The company secures a Beta (Market Risk) of 1.9629, which conveys a somewhat significant risk relative to the market. Let's try to break down what Lucid's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lucid will likely underperform. Even though it is essential to pay attention to
Lucid Group price patterns, it is always good to be careful when utilizing equity historical
price patterns. Our philosophy towards estimating any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Lucid exposes twenty-seven different technical indicators, which can help you to evaluate its performance.
Lucid Group has an expected return of -0.56%. Please be advised to verify Lucid Group
coefficient of variation,
maximum drawdown,
skewness, as well as the
relationship between the
total risk alpha and
downside variance to decide if
Lucid Group performance from the past will be repeated at some point in the near future.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Lucid income statement, its balance sheet, and the statement of cash flows. Potential Lucid investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Lucid investors may use each financial statement separately, they are all related. The changes in Lucid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lucid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Lucid
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Lucid performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Lucid shares is the value that is considered the true value of the share. If
the intrinsic value of Lucid is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Lucid. Please read more on our
fundamental analysis page.
How effective is Lucid in utilizing its assets?
Lucid Group reports assets on its Balance Sheet. It represents the amount of Lucid resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Lucid aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Automobile Manufacturers space. To get a better handle on how balance sheet or income statements item affect Lucid volatility, please check the breakdown of all its
fundamentals.
Are Lucid Earnings Expected to grow?
The
future earnings power of Lucid involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Lucid factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Lucid
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Lucid
expected earnings.
Lucid Gross Profit
Lucid Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Lucid 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 Lucid Gross Profit growth over the last 10 years. Please check Lucid's
gross profit and other
fundamental indicators for more details.
Breaking down the case for Lucid
There are few distinct groups of Lucid stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Lucid is distributed among investors.
Ownership Allocation
Lucid Group maintains a total of one billion six hundred eighty million four hundred twenty-nine thousand nine hundred fifty-two
outstanding shares. The majority of Lucid
outstanding shares are owned by
institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lucid Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lucid Group. Please pay attention to any change in the institutional holdings of Lucid as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
| Retail Investors25.06% | | Institutions70.83% |
| Retail Investors | 25.06 |
| Insiders | 4.11 |
| Institutions | 70.83 |
Will Lucid continue to go ballistic?
The kurtosis is down to 1.62 as of today. Lucid Group exhibits very low volatility with skewness of -0.41 and kurtosis of 1.62. However, we advise investors to further study Lucid Group technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lucid's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Lucid's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Conclusion on Lucid
Although few other entities in the auto manufacturers industry are either recovering or due for a correction, Lucid may not be performing as strong as the other in terms of long-term growth potentials. To sum up, as of the 5th of December 2022, our analysis shows that Lucid hyperactively responds to market trends. The firm is
undervalued and projects
low probability of distress for the next 2 years. However, our primary 90 days 'Buy-Sell' recommendation on the firm is
Strong Sell.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, 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 Vlad Skutelnik do not own shares of Lucid Group. Please refer to our
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