Luna Innovations Stock Performance

LUNA
 Stock
  

USD 4.53  0.04  0.89%   

The company secures a Beta (Market Risk) of 1.0548, which conveys a somewhat significant risk relative to the market. Let's try to break down what Luna Innovations's beta means in this case. Luna Innovations returns are very sensitive to returns on the market. As the market goes up or down, Luna Innovations is expected to follow. Even though it is essential to pay attention to Luna Innovations price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Luna Innovations exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Luna Innovations has an expected return of -0.36%. Please be advised to verify Luna Innovations downside variance, and the relationship between the treynor ratio and kurtosis to decide if Luna Innovations performance from the past will be repeated at some point in the near future.
  
Luna Innovations Performance
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Over the last 90 days Luna Innovations has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in November 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Luna Innovations Price Channel

Quick Ratio1.37
Fifty Two Week Low4.3800
Target High Price14.00
Fifty Two Week High10.2000
Target Low Price8.00

Luna Innovations Relative Risk vs. Return Landscape

If you would invest  586.00  in Luna Innovations on July 8, 2022 and sell it today you would lose (130.00)  from holding Luna Innovations or give up 22.18% of portfolio value over 90 days. Luna Innovations is currently does not generate positive expected returns and assumes 2.6036% risk (volatility on return distribution) over the 90 days horizon. In different words, 22% of stocks are less volatile than Luna Innovations, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Luna Innovations is expected to under-perform the market. In addition to that, the company is 2.09 times more volatile than its market benchmark. It trades about -0.14 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of volatility.

Luna Innovations Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Luna Innovations' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Luna Innovations, and traders can use it to determine the average amount a Luna Innovations' 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 = -0.1373

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Negative ReturnsLUNA
Estimated Market Risk
 2.6
  actual daily
 
 22 %
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Expected Return
 -0.36
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Risk-Adjusted Return
 -0.14
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Based on monthly moving average Luna Innovations is performing at about 0% of its full potential. 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 it to a well-diversified portfolio.

About Luna Innovations Performance

To evaluate Luna Innovations 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 Luna Innovations 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 Luna Innovations 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 Luna Innovations market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Luna Innovations'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.
Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia. Luna Innovations operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 385 people.

Things to note about Luna Innovations

Checking the ongoing alerts about Luna Innovations for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Luna Innovations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Luna Innovations Alerts

Equity Alerts and Improvement Suggestions

Luna Innovations generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 89 M. Net Loss for the year was (1.37 M) with profit before overhead, payroll, taxes, and interest of 51.56 M.
About 58.0% of the company shares are owned by institutional investors
Latest headline from www.fool.com: 2 Cryptos to Avoid No Matter What - The Motley Fool
Additionally, see Correlation Analysis. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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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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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.
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.