Luminar Technologies Stock Performance
| LAZR Stock | USD 1.31 0.05 3.97% |
The company secures a Beta (Market Risk) of 4.05, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Luminar Technologies will likely underperform. Luminar Technologies has an expected return of -0.74%. Please make sure to verify Luminar Technologies information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Luminar Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Luminar Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Even with abnormal performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in May 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
1 | Should You Hold Luminar Technologies Inc Stock Thursday Morning - InvestorsObserver | 02/15/2024 |
2 | Disposition of 177 shares by Thomas Fennimore of Luminar Technologies at 2.19 subject to Rule 16b-3 | 03/05/2024 |
3 | Luminar Technologies, Inc. Investigation Bronstein, Gewirtz Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings | 03/15/2024 |
4 | Premarket Mover Luminar Technologies Inc Up 2.35 percent - InvestorsObserver | 03/20/2024 |
5 | Hesai Leapmotor Deepen Ties for Lidar Integration | 03/22/2024 |
6 | Luminar Technologies Sets New 12-Month Low at 1.63 - MarketBeat | 03/25/2024 |
7 | Should You Sell Luminar Technologies Inc Stock Monday Morning - InvestorsObserver | 04/01/2024 |
8 | Energy Vault Appoints Michael Beer as Chief Financial Officer | 04/04/2024 |
9 | Disposition of 59957 shares by Heng Jun Hong of Luminar Technologies at 14.0317 subject to Rule 16b-3 | 04/05/2024 |
10 | With Luminar Technologies, Inc. It Looks Like Youll Get What You Pay For | 04/09/2024 |
11 | Luminar bolsters executive team amid growth | 04/12/2024 |
12 | Luminar to Report Q124 Financial Results on May 7, 2024 | 04/15/2024 |
| Begin Period Cash Flow | 71.1 M |
Luminar |
Luminar Technologies Relative Risk vs. Return Landscape
If you would invest 235.00 in Luminar Technologies on January 20, 2024 and sell it today you would lose (104.00) from holding Luminar Technologies or give up 44.26% of portfolio value over 90 days. Luminar Technologies is currently does not generate positive expected returns and assumes 6.0881% risk (volatility on return distribution) over the 90 days horizon. In different words, 53% of stocks are less volatile than Luminar, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Luminar Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Luminar Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Luminar Technologies, and traders can use it to determine the average amount a Luminar Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1216
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Estimated Market Risk
| 6.09 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.74 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Luminar Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Luminar Technologies by adding Luminar Technologies to a well-diversified portfolio.
Luminar Technologies Fundamentals Growth
Luminar Stock prices reflect investors' perceptions of the future prospects and financial health of Luminar Technologies, and Luminar Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Luminar Stock performance.
| Return On Equity | -24.25 | ||||
| Return On Asset | -0.57 | ||||
| Operating Margin | (6.02) % | ||||
| Current Valuation | 898.2 M | ||||
| Shares Outstanding | 324.8 M | ||||
| Price To Book | 60.04 X | ||||
| Price To Sales | 7.86 X | ||||
| Revenue | 69.78 M | ||||
| Gross Profit | (60.28 M) | ||||
| EBITDA | (501.1 M) | ||||
| Net Income | (571.27 M) | ||||
| Cash And Equivalents | 553.05 M | ||||
| Cash Per Share | 1.52 X | ||||
| Total Debt | 660.66 M | ||||
| Current Ratio | 9.86 X | ||||
| Book Value Per Share | (0.54) X | ||||
| Cash Flow From Operations | (247.3 M) | ||||
| Earnings Per Share | (1.47) X | ||||
| Market Capitalization | 527.36 M | ||||
| Total Asset | 512.37 M | ||||
| Retained Earnings | (1.84 B) | ||||
| Working Capital | 266.75 M | ||||
About Luminar Technologies Performance
To evaluate Luminar Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Luminar Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Luminar Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Luminar Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Luminar's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 31.25 | 29.68 | |
| Return On Tangible Assets | (1.19) | (1.24) | |
| Return On Capital Employed | (1.31) | (1.38) | |
| Return On Assets | (1.11) | (1.17) | |
| Return On Equity | 2.54 | 2.60 |
Things to note about Luminar Technologies performance evaluation
Checking the ongoing alerts about Luminar Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Luminar Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Luminar Technologies generated a negative expected return over the last 90 days | |
| Luminar Technologies has high historical volatility and very poor performance | |
| Luminar Technologies may become a speculative penny stock | |
| Luminar Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 69.78 M. Net Loss for the year was (571.27 M) with loss before overhead, payroll, taxes, and interest of (60.28 M). | |
| Luminar Technologies currently holds about 553.05 M in cash with (247.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Luminar Technologies has a frail financial position based on the latest SEC disclosures | |
| Latest headline from businesswire.com: Luminar to Report Q124 Financial Results on May 7, 2024 |
- Analyzing Luminar Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Luminar Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Luminar Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Luminar Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Luminar Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Luminar Technologies' stock. These opinions can provide insight into Luminar Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Luminar Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.Note that the Luminar Technologies information on this page should be used as a complementary analysis to other Luminar Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Luminar Stock analysis
When running Luminar Technologies' price analysis, check to measure Luminar Technologies' 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 Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
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| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is Luminar Technologies' 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 Luminar Technologies. If investors know Luminar 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 Luminar Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.47) | Revenue Per Share 0.179 | Quarterly Revenue Growth 0.988 | Return On Assets (0.57) | Return On Equity (24.25) |
The market value of Luminar Technologies is measured differently than its book value, which is the value of Luminar that is recorded on the company's balance sheet. Investors also form their own opinion of Luminar Technologies' value that differs from its market value or its book value, called intrinsic value, which is Luminar Technologies' 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 Luminar Technologies' market value can be influenced by many factors that don't directly affect Luminar Technologies' 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 Luminar Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luminar Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luminar Technologies' 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.