Luminar Total Assets from 2010 to 2024
LAZR Stock | USD 10.86 0.53 4.65% |
Total Assets | First Reported 2019-03-31 | Previous Quarter 467.9 M | Current Value 381.8 M | Quarterly Volatility 222.8 M |
Check Luminar Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luminar Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.3 M, Interest Expense of 11.6 M or Selling General Administrative of 87.9 M, as well as many indicators such as Price To Sales Ratio of 16.54, Dividend Yield of 0.0 or Days Sales Outstanding of 134. Luminar financial statements analysis is a perfect complement when working with Luminar Technologies Valuation or Volatility modules.
Luminar | Total Assets |
Latest Luminar Technologies' Total Assets Growth Pattern
Below is the plot of the Total Assets of Luminar Technologies over the last few years. Total assets refers to the total amount of Luminar Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Luminar Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Luminar Technologies' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Luminar Technologies' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 512.37 M | 10 Years Trend |
|
Total Assets |
Timeline |
Luminar Total Assets Regression Statistics
Arithmetic Mean | 208,996,122 | |
Geometric Mean | 7,147,381 | |
Coefficient Of Variation | 149.07 | |
Mean Deviation | 271,158,460 | |
Median | 489,864 | |
Standard Deviation | 311,545,012 | |
Sample Variance | 97060.3T | |
Range | 883M | |
R-Value | 0.77 | |
Mean Square Error | 42200T | |
R-Squared | 0.60 | |
Significance | 0.0007 | |
Slope | 53,793,400 | |
Total Sum of Squares | 1358844.1T |
Luminar Total Assets History
Other Fundumenentals of Luminar Technologies
Luminar Technologies Total Assets component correlations
Click cells to compare fundamentals
About Luminar Technologies Financial Statements
Luminar Technologies shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Luminar Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Luminar Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Luminar Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Assets | 512.4 M | 485.1 M | |
Intangibles To Total Assets | 0.06 | 0.06 |
Pair Trading with Luminar Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luminar Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luminar Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Luminar Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luminar Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luminar Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luminar Technologies to buy it.
The correlation of Luminar Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luminar Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luminar Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Luminar Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.