Luminar Technologies Stock Probability of Future Stock Price Finishing Under 0.07

LAZR Stock  USD 6.42  0.51  7.36%   
Luminar Technologies' future price is the expected price of Luminar Technologies instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Luminar Technologies performance during a given time horizon utilizing its historical volatility. Check out Luminar Technologies Backtesting, Luminar Technologies Valuation, Luminar Technologies Correlation, Luminar Technologies Hype Analysis, Luminar Technologies Volatility, Luminar Technologies History as well as Luminar Technologies Performance.
To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.
  
As of 12/14/2024, Price To Sales Ratio is likely to drop to 248.09. In addition to that, Price Earnings Ratio is likely to drop to -33.49. Please specify Luminar Technologies' target price for which you would like Luminar Technologies odds to be computed.

Luminar Technologies Target Price Odds to finish below 0.07

The tendency of Luminar Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 0.07  or more in 90 days
 6.42 90 days 0.07 
near 1
Based on a normal probability distribution, the odds of Luminar Technologies to drop to $ 0.07  or more in 90 days from now is near 1 (This Luminar Technologies probability density function shows the probability of Luminar Stock to fall within a particular range of prices over 90 days) . Probability of Luminar Technologies price to stay between $ 0.07  and its current price of $6.42 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.43 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Luminar Technologies will likely underperform. Additionally Luminar Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Luminar Technologies Price Density   
       Price  

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
LowEstimatedHigh
0.316.1312.90
Details
Intrinsic
Valuation
LowRealHigh
1.508.2715.04
Details
7 Analysts
Consensus
LowTargetHigh
9.4510.3811.52
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-2.62-2.51-2.4
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 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Luminar Technologies is not an exception. The market had few large corrections towards the Luminar Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Luminar Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Luminar Technologies within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-1
β
Beta against Dow Jones3.43
σ
Overall volatility
2.32
Ir
Information ratio -0.11

Luminar Technologies Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Luminar Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Luminar Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Luminar Technologies generated a negative expected return over the last 90 days
Luminar Technologies has high historical volatility and very poor performance
Luminar Technologies has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 69.78 M. Net Loss for the year was (571.27 M) with loss before overhead, payroll, taxes, and interest of (60.28 M).
Luminar Technologies currently holds about 553.05 M in cash with (247.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52.
Luminar Technologies has a frail financial position based on the latest SEC disclosures
Latest headline from kalkinemedia.com: Luminar Technologies Announces Key Executive Appointments to Drive Growth in 2025

Luminar Technologies Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Luminar Stock often depends not only on the future outlook of the current and potential Luminar Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Luminar Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding389.4 M
Cash And Short Term Investments289.8 M

Luminar Technologies Technical Analysis

Luminar Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Luminar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Luminar Technologies. In general, you should focus on analyzing Luminar Stock price patterns and their correlations with different microeconomic environments and drivers.

Luminar Technologies Predictive Forecast Models

Luminar Technologies' time-series forecasting models is one of many Luminar Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Luminar Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Luminar Technologies

Checking the ongoing alerts about Luminar Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Luminar Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Luminar Technologies generated a negative expected return over the last 90 days
Luminar Technologies has high historical volatility and very poor performance
Luminar Technologies has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 69.78 M. Net Loss for the year was (571.27 M) with loss before overhead, payroll, taxes, and interest of (60.28 M).
Luminar Technologies currently holds about 553.05 M in cash with (247.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.52.
Luminar Technologies has a frail financial position based on the latest SEC disclosures
Latest headline from kalkinemedia.com: Luminar Technologies Announces Key Executive Appointments to Drive Growth in 2025

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.