Luminar Technologies is an automotive technology company focusing on vehicle safety and autonomy. Co.'s Autonomy Solutions segment includes manufacturing and distribution of lidar sensors that measure distance using laser light to generate a 3D map, non-recurring engineering services, development of software products that enable autonomy capabilities for automotive applications, and licensing of Co.'s intellectual property. Co.'s Advanced Technologies and Services segment includes development of application-specific integrated circuits, pixel-based sensors, lasers, as well as designing, testing and providing consulting services for non-standard integrated circuits. The LAZR average annual return since 2019 is shown above.
The Average Annual Return on the LAZR average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether LAZR average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the LAZR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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