Lg Display Co Stock Market Value

LPL Stock  USD 4.08  0.07  1.69%   
LG Display's market value is the price at which a share of LG Display trades on a public exchange. It measures the collective expectations of LG Display Co investors about its performance. LG Display is selling for 4.08 as of the 28th of March 2024. This is a -1.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 4.0.
With this module, you can estimate the performance of a buy and hold strategy of LG Display Co and determine expected loss or profit from investing in LG Display over a given investment horizon. Check out LG Display Correlation, LG Display Volatility and LG Display Alpha and Beta module to complement your research on LG Display.
Symbol

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
(2.74)
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.

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.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in LG Display on February 27, 2024 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 30 days. LG Display is related to or competes with Fabrinet, Kimball Electronics, Ubiquiti Networks, Minim, Moving IMage, Markforged Holding, and Deswell Industries. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
1.144.066.98
Details
Intrinsic
Valuation
LowRealHigh
1.324.247.16
Details
Naive
Forecast
LowNextHigh
1.364.287.20
Details
1 Analysts
Consensus
LowTargetHigh
3.734.104.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LG Display. Your research has to be compared to or analyzed against LG Display's peers to derive any actionable benefits. When done correctly, LG Display's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LG Display.

LG Display Backtested Returns

LG Display retains Efficiency (Sharpe Ratio) of -0.0788, which conveys that the firm had a -0.0788% return per unit of price deviation over the last 3 months. LG Display exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Display's Market Risk Adjusted Performance of (0.15), mean deviation of 1.98, and Information Ratio of (0.11) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.2, 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 -0.23%. Please make sure to verify LG Display Co total risk 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

    
  0.29  

Poor predictability

LG Display Co has poor predictability. Overlapping area represents the amount of predictability between LG Display time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th 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 0.29 indicates that nearly 29.0% of current LG Display price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.0

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  

LG Display Investors Sentiment

The influence of LG Display's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in LPL. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to LG Display's public news can be used to forecast risks associated with an investment in LPL. The trend in average sentiment can be used to explain how an investor holding LPL can time the market purely based on public headlines and social activities around LG Display Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
LG Display's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for LG Display's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average LG Display's news discussions. The higher the estimated score, the more favorable is the investor's outlook on LG Display.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LG Display in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LG Display's short interest history, or implied volatility extrapolated from LG Display options trading.

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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 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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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...