Luna Innovations Incorporated Stock Price on September 30, 2023
| LUNA Stock | USD 1.88 0.02 1.08% |
Below is the normalized historical share price chart for Luna Innovations Incorporated extending back to June 02, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Luna Innovations stands at 1.88, as last reported on the 26th of November, with the highest price reaching 2.14 and the lowest price hitting 1.86 during the day.
If you're considering investing in Luna Stock, it is important to understand the factors that can impact its price. Luna Innovations has Sharpe Ratio of -0.0367, which conveys that the firm had a -0.0367% return per unit of risk over the last 3 months. Luna Innovations exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luna Innovations' Risk Adjusted Performance of (0.04), standard deviation of 5.52, and Mean Deviation of 3.95 to check out the risk estimate we provide.
At present, Luna Innovations' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 39.4 M, whereas Other Stockholder Equity is forecasted to decline to about 66.6 M. . At present, Luna Innovations' Price To Sales Ratio is projected to increase based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 117.71, whereas Price Earnings To Growth Ratio is projected to grow to (0.45). Luna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 2006 | 200 Day MA 3.0848 | 50 Day MA 1.8438 | Beta 1.622 |
Luna |
Sharpe Ratio = -0.0367
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| Negative Returns | LUNA |
Estimated Market Risk
| 5.61 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Luna Innovations is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Luna Innovations by adding Luna Innovations to a well-diversified portfolio.
Price Book 0.6821 | Enterprise Value Ebitda 16.4651 | Price Sales 0.5534 | Shares Float 23 M | Wall Street Target Price 8.5 |
Luna Innovations Valuation on September 30, 2023
It is possible to determine the worth of Luna Innovations on a given historical date. On September 30, 2023 Luna was worth 5.92 at the beginning of the trading date compared to the closed value of 5.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Luna Innovations stock. Still, in general, we apply an absolute valuation method to find Luna Innovations' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Luna Innovations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Luna Innovations' related companies.
| Open | High | Low | Close | Volume | |
| 5.85 | 5.98 | 5.85 | 5.87 | 99,440 | |
09/29/2023 | 5.92 | 5.94 | 5.74 | 5.86 | 135,650 |
| 5.86 | 5.90 | 5.79 | 5.88 | 99,245 |
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Luna Innovations Trading Date Momentum on September 30, 2023
| On October 02 2023 Luna Innovations Incorporated was traded for 5.88 at the closing time. The top price for the day was 5.90 and the lowest listed price was 5.79 . The trading volume for the day was 99.2 K. The trading history from October 2, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.34% . The trading delta at closing time against the current closing price is 8.87% . |
Luna Innovations Fundamentals Correlations and Trends
By evaluating Luna Innovations' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Luna Innovations' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Luna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Luna Innovations Stock history
Luna Innovations investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Luna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Luna Innovations will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Luna Innovations stock prices may prove useful in developing a viable investing in Luna Innovations
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.5 M | 39.4 M | |
| Net Income Applicable To Common Shares | 10.7 M | 11.2 M |
Luna Innovations Quarterly Net Working Capital |
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Luna Innovations Stock Technical Analysis
Luna Innovations technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Luna Innovations Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Luna Innovations Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Luna Innovations November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Luna Innovations stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Luna Innovations shares will generate the highest return on investment. By undertsting and applying Luna Innovations stock market strength indicators, traders can identify Luna Innovations Incorporated entry and exit signals to maximize returns
Luna Innovations Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Luna Innovations' price direction in advance. Along with the technical and fundamental analysis of Luna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Luna to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | (0.21) |
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| Volume Indicators |
Complementary Tools for Luna Stock analysis
When running Luna Innovations' price analysis, check to measure Luna Innovations' 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 Luna Innovations is operating at the current time. Most of Luna Innovations' value examination focuses on studying past and present price action to predict the probability of Luna Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luna Innovations' price. Additionally, you may evaluate how the addition of Luna Innovations to your portfolios can decrease your overall portfolio volatility.
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