Lg Display Co Stock Market Value
LPL Stock | USD 4.10 0.02 0.49% |
Symbol | LPL |
LG Display Price To Book Ratio
Is LG Display'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 LG Display. If investors know LPL 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 LG Display listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share (2.75) | Revenue Per Share 29.8 K | Quarterly Revenue Growth 0.013 | Return On Assets (0.04) |
The market value of LG Display is measured differently than its book value, which is the value of LPL that is recorded on the company's balance sheet. Investors also form their own opinion of LG Display's value that differs from its market value or its book value, called intrinsic value, which is LG Display'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 LG Display's market value can be influenced by many factors that don't directly affect LG Display'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 LG Display's value and its price as these two are different measures arrived at by different means. Investors typically determine if LG Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LG Display'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.
LG Display 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to LG Display's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of LG Display.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in LG Display on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding LG Display Co or generate 0.0% return on investment in LG Display over 720 days. LG Display is related to or competes with Fenbo Holdings, GoPro, Turtle Beach, Zepp Health, Sony Group, Silynxcom, and Koss. LG Display Co., Ltd. engages in the design, manufacture, and sale of thin-film transistor liquid crystal display and org... More
LG Display Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure LG Display's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess LG Display Co upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.12) | |||
Maximum Drawdown | 19.62 | |||
Value At Risk | (3.51) | |||
Potential Upside | 4.44 |
LG Display Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Display's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LG Display's standard deviation. In reality, there are many statistical measures that can use LG Display historical prices to predict the future LG Display's volatility.Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LG Display's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
LG Display Backtested Returns
LG Display retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the firm had a -0.1% return per unit of price deviation over the last 3 months. LG Display exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Display's Information Ratio of (0.12), mean deviation of 1.96, and Market Risk Adjusted Performance of (0.16) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.19, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LG Display will likely underperform. LG Display has an expected return of -0.3%. Please make sure to verify LG Display Co jensen alpha, as well as the relationship between the skewness and day median price , to decide if LG Display performance from the past will be repeated sooner or later.
Auto-correlation | 0.57 |
Modest predictability
LG Display Co has modest predictability. Overlapping area represents the amount of predictability between LG Display time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LG Display price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current LG Display price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.57 | |
Spearman Rank Test | 0.44 | |
Residual Average | 0.0 | |
Price Variance | 0.48 |
LG Display lagged returns against current returns
Autocorrelation, which is LG Display stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting LG Display's stock expected returns. We can calculate the autocorrelation of LG Display returns to help us make a trade decision. For example, suppose you find that LG Display has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
LG Display regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If LG Display stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LG Display stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LG Display stock over time.
Current vs Lagged Prices |
Timeline |
LG Display Lagged Returns
When evaluating LG Display's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LG Display stock have on its future price. LG Display autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, LG Display autocorrelation shows the relationship between LG Display stock current value and its past values and can show if there is a momentum factor associated with investing in LG Display Co.
Regressed Prices |
Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out LG Display Correlation, LG Display Volatility and LG Display Alpha and Beta module to complement your research on LG Display. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for LPL Stock analysis
When running LG Display's price analysis, check to measure LG Display's 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 LG Display is operating at the current time. Most of LG Display's value examination focuses on studying past and present price action to predict the probability of LG Display's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LG Display's price. Additionally, you may evaluate how the addition of LG Display to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
CEOs Directory Screen CEOs from public companies around the world | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
LG Display technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.