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.
Investment perspective, in general, refers to a viewpoint or opinion regarding investment opportunity in Luminar Technologies. It encompasses the assessment of an investment's potential risks and rewards, and expectations for its
performance over time. Several factors influence the investment perspective on Luminar Technologies, including investment goals, risk tolerance, time horizon, market conditions, and research and analysis. Investors have varying goals, such as capital preservation, income generation, or long-term growth. Risk tolerance plays a significant role in shaping an investor's perspective, with some being more risk-averse and others willing to take on higher risks for potential returns.
Watch out for price decline
Please consider monitoring Luminar Technologies on a daily basis if you are holding a position in it. Luminar Technologies is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Luminar Technologies stock to be traded above the $1 level to remain listed. If Luminar Technologies stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
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. Financial leverage can amplify the potential profits to Luminar Technologies' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Luminar Technologies' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Luminar Technologies's total debt and its cash.
Luminar Technologies Gross Profit
Luminar Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Luminar Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Luminar Technologies Gross Profit growth over the last 10 years. Please check Luminar Technologies'
gross profit and other
fundamental indicators for more details.
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
| LAZR | 31.94 Million | 0.31 |
| Sector | 5.08 Billion | 49.22 |
| LCII | 5.21 Billion | 50.47 |
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.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile 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
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