LG Display (Germany) Price on February 29, 2024
LGA Stock | EUR 3.34 0.04 1.21% |
If you're considering investing in LGA Stock, it is important to understand the factors that can impact its price. As of today, the current price of LG Display stands at 3.34, as last reported on the 30th of November, with the highest price reaching 3.34 and the lowest price hitting 3.34 during the day. LG Display retains Efficiency (Sharpe Ratio) of -0.0755, which conveys that the firm had a -0.0755% return per unit of price deviation over the last 3 months. LG Display exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Display's Information Ratio of (0.13), mean deviation of 1.42, and Market Risk Adjusted Performance of (0.42) to check out the risk estimate we provide.
LGA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LGA |
Sharpe Ratio = -0.0755
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | LGA |
Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LG Display is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of LG Display by adding LG Display to a well-diversified portfolio.
LG Display Valuation on February 29, 2024
It is possible to determine the worth of LG Display on a given historical date. On February 29, 2024 LGA was worth 3.86 at the beginning of the trading date compared to the closed value of 3.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LG Display stock. Still, in general, we apply an absolute valuation method to find LG Display's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of LG Display where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LG Display's related companies.
Open | High | Low | Close | Volume | |
3.82 | 3.84 | 3.82 | 3.84 | 240.00 | |
02/29/2024 | 3.86 | 3.86 | 3.84 | 3.84 | 240.00 |
3.86 | 3.86 | 3.82 | 3.82 | 240.00 |
Backtest LG Display | | | LG Display History | | | LG Display Valuation | Previous | Next |
LG Display Trading Date Momentum on February 29, 2024
On March 01 2024 LG Display Co was traded for 3.82 at the closing time. The highest daily price throughout the period was 3.86 and the lowest price was 3.82 . The daily volume was 240. The net trading volume on 03/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.52% . The trading delta at closing time to current closing price is 5.73% . |
LG Display Fundamentals Correlations and Trends
By evaluating LG Display's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LG Display's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LGA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LG Display Stock history
LG Display investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for LGA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LG Display will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing LG Display stock prices may prove useful in developing a viable investing in LG Display
LG Display Co., Ltd. manufactures and sells thin-film transistor liquid crystal display and organic light emitting diode technology-based display panels in South Korea, China, rest of Asia, Poland, other European countries, and the United States. LG Display Co., Ltd. was founded in 1985 and is headquartered in Seoul, South Korea. LG DISPLAY operates under Consumer Electronics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 30341 people.
LG Display Stock Technical Analysis
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.
Price Boundaries
LG Display Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
LG Display Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
LG Display November 30, 2024 Market Strength
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
LG Display Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LG Display's price direction in advance. Along with the technical and fundamental analysis of LGA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LGA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (0.43) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for LGA 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.
Stocks Directory Find actively traded stocks across global markets | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |