Lucid Group Stock Performance
| LCID Stock | USD 2.79 0.01 0.36% |
The company secures a Beta (Market Risk) of 1.69, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lucid will likely underperform. Lucid Group has an expected return of -0.14%. Please make sure to verify Lucid Group skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Lucid Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Lucid Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's forward indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.18 | Five Day Return 10.96 | Year To Date Return (32.89) | Ten Year Return (71.84) | All Time Return (71.84) |
1 | Lucid Groups Stock Climbs Are Higher Gains In Sight | 03/25/2024 |
2 | Lucid Group Stock Drops Despite Market Gains Important Facts to Note | 04/05/2024 |
3 | Analyst predict Lucid stock to soar 30 percent despite price target cut | 04/11/2024 |
4 | Bloomberg The EV Bubble Has Burst As Tesla, Nio, Rivian Stocks Dive | 04/19/2024 |
5 | Citi starts Lucid stock at Neutral, sees price range-bound ahead of key Gravity launch | 04/22/2024 |
6 | Buy Rivian Stock Ahead of the Squeeze Not So Fast | 04/23/2024 |
7 | Lucid Grs Options Frenzy What You Need to Know | 04/24/2024 |
8 | Forget Tesla, GM Stock Is the Real Deal for Long-Term Investors | 04/25/2024 |
9 | Should You Buy Lucid Stock Before May 6 | 04/30/2024 |
10 | Should You Buy Lucid Motors Stock Before May 6 | 05/01/2024 |
11 | 3 EV Stocks to Buy That Are Likely to Get Some Love From Democratic Governors | 05/03/2024 |
| Begin Period Cash Flow | 1.7 B |
Lucid |
Lucid Relative Risk vs. Return Landscape
If you would invest 322.00 in Lucid Group on February 4, 2024 and sell it today you would lose (43.00) from holding Lucid Group or give up 13.35% of portfolio value over 90 days. Lucid Group is currently does not generate positive expected returns and assumes 3.9409% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of stocks are less volatile than Lucid, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Lucid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lucid's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Lucid Group, and traders can use it to determine the average amount a Lucid's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0368
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LCID |
Estimated Market Risk
| 3.94 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.14 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 Lucid 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 Lucid by adding Lucid to a well-diversified portfolio.
Lucid Fundamentals Growth
Lucid Stock prices reflect investors' perceptions of the future prospects and financial health of Lucid, and Lucid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Lucid Stock performance.
| Return On Equity | -0.61 | ||||
| Return On Asset | -0.23 | ||||
| Operating Margin | (4.69) % | ||||
| Current Valuation | 4.99 B | ||||
| Shares Outstanding | 2.31 B | ||||
| Price To Earning | 10.79 X | ||||
| Price To Book | 1.32 X | ||||
| Price To Sales | 10.79 X | ||||
| Revenue | 595.27 M | ||||
| Gross Profit | (1.04 B) | ||||
| EBITDA | (3.1 B) | ||||
| Net Income | (2.83 B) | ||||
| Cash And Equivalents | 3.34 B | ||||
| Cash Per Share | 1.99 X | ||||
| Total Debt | 2.43 B | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 5.04 X | ||||
| Book Value Per Share | 2.11 X | ||||
| Cash Flow From Operations | (2.49 B) | ||||
| Earnings Per Share | (1.36) X | ||||
| Market Capitalization | 6.43 B | ||||
| Total Asset | 8.51 B | ||||
| Retained Earnings | (10.2 B) | ||||
| Working Capital | 3.75 B | ||||
About Lucid Performance
To evaluate Lucid Group Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Lucid generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Lucid Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Lucid Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Lucid's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 131.26 | 128.60 | |
| Return On Tangible Assets | (0.33) | (0.35) | |
| Return On Capital Employed | (0.41) | (0.43) | |
| Return On Assets | (0.33) | (0.35) | |
| Return On Equity | (0.58) | (0.61) |
Things to note about Lucid Group performance evaluation
Checking the ongoing alerts about Lucid for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Lucid Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Lucid Group generated a negative expected return over the last 90 days | |
| Lucid Group has high historical volatility and very poor performance | |
| Lucid Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 595.27 M. Net Loss for the year was (2.83 B) with loss before overhead, payroll, taxes, and interest of (1.04 B). | |
| Lucid Group currently holds about 3.34 B in cash with (2.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99. | |
| Roughly 74.0% of the company shares are owned by institutional investors | |
| Latest headline from investorplace.com: 3 EV Stocks to Buy That Are Likely to Get Some Love From Democratic Governors |
- Analyzing Lucid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Lucid's stock is overvalued or undervalued compared to its peers.
- Examining Lucid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Lucid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lucid's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Lucid's stock. These opinions can provide insight into Lucid's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Lucid Stock analysis
When running Lucid's price analysis, check to measure Lucid'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 Lucid is operating at the current time. Most of Lucid's value examination focuses on studying past and present price action to predict the probability of Lucid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucid's price. Additionally, you may evaluate how the addition of Lucid to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Lucid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lucid. If investors know Lucid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lucid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share 0.286 | Quarterly Revenue Growth (0.39) | Return On Assets (0.23) | Return On Equity (0.61) |
The market value of Lucid Group is measured differently than its book value, which is the value of Lucid that is recorded on the company's balance sheet. Investors also form their own opinion of Lucid's value that differs from its market value or its book value, called intrinsic value, which is Lucid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lucid's market value can be influenced by many factors that don't directly affect Lucid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lucid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.