0.38 | |
Ir | Information ratio | -0.01 |
Lucid 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 Lucid for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lucid Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lucid Group had very high historical volatility over the last 90 days | |
| Lucid Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 595.27 M. Net Loss for the year was (2.83 B) with loss before overhead, payroll, taxes, and interest of (1.04 B). | |
| Lucid Group currently holds about 3.34 B in cash with (2.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99. | |
| Lucid Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 74.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: PACCAR to Report Q1 Earnings Heres What to Expect |
Lucid 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 Lucid Stock often depends not only on the future outlook of the current and potential Lucid's 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. Lucid's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.1 B | |
| Cash And Short Term Investments | 3.9 B |
Lucid Technical Analysis
Lucid's future price can be derived by breaking down and analyzing its technical indicators over time. Lucid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lucid Group. In general, you should focus on analyzing Lucid Stock price patterns and their correlations with different microeconomic environments and drivers.
Lucid Predictive Forecast Models
Lucid's time-series forecasting models is one of many Lucid's 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 instead, these metrics vary over time. This non-stationary Lucid's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Lucid Group
Checking the ongoing alerts about Lucid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lucid Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lucid Group had very high historical volatility over the last 90 days | |
| Lucid Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 595.27 M. Net Loss for the year was (2.83 B) with loss before overhead, payroll, taxes, and interest of (1.04 B). | |
| Lucid Group currently holds about 3.34 B in cash with (2.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99. | |
| Lucid Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 74.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: PACCAR to Report Q1 Earnings Heres What to Expect |
Check out Lucid Backtesting, Lucid Valuation, Lucid Correlation, Lucid Hype Analysis, Lucid Volatility, Lucid History as well as Lucid Performance. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Lucid Stock analysis
When running Lucid's price analysis, check to measure Lucid'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 Lucid is operating at the current time. Most of Lucid's value examination focuses on studying past and present price action to predict the probability of Lucid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucid's price. Additionally, you may evaluate how the addition of Lucid to your portfolios can decrease your overall portfolio volatility.
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Is Lucid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lucid. If investors know Lucid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lucid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 0.286 | Quarterly Revenue Growth (0.39) | Return On Assets (0.23) | Return On Equity (0.61) |
The market value of Lucid Group is measured differently than its book value, which is the value of Lucid that is recorded on the company's balance sheet. Investors also form their own opinion of Lucid's value that differs from its market value or its book value, called intrinsic value, which is Lucid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lucid's market value can be influenced by many factors that don't directly affect Lucid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lucid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucid'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.