Lucid Group Stock Alpha and Beta Analysis
| LCID Stock | USD 2.14 0.13 6.47% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Lucid Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Lucid over a specified time horizon. Remember, high Lucid's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Lucid's market risk premium analysis include:
Beta 0.92 | Alpha (0.57) | Risk 4.42 | Sharpe Ratio (0.16) | Expected Return (0.72) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Lucid |
Lucid Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Lucid market risk premium is the additional return an investor will receive from holding Lucid long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lucid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Lucid's performance over market.| α | -0.57 | β | 0.92 |
Lucid expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Lucid's Buy-and-hold return. Our buy-and-hold chart shows how Lucid performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Lucid Market Price Analysis
Market price analysis indicators help investors to evaluate how Lucid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lucid shares will generate the highest return on investment. By understating and applying Lucid stock market price indicators, traders can identify Lucid position entry and exit signals to maximize returns.
Lucid Return and Market Media
The median price of Lucid for the period between Wed, Aug 21, 2024 and Tue, Nov 19, 2024 is 3.39 with a coefficient of variation of 20.92. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 3.16, and mean deviation of 0.58. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Gagan Dhingra of 417153 shares of Lucid subject to Rule 16b-3 | 09/17/2024 |
2 | Down -24.64 percent in 4 Weeks, Heres Why You Should You Buy the Dip in Lucid Group | 10/21/2024 |
3 | Harris vs. Trump Auto insiders weigh in on both candidates, top issues | 10/29/2024 |
4 | Why Lucid Stock Is Sinking Today | 11/06/2024 |
5 | Lucid Stock Declines Amid Share Sale and Losses | 11/08/2024 |
6 | Is Lucid Motors a Millionaire-Maker Stock | 11/11/2024 |
7 | Why Lucid Stock Is Falling Today | 11/12/2024 |
8 | Biden Pledges Smooth Transition To Trump In White House Meeting | 11/13/2024 |
9 | EV Company Lucid Group Gets Analyst Upgrade and 4 Price Target on Strong Gravity SUV Orders | 11/14/2024 |
10 | Rivian Stock Is Down Again on Tax Credit Fears | 11/15/2024 |
About Lucid Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Lucid or other stocks. Alpha measures the amount that position in Lucid Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 42.38 | 11.73 | 31.78 | 31.28 | PTB Ratio | 7.21 | 2.64 | 1.81 | 1.98 |
Lucid Upcoming Company Events
As portrayed in its financial statements, the presentation of Lucid's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Lucid's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Lucid's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Lucid. Please utilize our Beneish M Score to check the likelihood of Lucid's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Align your risk with return expectations
Check out Lucid Backtesting, Lucid Valuation, Lucid Correlation, Lucid Hype Analysis, Lucid Volatility, Lucid History and analyze Lucid Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Lucid 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.