Lucid Group Stock Price on December 27, 2024
LCID Stock | USD 2.42 0.14 6.14% |
If you're considering investing in Lucid Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lucid stands at 2.42, as last reported on the 22nd of March, with the highest price reaching 2.44 and the lowest price hitting 2.26 during the day. Lucid Group has Sharpe Ratio of -0.0643, which conveys that the firm had a -0.0643 % return per unit of risk over the last 3 months. Lucid exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lucid's Mean Deviation of 3.52, risk adjusted performance of (0.05), and Standard Deviation of 4.64 to check out the risk estimate we provide.
Lucid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lucid |
Sharpe Ratio = -0.0643
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Estimated Market Risk
4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lucid 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 Lucid by adding Lucid to a well-diversified portfolio.
Lucid Valuation on December 27, 2024
It is possible to determine the worth of Lucid on a given historical date. On December 27, 2024 Lucid was worth 3.29 at the beginning of the trading date compared to the closed value of 3.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lucid stock. Still, in general, we apply an absolute valuation method to find Lucid's 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 Lucid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lucid's related companies.
Open | High | Low | Close | Volume | |
3.17 | 3.35 | 3.14 | 3.30 | 123,163,000 | |
12/27/2024 | 3.29 | 3.37 | 3.10 | 3.20 | 89,097,600 |
3.19 | 3.23 | 3.02 | 3.15 | 97,113,000 |
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Lucid Trading Date Momentum on December 27, 2024
On December 30 2024 Lucid Group was traded for 3.15 at the closing time. The top price for the day was 3.23 and the lowest listed price was 3.02 . The trading volume for the day was 97.1 M. The trading history from December 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.56% . The trading delta at closing time against the current closing price is 12.81% . |
Lucid Group Fundamentals Correlations and Trends
By evaluating Lucid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lucid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lucid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lucid Stock history
Lucid 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 Lucid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lucid Group 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 Lucid stock prices may prove useful in developing a viable investing in Lucid
Lucid Group, Inc. a technology and automotive company, develops electric vehicle technologies. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California. Lucid operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 00 people.
Lucid Stock Technical Analysis
Lucid 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
Lucid Period Price Range
Low | March 22, 2025
| High |
0.00 | 0.00 |
Lucid Group 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.
Lucid March 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Lucid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lucid shares will generate the highest return on investment. By undertsting and applying Lucid stock market strength indicators, traders can identify Lucid Group entry and exit signals to maximize returns
Lucid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lucid's price direction in advance. Along with the technical and fundamental analysis of Lucid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lucid 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 | (0.05) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | 0.0438 | |||
Treynor Ratio | 0.7411 |
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Volume Indicators |
Complementary Tools for Lucid Stock analysis
When running Lucid's price analysis, check to measure Lucid's 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 Lucid is operating at the current time. Most of Lucid's value examination focuses on studying past and present price action to predict the probability of Lucid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucid's price. Additionally, you may evaluate how the addition of Lucid to your portfolios can decrease your overall portfolio volatility.
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