Luminar Technologies Stock Price on November 9, 2024
LAZR Stock | USD 8.45 0.43 4.84% |
If you're considering investing in Luminar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Luminar Technologies stands at 8.45, as last reported on the 3rd of December, with the highest price reaching 8.90 and the lowest price hitting 8.10 during the day. Luminar Technologies has Sharpe Ratio of -0.0876, which conveys that the firm had a -0.0876% return per unit of risk over the last 3 months. Luminar Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luminar Technologies' Risk Adjusted Performance of (0.06), standard deviation of 7.07, and Mean Deviation of 5.46 to check out the risk estimate we provide.
Luminar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Luminar |
Sharpe Ratio = -0.0876
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Estimated Market Risk
7.07 actual daily | 62 62% of assets are less volatile |
Expected Return
-0.62 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 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 Valuation on November 9, 2024
It is possible to determine the worth of Luminar Technologies on a given historical date. On November 9, 2024 Luminar was worth 13.39 at the beginning of the trading date compared to the closed value of 13.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luminar Technologies stock. Still, in general, we apply an absolute valuation method to find Luminar Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Luminar Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luminar Technologies' related companies.
Open | High | Low | Close | Volume | |
13.50 | 13.95 | 12.91 | 13.37 | 2,935,427 | |
11/08/2024 | 13.39 | 13.87 | 12.79 | 13.18 | 2,327,747 |
13.80 | 15.60 | 13.80 | 15.30 | 3,319,300 |
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Luminar Technologies Trading Date Momentum on November 9, 2024
On November 11 2024 Luminar Technologies was traded for 15.30 at the closing time. The top price for the day was 15.60 and the lowest listed price was 13.80 . The trading volume for the day was 3.3 M. The trading history from November 11, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 16.08% . The trading delta at closing time against the current closing price is 0.15% . |
Luminar Technologies Fundamentals Correlations and Trends
By evaluating Luminar Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Luminar Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luminar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luminar Technologies Stock history
Luminar Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Luminar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luminar Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Luminar Technologies stock prices may prove useful in developing a viable investing in Luminar Technologies
Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. The company was founded in 2012 and is headquartered in Orlando, Florida. Luminar Technologies operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 500 people.
Luminar Technologies Stock Technical Analysis
Luminar Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Luminar Technologies Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Luminar Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Luminar Technologies December 3, 2024 Market Strength
Market strength 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 undertsting and applying Luminar Technologies stock market strength indicators, traders can identify Luminar Technologies entry and exit signals to maximize returns
Luminar Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luminar Technologies' price direction in advance. Along with the technical and fundamental analysis of Luminar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luminar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (1.03) | |||
Total Risk Alpha | (1.69) | |||
Treynor Ratio | (0.18) |
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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.