Lg Display Co Stock Technical Analysis
LPL Stock | USD 3.52 0.08 2.22% |
As of the 9th of November, LG Display owns the Market Risk Adjusted Performance of (0.12), mean deviation of 1.74, and Information Ratio of (0.12). 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. 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 3.52 per share. Given that LG Display has information ratio of (0.12), 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 LPLLPL |
LG Display Analyst Consensus
Target Price | Advice | # of Analysts | |
4.1 | Strong Sell | 0 | Odds |
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 DetailsLG 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.
LG Display Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 0.0067 , 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 1.71, 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 | 2024 (projected) | Dividend Yield | 0.05 | 0.045 | 0.0472 | Price To Sales Ratio | 0.29 | 0.22 | 0.21 |
LG Display November 9, 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.12) | |||
Mean Deviation | 1.74 | |||
Coefficient Of Variation | (2,023) | |||
Standard Deviation | 2.35 | |||
Variance | 5.52 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | (0.13) | |||
Maximum Drawdown | 11.83 | |||
Value At Risk | (3.74) | |||
Potential Upside | 3.0 | |||
Skewness | (0.45) | |||
Kurtosis | 2.44 |
LG Display November 9, 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.
Accumulation Distribution | 16,222 | ||
Daily Balance Of Power | (0.42) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 3.47 | ||
Day Typical Price | 3.49 | ||
Price Action Indicator | 0.01 |
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 closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electronic Equipment, Instruments & Components space 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 (1.72) | Revenue Per Share 26.2 K | Quarterly Revenue Growth 0.425 | Return On Assets (0.01) |
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.