Lg Display Co Stock Beneish M Score
| 034220 Stock | 9,480 450.00 4.53% |
034220 |
At this time, LG Display's M Score is inapplicable. The earnings manipulation may begin if LG Display's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by LG Display executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of LG Display's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About LG Display Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LG Display Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LG Display using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LG Display Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with LG Display
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LG Display position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LG Display will appreciate offsetting losses from the drop in the long position's value.Moving together with 034220 Stock
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Moving against 034220 Stock
The ability to find closely correlated positions to LG Display could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Display when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LG Display - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LG Display Co to buy it.
The correlation of LG Display is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LG Display moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Display moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LG Display can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in 034220 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 034220 Stock, refer to the following important reports:Check out Trending Equities 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 nation. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.