Lucara Diamond Financials
| LUC Stock | SEK 3.00 0.09 2.91% |
Lucara |
Please note, the imprecision that can be found in Lucara Diamond's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lucara Diamond Corp. Check Lucara Diamond's Beneish M Score to see the likelihood of Lucara Diamond's management manipulating its earnings.
Lucara Diamond Stock Summary
Lucara Diamond competes with Africa Oil, Lundin Gold, Lundin Mining, and Inwido AB. Lucara Diamond Corp., a diamond mining company, engages in the acquisition, exploration, development, and operation of diamond properties in Africa. Lucara Diamond Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. Lucara Diamond operates under Industrial Metals Minerals classification in Sweden and is traded on Stockholm Stock Exchange. It employs 285 people.| Foreign Associates | |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | CA54928Q1081 |
| Business Address | 1250 Homer Street, |
| Sector | Basic Materials |
| Industry | Industrial Metals & Minerals |
| Benchmark | Dow Jones Industrial |
| Website | lucaradiamond.com |
| Phone | 604 674 0272 |
| Currency | SEK - Swedish Kronor |
You should never invest in Lucara Diamond without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lucara Stock, because this is throwing your money away. Analyzing the key information contained in Lucara Diamond's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Lucara Diamond Key Financial Ratios
Lucara Diamond's financial ratios allow both analysts and investors to convert raw data from Lucara Diamond's financial statements into concise, actionable information that can be used to evaluate the performance of Lucara Diamond over time and compare it to other companies across industries.Lucara Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Lucara Diamond's current stock value. Our valuation model uses many indicators to compare Lucara Diamond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lucara Diamond competition to find correlations between indicators driving Lucara Diamond's intrinsic value. More Info.Lucara Diamond Corp is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lucara Diamond Corp is roughly 1.56 . 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 Lucara Diamond's earnings, one of the primary drivers of an investment's value.Lucara Diamond Corp Systematic Risk
Lucara Diamond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lucara Diamond volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Lucara Diamond Corp correlated with the market. If Beta is less than 0 Lucara Diamond generally moves in the opposite direction as compared to the market. If Lucara Diamond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lucara Diamond Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lucara Diamond is generally in the same direction as the market. If Beta > 1 Lucara Diamond moves generally in the same direction as, but more than the movement of the benchmark.
Lucara Diamond January 24, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Lucara Diamond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lucara Diamond Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lucara Diamond Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lucara Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lucara Diamond's daily price indicators and compare them against related drivers.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 21.33 | |||
| Value At Risk | (4.65) | |||
| Potential Upside | 3.79 |
Additional Tools for Lucara Stock Analysis
When running Lucara Diamond's price analysis, check to measure Lucara Diamond'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 Lucara Diamond is operating at the current time. Most of Lucara Diamond's value examination focuses on studying past and present price action to predict the probability of Lucara Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucara Diamond's price. Additionally, you may evaluate how the addition of Lucara Diamond to your portfolios can decrease your overall portfolio volatility.