Lucid Capital Stock vs Current Deferred Revenue Analysis

LCID Stock  USD 2.88  0.02  0.69%   
Lucid financial indicator trend analysis is infinitely more than just investigating Lucid Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lucid Group is a good investment. Please check the relationship between Lucid Capital Stock and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lucid Group Capital Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lucid's Capital Stock and Current Deferred Revenue is 0.98. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Lucid Group, assuming nothing else is changed. The correlation between historical values of Lucid's Capital Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Lucid Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Stock i.e., Lucid's Capital Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Lucid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lucid Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Lucid's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.4B1.6B1.8B1.2B
Cost Of Revenue154.9M1.6B1.9B2.0B

Lucid fundamental ratios Correlations

1.00.940.931.00.70.970.95-0.07-0.940.80.740.930.640.920.960.710.890.780.980.860.390.991.00.980.99
1.00.950.940.990.670.960.95-0.03-0.950.80.710.940.660.920.940.720.90.80.970.880.461.00.990.971.0
0.940.951.00.960.410.930.990.25-0.940.890.450.990.730.980.790.790.930.910.850.970.60.970.910.850.96
0.930.941.00.950.390.930.990.27-0.930.90.441.00.730.990.780.790.930.910.840.980.570.960.90.840.95
1.00.990.960.950.640.980.970.0-0.950.820.690.960.670.940.930.740.910.820.960.890.410.990.980.960.99
0.70.670.410.390.640.620.45-0.69-0.560.240.990.390.190.370.880.250.420.210.820.26-0.140.610.750.820.63
0.970.960.930.930.980.620.96-0.04-0.910.780.670.940.620.950.90.680.850.760.920.850.30.950.950.930.96
0.950.950.990.990.970.450.960.21-0.950.840.491.00.750.990.810.810.930.890.860.940.540.970.910.860.97
-0.07-0.030.250.270.0-0.69-0.040.21-0.190.3-0.670.260.540.24-0.340.510.340.54-0.250.370.60.04-0.14-0.250.02
-0.94-0.95-0.94-0.93-0.95-0.56-0.91-0.95-0.19-0.77-0.59-0.94-0.85-0.9-0.85-0.9-0.98-0.92-0.89-0.87-0.5-0.95-0.92-0.89-0.95
0.80.80.890.90.820.240.780.840.3-0.770.320.860.50.860.650.580.810.830.710.960.420.810.770.720.8
0.740.710.450.440.690.990.670.49-0.67-0.590.320.440.20.430.90.260.460.250.850.32-0.160.640.790.850.67
0.930.940.991.00.960.390.941.00.26-0.940.860.440.760.990.780.810.930.90.840.960.580.960.890.840.96
0.640.660.730.730.670.190.620.750.54-0.850.50.20.760.70.480.990.880.890.540.660.660.70.590.530.69
0.920.920.980.990.940.370.950.990.24-0.90.860.430.990.70.760.760.890.870.820.950.530.940.880.820.94
0.960.940.790.780.930.880.90.81-0.34-0.850.650.90.780.480.760.560.760.60.990.690.190.910.980.990.92
0.710.720.790.790.740.250.680.810.51-0.90.580.260.810.990.760.560.930.930.610.730.650.760.670.610.75
0.890.90.930.930.910.420.850.930.34-0.980.810.460.930.880.890.760.930.970.810.90.570.910.860.810.91
0.780.80.910.910.820.210.760.890.54-0.920.830.250.90.890.870.60.930.970.670.910.630.830.740.670.82
0.980.970.850.840.960.820.920.86-0.25-0.890.710.850.840.540.820.990.610.810.670.760.290.950.991.00.96
0.860.880.970.980.890.260.850.940.37-0.870.960.320.960.660.950.690.730.90.910.760.610.90.830.760.89
0.390.460.60.570.41-0.140.30.540.6-0.50.42-0.160.580.660.530.190.650.570.630.290.610.520.360.260.5
0.991.00.970.960.990.610.950.970.04-0.950.810.640.960.70.940.910.760.910.830.950.90.520.980.941.0
1.00.990.910.90.980.750.950.91-0.14-0.920.770.790.890.590.880.980.670.860.740.990.830.360.980.990.98
0.980.970.850.840.960.820.930.86-0.25-0.890.720.850.840.530.820.990.610.810.671.00.760.260.940.990.95
0.991.00.960.950.990.630.960.970.02-0.950.80.670.960.690.940.920.750.910.820.960.890.51.00.980.95
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Lucid Account Relationship Matchups

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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.
When determining whether Lucid Group is a strong investment it is important to analyze Lucid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lucid's future performance. For an informed investment choice regarding Lucid Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Lucid's 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 Lucid. If investors know Lucid 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 Lucid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.23)
Revenue Per Share
0.281
Quarterly Revenue Growth
0.156
Return On Assets
(0.24)
Return On Equity
(0.65)
The market value of Lucid Group is measured differently than its book value, which is the value of Lucid that is recorded on the company's balance sheet. Investors also form their own opinion of Lucid's value that differs from its market value or its book value, called intrinsic value, which is Lucid's 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 Lucid's market value can be influenced by many factors that don't directly affect Lucid's 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 Lucid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucid's 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.