Luna Competitors

Stocks . USA . 
Stock . Luna Innovations Incorporated
LUNA Stock  USD 1.78  0.04  2.20%   
Luna Innovations competes with ESCO Technologies, Know Labs, Focus Universal, Sono Tek, and Mesa Laboratories; as well as few others. The company conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Analyzing Luna Innovations competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Luna Innovations to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Luna Innovations Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Luna Innovations competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.091.747.32
Details
Intrinsic
Valuation
LowRealHigh
0.193.829.40
Details
Naive
Forecast
LowNextHigh
0.041.867.44
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.491.691.90
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Luna Innovations Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Luna Innovations and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Luna and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Luna Innovations does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ITRI
+ 0.72
ESE
NOVT
+ 0.59
MLAB
VPG
+ 0.59
MLAB
SOTK
+ 0.55
ESE
FCUV
+ 0.52
KNW
ITRI
+ 0.44
SOTK
  
High negative correlations   
VPG
- 0.75
ESE
CPTN
- 0.72
KNW
CPTN
- 0.67
FCUV
SOTK
- 0.63
KNW
MLAB
- 0.56
ESE
MLAB
- 0.5
SOTK

Risk-Adjusted Indicators

There is a big difference between Luna Stock performing well and Luna Innovations Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Luna Innovations' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ESE  1.15  0.33  0.15  3.11  1.12 
(1.26)
 3.07 
(1.64)
 11.48 
KNW  3.60 (0.10) 0.00  0.24  0.00 
 0.00 
 7.41 
(9.09)
 22.62 
FCUV  6.19  0.82  0.08  39.00  6.99 
(9.34)
 13.33 
(12.82)
 72.41 
SOTK  1.85  0.25  0.04 (0.46) 1.84 
(2.32)
 3.72 
(2.71)
 13.93 
MLAB  2.54 (0.49) 0.00 (0.05) 0.00 
 0.00 
 3.47 
(5.50)
 23.18 
NOVT  1.48 (0.38) 0.00 (0.08) 0.00 
 0.00 
 2.84 
(2.60)
 14.41 
FTV  1.03  0.10  0.00  1.48  1.16 
(1.12)
 2.09 
(1.69)
 6.53 
VPG  1.73 (0.39) 0.00 (0.21) 0.00 
 0.00 
 3.24 
(3.47)
 11.08 
ITRI  1.47  0.13  0.08  0.24  1.61 
(1.65)
 3.35 
(2.59)
 10.19 
CPTN  0.32  0.03 (0.17) 2.37  0.25 
(0.52)
 0.66 
(0.65)
 2.60 
All Fundamental Data

Luna Innovations Competitive Analysis

The better you understand Luna Innovations competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Luna Innovations' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Luna Innovations' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
LUNA ESE KNW FCUV SOTK MLAB NOVT FTV VPG ITRI
 2.20 
 1.78 
Luna
 1.64 
 148.89 
ESCO
 4.35 
 0.24 
Know
 3.85 
 0.25 
Focus
 0.64 
 4.66 
Sono
 1.63 
 118.35 
Mesa
 1.55 
 164.03 
Novanta
 0.90 
 78.96 
Fortive
 1.78 
 22.84 
Vishay
 1.09 
 119.29 
Itron
Market Volatility
(90 Days Market Risk)
Risky
Very steady
Out of control
Out of control
Somewhat reliable
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Solid
Very Weak
OK
OK
Very Weak
Very Weak
OK
Very Weak
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Very Low
Very High
Below Average
Very Low
Below Average
Very Small
Low
Low
Very Small
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Under Valued
Fairly Valued
Under Valued
Under Valued
Fairly Valued
Over Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Not Available
Not Available
Not Available
Not Available
Not Available
Buy
Buy
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Hold
Strong Sell
Strong Sell
Strong Sell
Hold
Hold
Hold
Cautious Hold
Hold
Current Ratio
2.38
1.8
1.82
23.35
3.64
2.9
2.01
0.94
4.0
1.64
Net Asset
151.01 M
1.68 B
3.66 M
5.33 M
23.13 M
446.8 M
1.23 B
16.91 B
471.57 M
2.6 B
Profit Margin
-0.0182
0.0995
N/A
-2.65
0.0735
-1.08
0.0652
0.14
0.0413
0.0937
EBITDA
6.89 M
193.61 M
(15.14 M)
(4.51 M)
1.78 M
(238.38 M)
164.16 M
1.13 B
57.96 M
226.91 M
Operating Margin
0.0375
0.0881
N/A
-23.54
0.0554
0.0685
0.14
0.19
0.0517
0.12
Current Valuation
99.34 M
3.9 B
26.94 M
13.07 M
61.15 M
831.01 M
6.41 B
30.6 B
272.08 M
5.64 B
Price To Book
0.69
3.1
47.22
3.35
4.27
3.92
8.06
2.61
0.9
3.97
Retained Earnings
(2.3 M)
989.32 M
(138.74 M)
(22.58 M)
6.35 M
(183.49 M)
203.46 M
7.51 B
182.07 M
(428.41 M)
Current Asset
38.75 M
323.48 M
N/A
177 K
4.96 M
10.74 M
208.74 M
1.59 B
162.21 M
114.49 M
Five Year Return
N/A
0.42
N/A
N/A
N/A
0.29
N/A
0.4
N/A
N/A
Beta
1.62
1.08
1.56
-0.24
-0.28
0.87
1.29
1.17
1.17
1.47
Number Of Employees
337
3.13 K
15
43
82
736
2.9 K
18 K
2.3 K
5.08 K
Shares Outstanding
34.7 M
25.75 M
108.1 M
71.78 M
15.75 M
5.43 M
35.92 M
346.95 M
12.22 M
45.09 M
Cash Flow From Operations
(13.42 M)
127.54 M
(12.83 M)
(3.53 M)
1.16 M
44.13 M
120.08 M
1.35 B
45.89 M
124.97 M
Annual Yield
N/A
0.0023
N/A
N/A
N/A
0.0055
N/A
0.004
N/A
N/A
Total Debt
28.32 M
138.55 M
5.08 M
1.12 M
6.85 M
231.3 M
404.56 M
3.81 B
58.48 M
502.46 M
Return On Equity
-0.0123
0.0866
-18.67
-0.48
0.0938
-0.89
0.0867
0.0862
0.0411
0.17
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
0.0055
0.0496
-2.5
-0.57
0.0346
0.0169
0.0535
0.0443
0.0394
0.0544
Number Of Shares Shorted
1.87 M
263.3 K
1.3 M
108.53 K
11.6 K
150.21 K
1.71 M
2.91 M
175.98 K
2.93 M
Book Value Per Share
2.79
38.84
-0.053
0.076
1.08
29.79
20.67
30.43
24.97
29.95
Current Liabilities
15.33 M
158.08 M
N/A
297 K
728.95 K
657 K
36.6 M
1.32 B
41.14 M
63.46 M
Total Asset
151.01 M
1.68 B
3.66 M
5.33 M
23.13 M
446.8 M
1.23 B
16.91 B
471.57 M
2.6 B
Debt To Equity
0.3
0.17
0.51
0.03
0.091
0.57
0.87
0.38
0.3
0.44
Short Ratio
8.85
2.85
2.6
0.66
0.9
3.32
10.71
0.96
1.82
6.19
Target Price
8.5
147.75
1.0
N/A
9.63
133.33
178.0
88.01
27.25
127.23
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
0.64
N/A
0.32
N/A
N/A
Shares Owned By Institutions
47.96
98.45
4.83
4.05
47.91
91.82
99.13
95.93
93.03
98.77
Market Capitalization
63.15 M
3.81 B
24.97 M
18.23 M
73.87 M
632.49 M
5.99 B
27.55 B
297.07 M
5.32 B
Price To Earning
17.66
30.37
N/A
N/A
69.44
433.94
126.2
35.27
49.58
44.99
Price To Earnings To Growth
N/A
1.96
N/A
N/A
N/A
N/A
2.11
1.3
1.63
0.96
Price To Sales
0.54
3.81
15.57
16.91
3.58
2.77
6.49
4.45
0.92
2.21
Net Income
(2.12 M)
101.88 M
(16.58 M)
(4.72 M)
1.44 M
(254.25 M)
72.88 M
865.8 M
25.71 M
96.92 M
Earnings Per Share
-0.03
3.92
-0.2
-0.05
0.09
-45.63
1.67
2.5
1.01
4.87
Shares Owned By Insiders
8.07
1.55
26.05
46.75
16.2
5.78
0.87
0.31
3.26
1.23
Revenue
116.61 M
1.03 B
N/A
1.05 M
19.7 M
216.19 M
881.66 M
6.07 B
355.05 M
2.17 B
Working Capital
54.24 M
266.44 M
(2.05 M)
3.42 M
12.12 M
65.04 M
276.12 M
1.88 B
181.44 M
512.2 M
Cash And Equivalents
7.89 M
97.72 M
12.59 M
6.82 M
10.66 M
43.75 M
100.49 M
709.2 M
88.56 M
208.5 M
Cash Per Share
0.24
3.76
0.19
0.16
0.68
8.23
2.82
1.99
5.82
4.62
Gross Profit
66.5 M
375.66 M
4.36 M
298.13 K
8.61 M
116.55 M
378.63 M
3.36 B
151.29 M
522.19 M
Day Typical Price
1.79
149.67
0.25
0.25
4.66
118.08
165.23
78.96
22.98
119.05
Accumulation Distribution
0.0851
0.025
0.0769
0.11
0.04
0.0298
0.0265
0.0117
0.0871
0.0168
Market Facilitation Index
0.16
3.8
0.02
0.03
0.19
3.57
4.45
0.93
2.1
2.01
Daily Balance Of Power
(0.25)
(0.66)
0.5
(0.33)
(0.16)
0.5322
(0.58)
(0.77)
0.1905
0.6418
Period Momentum Indicator
(0.04)
(2.49)
0.01
(0.01)
(0.03)
1.9
(2.59)
(0.72)
0.4
1.29
Rate Of Daily Change
0.98
0.98
1.04
0.96
0.99
1.02
0.98
0.99
1.02
1.01
Day Median Price
1.8
150.06
0.25
0.26
4.65
117.95
165.84
78.96
23.05
118.93
Price Action Indicator
(0.04)
(2.42)
(0.01)
(0.01)
(0.01)
1.35
(3.10)
(0.36)
(0.01)
1.01
Coefficient Of Variation
(1,860)
500.17
(2,654)
1120.49
1155.06
(2,788)
(1,486)
1099.35
(894.71)
755.43
Mean Deviation
4.0
1.15
3.6
6.19
1.85
2.54
1.48
1.03
1.73
1.47
Jensen Alpha
(0.29)
0.3289
(0.1)
0.8243
0.2504
(0.49)
(0.38)
0.1033
(0.39)
0.1329
Total Risk Alpha
(1.15)
0.0768
(0.92)
(0.58)
(0.17)
(0.68)
(0.50)
(0.09)
(0.59)
(0.05)
Sortino Ratio
N/A
0.152
N/A
0.0772
0.0404
N/A
N/A
(0)
N/A
0.0784
Downside Variance
N/A
2.21
N/A
85.01
4.37
N/A
N/A
1.62
N/A
3.17
Standard Deviation
5.58
1.76
4.82
9.38
2.42
3.59
2.25
1.34
2.19
2.0
Kurtosis
1.36
9.37
0.5017
6.41
1.35
3.06
7.52
0.7058
0.0089
2.25
Potential Upside
8.38
3.07
7.41
13.33
3.72
3.47
2.84
2.09
3.24
3.35
Treynor Ratio
1.47
3.11
0.2396
39.0
(0.46)
(0.05)
(0.08)
1.48
(0.21)
0.2409
Maximum Drawdown
27.75
11.48
22.62
72.41
13.93
23.18
14.41
6.53
11.08
10.19
Variance
31.12
3.09
23.24
87.91
5.87
12.9
5.06
1.8
4.81
4.01
Market Risk Adjusted Performance
1.48
3.12
0.2496
39.01
(0.45)
(0.04)
(0.07)
1.49
(0.20)
0.2509
Risk Adjusted Performance
(0.03)
0.1588
(0.02)
0.0776
0.0732
(0.02)
(0.04)
0.074
(0.08)
0.1076
Skewness
0.2643
1.66
0.3833
0.8906
0.7309
(0.46)
1.33
0.1311
0.0182
0.5511
Semi Deviation
N/A
1.12
N/A
6.99
1.84
N/A
N/A
1.16
N/A
1.61
Information Ratio
(0.08)
0.1286
(0.06)
0.0759
0.0348
(0.07)
(0.12)
(0)
(0.17)
0.0697
Value At Risk
(9.36)
(1.64)
(9.09)
(12.82)
(2.71)
(5.50)
(2.60)
(1.69)
(3.47)
(2.59)
Expected Short fall
N/A
(1.26)
N/A
(9.34)
(2.32)
N/A
N/A
(1.12)
N/A
(1.65)
Downside Deviation
N/A
1.49
N/A
9.22
2.09
N/A
N/A
1.27
N/A
1.78
Semi Variance
N/A
1.25
N/A
48.91
3.4
N/A
N/A
1.35
N/A
2.59

Luna Innovations Competition Performance Charts

Five steps to successful analysis of Luna Innovations Competition

Luna Innovations' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Luna Innovations in relation to its competition. Luna Innovations' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Luna Innovations in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Luna Innovations' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Luna Innovations, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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When determining whether Luna Innovations offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Luna Innovations' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Luna Innovations Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Luna Innovations Incorporated Stock:
How To Invest In Luna
Details
Is Luna Stock a good investment?
Details
What is Luna Innovations' Net Worth?
Details
Largest Electronic Equipment, Instruments & Components Companies
View
Largest Scientific & Technical Instruments Companies
View
Check out Luna Innovations Correlation with its peers.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Electronic Equipment, Instruments & Components space 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 Luna Innovations. If investors know Luna 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 Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' 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 Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Luna Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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