LG Display (Germany) Probability of Future Stock Price Finishing Over 3.26
| LGA Stock | EUR 3.26 0.06 1.81% |
LGA |
LG Display Target Price Odds to finish over 3.26
The tendency of LGA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 3.26 | 90 days | 3.26 | under 95 |
Based on a normal probability distribution, the odds of LG Display to move above the current price in 90 days from now is under 95 (This LG Display Co probability density function shows the probability of LGA Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon LG Display has a beta of 0.0795. This indicates as returns on the market go up, LG Display average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding LG Display Co will be expected to be much smaller as well. Additionally LG Display Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. LG Display Price Density |
| Price |
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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. LG Display is not an exception. The market had few large corrections towards the LG Display's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold LG Display Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of LG Display within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.15 |
LG Display Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of LG Display for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for LG Display can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| LG Display generated a negative expected return over the last 90 days | |
| LG Display has high likelihood to experience some financial distress in the next 2 years | |
| LG Display has accumulated €8.66 Trillion in debt which can lead to volatile earnings | |
| LG Display Co has accumulated 8.66 T in total debt with debt to equity ratio (D/E) of 70.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LG Display has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist LG Display until it has trouble settling it off, either with new capital or with free cash flow. So, LG Display's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LG Display sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LGA to invest in growth at high rates of return. When we think about LG Display's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 26.15 T. Net Loss for the year was (3.07 T) with profit before overhead, payroll, taxes, and interest of 1.12 T. |
LG Display Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of LGA Stock often depends not only on the future outlook of the current and 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 | 357.8 M |
LG Display Technical Analysis
LG Display's future price can be derived by breaking down and analyzing its technical indicators over time. LGA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of LG Display Co. In general, you should focus on analyzing LGA Stock price patterns and their correlations with different microeconomic environments and drivers.
LG Display Predictive Forecast Models
LG Display's time-series forecasting models is one of many LG Display's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary LG Display's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about LG Display
Checking the ongoing alerts about LG Display for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for LG Display help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| LG Display generated a negative expected return over the last 90 days | |
| LG Display has high likelihood to experience some financial distress in the next 2 years | |
| LG Display has accumulated €8.66 Trillion in debt which can lead to volatile earnings | |
| LG Display Co has accumulated 8.66 T in total debt with debt to equity ratio (D/E) of 70.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. LG Display has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist LG Display until it has trouble settling it off, either with new capital or with free cash flow. So, LG Display's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like LG Display sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LGA to invest in growth at high rates of return. When we think about LG Display's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 26.15 T. Net Loss for the year was (3.07 T) with profit before overhead, payroll, taxes, and interest of 1.12 T. |
Additional Information and Resources on Investing in LGA Stock
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 LGA Stock, refer to the following important reports:Check out LG Display Backtesting, LG Display Valuation, LG Display Correlation, LG Display Hype Analysis, LG Display Volatility, LG Display History as well as LG Display Performance. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.