Luna Innovations Stock Market Value

LUNA
 Stock
  

USD 7.44  0.17  2.34%   

Luna Innovations' market value is the price at which a share of Luna Innovations stock trades on a public exchange. It measures the collective expectations of Luna Innovations Incorporated investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Luna Innovations Incorporated and determine expected loss or profit from investing in Luna Innovations over a given investment horizon. Additionally, see Luna Innovations Correlation, Luna Innovations Volatility and Luna Innovations Alpha and Beta module to complement your research on Luna Innovations.
Symbol


Is Luna Innovations' 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 Luna Innovations. If investors know Luna Innovations 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 Luna Innovations listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.77
Market Capitalization
245.2 M
Quarterly Revenue Growth YOY
0.43
Return On Assets
(0.0105) 
Return On Equity
(0.0197) 
The market value of Luna Innovations is measured differently than its book value, which is the value of Luna Innovations that is recorded on the company's balance sheet. Investors also form their own opinion of Luna Innovations' value that differs from its market value or its book value, called intrinsic value, which is Luna Innovations' 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 Luna Innovations' market value can be influenced by many factors that don't directly affect Luna Innovations' 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 Luna Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine Luna Innovations value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Luna Innovations' 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.

Luna Innovations 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Luna Innovations' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Luna Innovations.
0.00
11/04/2022
No Change 0.00  0.0 
In 31 days
12/04/2022
0.00
If you would invest  0.00  in Luna Innovations on November 4, 2022 and sell it all today you would earn a total of 0.00 from holding Luna Innovations Incorporated or generate 0.0% return on investment in Luna Innovations over 30 days. Luna Innovations is related to or competes with ESCO Technologies, Fortive Corp, Mind Technology, and Sensata Technologies. Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products wo... More

Luna Innovations Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Luna Innovations' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Luna Innovations Incorporated upside and downside potential and time the market with a certain degree of confidence.

Luna Innovations Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Luna Innovations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Luna Innovations' standard deviation. In reality, there are many statistical measures that can use Luna Innovations historical prices to predict the future Luna Innovations' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Luna Innovations' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Luna Innovations in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3.717.4011.09
Details
Intrinsic
Valuation
LowReal ValueHigh
5.469.1512.84
Details
2 Analysts
Consensus
LowTarget PriceHigh
9.0010.5012.00
Details
Earnings
Estimates (2)
LowProjected EPSHigh
0.040.060.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Luna Innovations. Your research has to be compared to or analyzed against Luna Innovations' peers to derive any actionable benefits. When done correctly, Luna Innovations' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Luna Innovations.

Luna Innovations Backtested Returns

Luna Innovations appears to be somewhat reliable, given 3 months investment horizon. Luna Innovations has Sharpe Ratio of 0.14, which conveys that the firm had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Luna Innovations technical indicators you can presently evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Luna Innovations' Mean Deviation of 2.59, risk adjusted performance of 0.1891, and Downside Deviation of 2.66 to check out if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Luna Innovations holds a performance score of 10. The company secures a Beta (Market Risk) of 0.735, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Luna Innovations's beta means in this case. As returns on the market increase, Luna Innovations returns are expected to increase less than the market. However, during the bear market, the loss on holding Luna Innovations will be expected to be smaller as well. Although it is vital to follow Luna Innovations price patterns, it is good to be conservative about what you can do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Luna Innovations, which you can use to evaluate the performance of the firm. Please exercises Luna Innovations Incorporated downside variance, and the relationship between the treynor ratio and kurtosis to make a quick decision on whether Luna Innovations current price movements will revert.

Auto-correlation

    
  0.67  

Good predictability

Luna Innovations Incorporated has good predictability. Overlapping area represents the amount of predictability between Luna Innovations time series from 4th of November 2022 to 19th of November 2022 and 19th of November 2022 to 4th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Luna Innovations price movement. The serial correlation of 0.67 indicates that around 67.0% of current Luna Innovations price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.29

Luna Innovations lagged returns against current returns

Autocorrelation, which is Luna Innovations stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Luna Innovations' stock expected returns. We can calculate the autocorrelation of Luna Innovations returns to help us make a trade decision. For example, suppose you find that Luna Innovations stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Luna Innovations regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Luna Innovations stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Luna Innovations stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Luna Innovations stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Luna Innovations Lagged Returns

When evaluating Luna Innovations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Luna Innovations stock have on its future price. Luna Innovations autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Luna Innovations autocorrelation shows the relationship between Luna Innovations stock current value and its past values and can show if there is a momentum factor associated with investing in Luna Innovations Incorporated.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Luna Innovations without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Luna Innovations Correlation, Luna Innovations Volatility and Luna Innovations Alpha and Beta module to complement your research on Luna Innovations. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for 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 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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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.
A focus of Luna Innovations technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Luna Innovations trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...