Luminar Technologies Stock Alpha and Beta Analysis
| LAZR Stock | USD 8.88 0.18 1.99% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Luminar Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Luminar Technologies over a specified time horizon. Remember, high Luminar Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Luminar Technologies' market risk premium analysis include:
Beta 3.47 | Alpha (1.01) | Risk 6.99 | Sharpe Ratio (0.08) | Expected Return (0.55) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Luminar |
Luminar Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Luminar Technologies market risk premium is the additional return an investor will receive from holding Luminar Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Luminar Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Luminar Technologies' performance over market.| α | -1.01 | β | 3.47 |
Luminar Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Luminar Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Luminar Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Luminar Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Luminar Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luminar Technologies shares will generate the highest return on investment. By understating and applying Luminar Technologies stock market price indicators, traders can identify Luminar Technologies position entry and exit signals to maximize returns.
Luminar Technologies Return and Market Media
The median price of Luminar Technologies for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 12.59 with a coefficient of variation of 12.72. The daily time series for the period is distributed with a sample standard deviation of 1.62, arithmetic mean of 12.73, and mean deviation of 1.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Heres Why Luminar Technologies, Inc. Fell More Than Broader Market | 10/15/2024 |
2 | Vanguard Group Incs Strategic Reduction in Luminar Technologies Inc Shares | 11/05/2024 |
3 | Acquisition by Aeg Holdings, Llc of 9496 shares of Luminar Technologies at 5.265 subject to Rule 16b-3 | 11/08/2024 |
4 | Luminar Technologies reports Q3 results | 11/11/2024 |
5 | Baird reiterates Outperform rating, 3 target on Luminar stock | 11/12/2024 |
6 | Luminar Technologies Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag | 11/13/2024 |
7 | Luminar Technologies adds new director, approves reverse stock split | 11/15/2024 |
8 | Do Redditors Think That Luminar Technologies Inc. Has a Big Upside Potential | 11/21/2024 |
9 | Acquisition by Austin Russell of 25000 shares of Luminar Technologies at 9.3948 subject to Rule 16b-3 | 11/26/2024 |
About Luminar Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Luminar or other stocks. Alpha measures the amount that position in Luminar Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.2 | 5.42 | 6.75 | 3.62 | Days Of Inventory On Hand | 81.9 | 31.78 | 31.25 | 29.68 |
Luminar Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Luminar Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Luminar Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Luminar Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Luminar Technologies. Please utilize our Beneish M Score to check the likelihood of Luminar Technologies' management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional 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.