Is LCI Industries more volatile than Luminar Technologies (USA Stocks:LAZR)?

LAZR Stock  USD 6.39  0.41  6.03%   
While some millenniums may be indifferent towards auto components space, we will examine how invariable are Luminar Technologies fundamentals compared to LCI Industries. We are going to discuss some of the competitive aspects of both Luminar and LCI Industries.
Published over three weeks ago
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Reviewed by Rifka Kats

By analyzing existing basic indicators between Luminar Technologies and LCI Industries, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in LCI Industries with a short position in Luminar Technologies. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Luminar Technologies has an asset utilization ratio of 3.62 percent. This connotes that the company is making $0.0362 for each dollar of assets. An increasing asset utilization means that Luminar Technologies is more efficient with each dollar of assets it utilizes for everyday operations.

How important is Luminar Technologies's Liquidity

Luminar Technologies financial leverage refers to using borrowed capital as a funding source to finance Luminar Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Luminar Technologies financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Luminar Technologies's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Luminar Technologies, but it might be worth checking our own buy vs. sell analysis

Breaking down Luminar Technologies Indicators

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me now analyze Luminar Technologies revenue. Based on the latest financial disclosure, Luminar Technologies reported 31.94 M of revenue. This is 99.55% lower than that of the Auto Components sector and 99.37% lower than that of the Consumer Discretionary industry. The revenue for all United States stocks is 99.66% higher than that of Luminar Technologies. As for LCI Industries we see revenue of 5.21 B, which is 2.54% higher than that of the Consumer Discretionary

5.1 B
5.2 B
LAZR31.94 Million0.31
Sector5.08 Billion49.22
LCII5.21 Billion50.47

Another 3 percent spike for Luminar Technologies

The standard deviation is down to 6.83 as of today.
As of the 25th of February, Luminar Technologies secures the Mean Deviation of 5.02, risk adjusted performance of 0.0507, and Downside Deviation of 5.95. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Luminar Technologies, 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 were able to analyze nineteen technical drivers for Luminar Technologies, which can be compared to its peers in the industry. Please verify Luminar Technologies coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Luminar Technologies is priced some-what accurately, providing market reflects its recent price of 8.35 per share. Given that Luminar Technologies has jensen alpha of 0.386, we recommend you to check Luminar Technologies's last-minute market performance to make sure the company can sustain itself at a future point.

Our Bottom Line On Luminar Technologies

While many other companies within the auto parts industry are still a little expensive, even after the recent corrections, Luminar Technologies may offer a potential longer-term growth to retail investors. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither buy new shares of Luminar nor trade your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Luminar Technologies.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Luminar Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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