Lg Display Co Stock Technical Analysis

LPL Stock  USD 4.08  0.07  1.69%   
As of the 28th of March, LG Display owns the Mean Deviation of 1.98, information ratio of (0.11), and Market Risk Adjusted Performance of (0.15). In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of LG Display, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for LG Display, which can be compared to its peers in the sector. Please verify LG Display market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if LG Display Co is priced some-what accurately, providing market reflects its prevailing price of 4.08 per share. Given that LG Display has information ratio of (0.11), we recommend you to check LG Display's latest market performance to make sure the company can sustain itself sooner or later.

LG Display Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as LPL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LPL
  
LG Display's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

LG Display Analyst Consensus

Target PriceAdvice# of Analysts
4.1Hold1Odds
LG Display Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most LPL analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand LPL stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LG Display, talking to its executives and customers, or listening to LPL conference calls.
LPL Analyst Advice Details
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.
A focus of LG Display technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LG Display trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

LG Display Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of LG Display volatility. High ATR values indicate high volatility, and low values indicate low volatility.

LG Display Trend Analysis

Use this graph to draw trend lines for LG Display Co. You can use it to identify possible trend reversals for LG Display as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual LG Display price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

LG Display Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LG Display Co applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in LG Display Co will continue to fail. It has 122 observation points and a regression sum of squares at 13.32, which is the sum of squared deviations for the predicted LG Display price change compared to its average price change.

About LG Display Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of LG Display Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of LG Display Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LG Display price pattern first instead of the macroeconomic environment surrounding LG Display. By analyzing LG Display's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of LG Display's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to LG Display specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2023 (projected)
Dividend Yield0.10.0929
Price To Sales Ratio0.140.11

LG Display March 28, 2024 Technical Indicators

Most technical analysis of LPL help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for LPL from various momentum indicators to cycle indicators. When you analyze LPL charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

LG Display March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as LPL stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether LG Display is a strong investment it is important to analyze LG Display'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 LG Display's future performance. For an informed investment choice regarding LPL Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LG Display Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.
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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
(2.74)
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.