Lucid Competitors
| LCID Stock | USD 9.88 0.04 0.40% |
Lucid vs Thor Industries Correlation
Excellent diversification
The correlation between Lucid Group and THO is -0.65 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lucid Group and THO in the same portfolio, assuming nothing else is changed.
Moving together with Lucid Stock
| 0.61 | RNL | Renault SA Earnings Call Today | PairCorr |
Moving against Lucid Stock
| 0.71 | TM | Toyota Motor | PairCorr |
| 0.66 | GM | General Motors | PairCorr |
| 0.58 | BMW3 | Bayerische Motoren Werke | PairCorr |
| 0.49 | F | Ford Motor Aggressive Push | PairCorr |
| 0.45 | HMC | Honda Motor | PairCorr |
Lucid Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Lucid 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 Lucid 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 Lucid Group does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Lucid Stock performing well and Lucid 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 Lucid's 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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GPI | 1.24 | (0.24) | 0.00 | (0.25) | 0.00 | 2.58 | 11.48 | |||
| GNTX | 1.14 | 0.06 | 0.04 | 0.11 | 1.21 | 2.72 | 8.90 | |||
| BBWI | 2.63 | 0.21 | 0.05 | 0.16 | 4.70 | 5.29 | 26.82 | |||
| ABG | 1.55 | 0.01 | 0.02 | 0.05 | 1.98 | 3.65 | 12.64 | |||
| VFS | 1.55 | (0.13) | 0.00 | (0.09) | 0.00 | 2.98 | 9.89 | |||
| REYN | 1.16 | (0.06) | 0.00 | (0.05) | 0.00 | 2.23 | 14.28 | |||
| SEE | 0.73 | 0.22 | 0.18 | (0.30) | 0.49 | 1.70 | 19.98 | |||
| VFC | 2.28 | 0.41 | 0.19 | 0.24 | 2.08 | 5.28 | 16.55 | |||
| LEA | 1.55 | 0.30 | 0.20 | 0.25 | 1.25 | 3.79 | 12.29 | |||
| THO | 1.75 | 0.17 | 0.07 | 0.25 | 2.12 | 4.33 | 14.53 |
Cross Equities Net Income Analysis
Compare Lucid Group and related stocks such as Group 1 Automotive, Gentex, and Bath Body Works Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GPI | 5.8 M | 82.4 M | 100.2 M | 114 M | 93 M | 94 M | 147.1 M | 213.4 M | 157.8 M | 174 M | 286.5 M | 552.1 M | 751.5 M | 601.6 M | 498.2 M | 321.5 M | 180.6 M |
| GNTX | 300 K | 164.7 M | 168.6 M | 222.9 M | 288.6 M | 318.5 M | 347.6 M | 406.8 M | 437.9 M | 424.7 M | 347.6 M | 360.8 M | 318.8 M | 428.4 M | 404.5 M | 384.8 M | 404.1 M |
| BBWI | 145.3 M | 850 M | 753 M | 903 M | 1 B | 1.3 B | 1.2 B | 983 M | 644 M | (366 M) | 844 M | 1.3 B | 800 M | 878 M | 798 M | 917.7 M | 706.6 M |
| ABG | 1.6 M | 67.9 M | 82.2 M | 109.1 M | 111.6 M | 169.2 M | 167.2 M | 139.1 M | 168 M | 184.4 M | 254.4 M | 532.4 M | 997.3 M | 602.5 M | 430.3 M | 492 M | 516.6 M |
| VFS | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (18.9 T) | (32.2 T) | (52.9 T) | (60.2 T) | (77.3 T) | (69.5 T) | (73 T) |
| REYN | 68 M | 68 M | 68 M | 68 M | 68 M | 68 M | 79 M | 302 M | 176 M | 225 M | 363 M | 324 M | 258 M | 298 M | 352 M | 301 M | 274.6 M |
| SEE | 2.9 B | 149.1 M | (1.1 B) | 124.2 M | 258.1 M | 335.4 M | 486.4 M | 814.9 M | 193.1 M | 263 M | 502.9 M | 506.8 M | 491.6 M | 341.6 M | 264.7 M | 238.2 M | 247.4 M |
| VFC | 139.4 M | 888.1 M | 1.2 B | 1.2 B | 1 B | 1.2 B | 1.1 B | 658.6 M | 1.3 B | 679.4 M | 407.9 M | 1.4 B | 118.6 M | (968.9 M) | (189.7 M) | (218.2 M) | (207.3 M) |
| LEA | (13.8 M) | 540.7 M | 1.3 B | 431.4 M | 672.4 M | 745.5 M | 975.1 M | 1.3 B | 1.1 B | 789.5 M | 158.5 M | 373.9 M | 327.7 M | 572.5 M | 506.6 M | 436.8 M | 363.6 M |
| THO | 5.9 M | 121.7 M | 152.9 M | 179 M | 199.4 M | 256.5 M | 374.3 M | 430.2 M | 133.3 M | 223 M | 659.9 M | 1.1 B | 374.3 M | 265.3 M | 258.6 M | 297.3 M | 164.5 M |
Lucid Group and related stocks such as Group 1 Automotive, Gentex, and Bath Body Works Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Lucid Group financial statement analysis. It represents the amount of money remaining after all of Lucid Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Lucid Competitive Analysis
The better you understand Lucid competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Lucid's 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 Lucid's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Lucid Competition Performance Charts
Five steps to successful analysis of Lucid Competition
Lucid's 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 Lucid Group in relation to its competition. Lucid's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Lucid 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 Lucid's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Lucid Group, 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.
Complement your Lucid position
In addition to having Lucid in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
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Check out Lucid Correlation with its peers. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Will Automobile Manufacturers sector continue expanding? Could Lucid diversify its offerings? Factors like these will boost the valuation of Lucid. Expected growth trajectory for Lucid significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Lucid data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (10.51) | Revenue Per Share | Quarterly Revenue Growth 0.683 | Return On Assets | Return On Equity |
Lucid Group's market price often diverges from its book value, the accounting figure shown on Lucid's balance sheet. Smart investors calculate Lucid's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Lucid's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Lucid's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Lucid represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Lucid's 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.