Luminar Technologies Stock Forward View

Luminar Technologies Additional Predictive Modules

Most predictive techniques to examine Luminar price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Luminar using various technical indicators. When you analyze Luminar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Luminar Technologies is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Luminar Technologies value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Luminar Technologies Naive Prediction Price Forecast For the 1st of February

Given 90 days horizon, the Naive Prediction forecasted value of Luminar Technologies on the next trading day is expected to be -0.26 with a mean absolute deviation of 0.16, mean absolute percentage error of 0.04, and the sum of the absolute errors of 9.55.

Luminar Technologies Stock Forecast Pattern

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Luminar Technologies Price Prediction

Buy or Sell Advice

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Luminar Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Luminar Technologies stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. This model is not at all useful as a medium-long range forecasting tool of Luminar Technologies. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Luminar Technologies. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Luminar Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Luminar Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 0.01 0.12 33.15 Details

Intrinsic Valuation Low Real High 0.00 0.09 33.12 Details

Bollinger Band Projection (param) Low Middle High -0.09 0.59 1.27 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Luminar Technologies. Your research has to be compared to or analyzed against Luminar Technologies' peers to derive any actionable benefits. When done correctly, Luminar Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Luminar Technologies.

Luminar Technologies After-Hype Price Density Analysis

Luminar Technologies Estimiated After-Hype Price Volatility

Luminar Technologies Stock Price Outlook Analysis

Notes

Luminar Technologies Hype Timeline

Luminar Technologies is now traded for 0.09. The entity has historical hype elasticity of 1.66, and average elasticity to hype of competition of 0.09. Luminar is forecasted to increase in value after the next headline, with the price projected to jump to 0.12 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 29.33%, whereas the daily expected return is now at -2.41%. The volatility of related hype on Luminar Technologies is about 84934.29%, with the expected price after the next announcement by competition of 0.18. Luminar Technologies currently holds 534.65 M in liabilities. Luminar Technologies has a current ratio of 9.66, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Luminar Technologies' use of debt, we should always consider it together with its cash and equity.Given the investment horizon of 90 days the next forecasted press release will be in about 16 days. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Luminar Technologies Related Hype Analysis

Luminar Technologies Related Equities

Risk & Return

Correlation

Luminar Technologies Market Strength Events

Luminar Technologies Risk Indicators

Story Coverage note for Luminar Technologies

Luminar Technologies Short Properties

Other Consideration for investing in Luminar Stock