Lucid Diagnostics Stock Price on March 2, 2023

If you're considering investing in Lucid Stock, it is important to understand the factors that can impact its price. Lucid Diagnostics has Sharpe Ratio of -0.0222, which conveys that the firm had a -0.0222% return per unit of risk over the last 3 months. Lucid Diagnostics exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lucid Diagnostics' Risk Adjusted Performance of (0.01), standard deviation of 3.07, and Mean Deviation of 2.35 to check out the risk estimate we provide.
  
Lucid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0222

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Estimated Market Risk

 3.07
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Lucid Diagnostics 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 Diagnostics by adding Lucid Diagnostics to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Price Boundaries

Lucid Diagnostics Period Price Range

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December 14, 2024
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Lucid Diagnostics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Lucid Diagnostics December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Lucid Diagnostics 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 Diagnostics shares will generate the highest return on investment. By undertsting and applying Lucid Diagnostics stock market strength indicators, traders can identify Lucid Diagnostics entry and exit signals to maximize returns

Lucid Diagnostics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lucid Diagnostics' price direction in advance. Along with the technical and fundamental analysis of Lucid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lucid to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Correlation Analysis to better understand how to build diversified portfolios. 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.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for Lucid Stock

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.
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