Lucid Group is a technology and automotive company. Co. designs, engineers and builds electric vehicles, electric vehicle powertrains and battery systems in-house using its own equipment and factory. Co.'s product, Lucid Air is an electric sedan featuring a California-inspired design and underpinned by its battery and its powertrain technology. The LCID average annual return since 2020 is shown above.
The Average Annual Return on the LCID average annual return since 2020 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 LCID average annual return since 2020 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 LCID average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|