Luminar Financial Statements From 2010 to 2026
| LRGR Stock | USD 0.65 0.04 5.80% |
Check Luminar Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luminar Media's main balance sheet or income statement drivers, such as , as well as many indicators such as . Luminar financial statements analysis is a perfect complement when working with Luminar Media Valuation or Volatility modules.
Luminar |
Luminar Media Group Company Current Valuation Analysis
Luminar Media's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Luminar Media Current Valuation | 153.06 K |
Most of Luminar Media's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Luminar Media Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Luminar Media Group has a Current Valuation of 153.06 K. This is 100.0% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Luminar Media Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Luminar Media's current stock value. Our valuation model uses many indicators to compare Luminar Media value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Luminar Media competition to find correlations between indicators driving Luminar Media's intrinsic value. More Info.Luminar Media Group is currently regarded as number one stock in return on asset category among its peers. It also is considered the number one company in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Luminar Media's earnings, one of the primary drivers of an investment's value.About Luminar Media Financial Statements
Luminar Media shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Luminar Media investors may analyze each financial statement separately, they are all interrelated. The changes in Luminar Media's assets and liabilities, for example, are also reflected in the revenues and expenses on on Luminar Media's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Luminar Media Group, Inc., a development stage company, focuses on providing professional services to the music recording industry in the United States. Luminar Media Group, Inc. was founded in 2010 and is based in Toronto, Canada. Luminar Media operates under Shell Companies classification in the United States and is traded on OTC Exchange.
Pair Trading with Luminar Media
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 Media 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 Media will appreciate offsetting losses from the drop in the long position's value.Moving against Luminar Pink Sheet
| 0.62 | AUR | Aurora Innovation | PairCorr |
| 0.6 | XXI | Twenty One Capital, | PairCorr |
| 0.58 | MNTN | MNTN, Inc | PairCorr |
| 0.48 | GRAB | Grab Holdings | PairCorr |
| 0.44 | PLUG | Plug Power | PairCorr |
The ability to find closely correlated positions to Luminar Media 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 Media 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 Media - 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 Media Group to buy it.
The correlation of Luminar Media 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 Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luminar Media Group 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 Media 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 Pink Sheet Analysis
When running Luminar Media's price analysis, check to measure Luminar Media'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 Luminar Media is operating at the current time. Most of Luminar Media's value examination focuses on studying past and present price action to predict the probability of Luminar Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Media's price. Additionally, you may evaluate how the addition of Luminar Media to your portfolios can decrease your overall portfolio volatility.