LG Display Stock Forecast - Polynomial Regression
| LPL Stock | USD 4.36 0.05 1.13% |
LPL Stock outlook is based on your current time horizon.
As of now, the relative strength index (RSI) of LG Display's share price is approaching 46. This indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling LG Display, making its price go up or down. Momentum 46
Impartial
Oversold | Overbought |
Using LG Display hype-based prediction, you can estimate the value of LG Display Co from the perspective of LG Display response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of LG Display Co on the next trading day is expected to be 4.34 with a mean absolute deviation of 0.09 and the sum of the absolute errors of 5.55. LG Display after-hype prediction price | USD 4.36 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of LG Display to cross-verify your projections. LG Display Additional Predictive Modules
Most predictive techniques to examine LPL price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for LPL using various technical indicators. When you analyze LPL charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
LG Display Polynomial Regression Price Forecast For the 28th of January
Given 90 days horizon, the Polynomial Regression forecasted value of LG Display Co on the next trading day is expected to be 4.34 with a mean absolute deviation of 0.09, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.55.Please note that although there have been many attempts to predict LPL Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that LG Display's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
LG Display Stock Forecast Pattern
| Backtest LG Display | LG Display Price Prediction | Buy or Sell Advice |
LG Display Forecasted Value
In the context of forecasting LG Display's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. LG Display's downside and upside margins for the forecasting period are 2.47 and 6.21, respectively. We have considered LG Display's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of LG Display stock data series using in forecasting. Note that when a statistical model is used to represent LG Display stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 113.7183 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0909 |
| MAPE | Mean absolute percentage error | 0.0207 |
| SAE | Sum of the absolute errors | 5.5466 |
Predictive Modules for LG Display
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as LG Display. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.LG Display After-Hype Price Density Analysis
As far as predicting the price of LG Display at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in LG Display or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of LG Display, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
LG Display Estimiated After-Hype Price Volatility
In the context of predicting LG Display's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on LG Display's historical news coverage. LG Display's after-hype downside and upside margins for the prediction period are 2.49 and 6.23, respectively. We have considered LG Display's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
LG Display is somewhat reliable at this time. Analysis and calculation of next after-hype price of LG Display is based on 3 months time horizon.
LG Display Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as LG Display is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LG Display backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with LG Display, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.22 | 1.87 | 0.01 | 0.07 | 20 Events / Month | 7 Events / Month | In about 20 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
4.36 | 4.36 | 0.00 |
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LG Display Hype Timeline
On the 27th of January LG Display is traded for 4.36. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.07. LPL is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at -0.22%. %. The volatility of related hype on LG Display is about 595.54%, with the expected price after the next announcement by competition of 4.43. The company has price-to-book ratio of 0.96. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. LG Display has Price/Earnings To Growth (PEG) ratio of 0.5. The entity recorded a loss per share of 0.45. The firm last dividend was issued on the 30th of December 2021. LG Display had 1047:1000 split on the 25th of January 2024. Considering the 90-day investment horizon the next projected press release will be in about 20 days. Check out Historical Fundamental Analysis of LG Display to cross-verify your projections.LG Display Related Hype Analysis
Having access to credible news sources related to LG Display's direct competition is more important than ever and may enhance your ability to predict LG Display's future price movements. Getting to know how LG Display's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how LG Display may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VSAT | ViaSat Inc | (1.72) | 4 per month | 5.00 | 0.06 | 6.56 | (7.49) | 26.09 | |
| BTDR | Bitdeer Technologies Group | 0.17 | 8 per month | 0.00 | (0.08) | 8.05 | (9.13) | 27.30 | |
| CLSK | CleanSpark | 0.81 | 29 per month | 0.00 | (0.09) | 12.27 | (8.72) | 33.02 | |
| OS | OneStream Class A | 0.01 | 9 per month | 2.53 | 0.1 | 6.39 | (4.81) | 29.57 | |
| STNE | StoneCo | (0.16) | 10 per month | 0.00 | (0.05) | 4.06 | (6.88) | 15.52 | |
| WEX | Wex Inc | (1.72) | 8 per month | 1.69 | (0.03) | 3.31 | (2.82) | 8.14 | |
| ACIW | ACI Worldwide | (0.05) | 10 per month | 0.00 | (0.13) | 2.08 | (3.30) | 9.43 | |
| CWAN | Clearwater Analytics Holdings | 5.83 | 21 per month | 1.99 | 0.12 | 4.31 | (3.95) | 14.20 | |
| ITRI | Itron Inc | 0.00 | 0 per month | 0.00 | (0.17) | 2.39 | (4.16) | 21.12 | |
| BULL | Webull Corp | (0.03) | 15 per month | 0.00 | (0.19) | 4.58 | (5.86) | 12.33 |
Other Forecasting Options for LG Display
For every potential investor in LPL, whether a beginner or expert, LG Display's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. LPL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in LPL. Basic forecasting techniques help filter out the noise by identifying LG Display's price trends.LG Display Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with LG Display stock to make a market-neutral strategy. Peer analysis of LG Display could also be used in its relative valuation, which is a method of valuing LG Display by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
LG Display Market Strength Events
Market strength indicators help investors to evaluate how LG Display stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LG Display shares will generate the highest return on investment. By undertsting and applying LG Display stock market strength indicators, traders can identify LG Display Co entry and exit signals to maximize returns.
| Accumulation Distribution | 13679.64 | |||
| Daily Balance Of Power | (0.62) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 4.36 | |||
| Day Typical Price | 4.36 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 46.74 |
LG Display Risk Indicators
The analysis of LG Display's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in LG Display's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lpl stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.44 | |||
| Standard Deviation | 1.87 | |||
| Variance | 3.51 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for LG Display
The number of cover stories for LG Display depends on current market conditions and LG Display's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that LG Display is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about LG Display's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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LG Display Short Properties
LG Display's future price predictability will typically decrease when LG Display's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of LG Display Co often depends not only on the future outlook of the potential LG Display's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. LG Display's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 942.5 M | |
| Cash And Short Term Investments | 2 T |
Check out Historical Fundamental Analysis of LG Display to cross-verify your projections. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.
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.