Lucid Diagnostics Stock Analysis

LUCD Stock  USD 1.12  0.02  1.75%   
Lucid Diagnostics is undervalued with Real Value of 1.76 and Hype Value of 1.12. The main objective of Lucid Diagnostics stock analysis is to determine its intrinsic value, which is an estimate of what Lucid Diagnostics is worth, separate from its market price. There are two main types of Lucid Diagnostics' stock analysis: fundamental analysis and technical analysis.
The Lucid Diagnostics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Lucid Diagnostics' ongoing operational relationships across important fundamental and technical indicators.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Diagnostics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Lucid Stock refer to our How to Trade Lucid Stock guide.

Lucid Stock Analysis Notes

About 35.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 1.17. Lucid Diagnostics had not issued any dividends in recent years. Lucid Diagnostics Inc. operates as a commercial-stage medical diagnostics technology company. The company was incorporated in 2018 and is based in New York, New York. Lucid Diagnostics operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. To find out more about Lucid Diagnostics contact Lishan MD at 917 813 1828 or learn more at https://www.luciddx.com.

Lucid Diagnostics Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Lucid Diagnostics' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Lucid Diagnostics or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Lucid Diagnostics generated a negative expected return over the last 90 days
Lucid Diagnostics may become a speculative penny stock
Lucid Diagnostics has high historical volatility and very poor performance
Lucid Diagnostics has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 4.35 M. Net Loss for the year was (45.53 M) with loss before overhead, payroll, taxes, and interest of (2.82 M).
Lucid Diagnostics currently holds about 34.46 M in cash with (44.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.89.
Roughly 35.0% of the company outstanding shares are owned by corporate insiders

Lucid Diagnostics Upcoming and Recent Events

12th of March 2024
Upcoming Quarterly Report
View
20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Lucid Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 121.18 M.

Technical Drivers

As of the 21st of July, Lucid Diagnostics secures the Mean Deviation of 2.99, risk adjusted performance of 0.0043, and Standard Deviation of 4.41. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lucid Diagnostics, as well as the relationship between them. Please verify Lucid Diagnostics variance, as well as the relationship between the maximum drawdown and skewness to decide if Lucid Diagnostics is priced some-what accurately, providing market reflects its recent price of 1.12 per share. Given that Lucid Diagnostics is a hitting penny stock territory we strongly suggest to closely look at its jensen alpha.

Lucid Diagnostics Price Movement Analysis

The output start index for this execution was eleven with a total number of output elements of fifty. The Simple Moving Average indicator is calculated by adding the closing price of Lucid Diagnostics for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Lucid Diagnostics short-term fluctuations and highlight longer-term trends or cycles.

Lucid Diagnostics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Lucid Diagnostics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Lucid Diagnostics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Lucid Diagnostics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Lucid Diagnostics Outstanding Bonds

Lucid Diagnostics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Lucid Diagnostics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Lucid bonds can be classified according to their maturity, which is the date when Lucid Diagnostics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Lucid Diagnostics Predictive Daily Indicators

Lucid Diagnostics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Lucid Diagnostics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Lucid Diagnostics Forecast Models

Lucid Diagnostics' time-series forecasting models are one of many Lucid Diagnostics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Lucid Diagnostics' 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 market movement and maximize returns from investment trading.

About Lucid Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Lucid Diagnostics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Lucid shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Lucid Diagnostics. By using and applying Lucid Stock analysis, traders can create a robust methodology for identifying Lucid entry and exit points for their positions.
Lucid Diagnostics Inc. operates as a commercial-stage medical diagnostics technology company. The company was incorporated in 2018 and is based in New York, New York. Lucid Diagnostics operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Lucid Diagnostics to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run AI Portfolio Architect Now

   

AI Portfolio Architect

Use AI to generate optimal portfolios and find profitable investment opportunities
All  Next Launch Module

Complementary Tools for Lucid Stock analysis

When running Lucid Diagnostics' price analysis, check to measure Lucid Diagnostics' 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 Diagnostics is operating at the current time. Most of Lucid Diagnostics' value examination focuses on studying past and present price action to predict the probability of Lucid Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucid Diagnostics' price. Additionally, you may evaluate how the addition of Lucid Diagnostics to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world