Lg Display Co Stock Beta

LPL Stock  USD 4.10  0.02  0.49%   
LG Display Co fundamentals help investors to digest information that contributes to LG Display's financial success or failures. It also enables traders to predict the movement of LPL Stock. The fundamental analysis module provides a way to measure LG Display's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to LG Display stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

LPL Beta Analysis

LG Display's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current LG Display Beta

    
  1.11  
Most of LG Display's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LG Display Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

LPL Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for LG Display is extremely important. It helps to project a fair market value of LPL Stock properly, considering its historical fundamentals such as Beta. Since LG Display's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LG Display's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LG Display's interrelated accounts and indicators.
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Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, LG Display Co has a Beta of 1.11. This is 4.72% higher than that of the Electronic Equipment, Instruments & Components sector and 32.14% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

LPL Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LG Display's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. 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 of similar companies.
LG Display is rated below average in beta category among related companies.

LG Display Institutional Holders

Institutional Holdings refers to the ownership stake in LG Display that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of LG Display's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing LG Display's value.
Shares
Blackrock Inc2023-12-31
117.2 K
Ethic Inc.2023-12-31
101.4 K
Citadel Advisors Llc2023-09-30
98 K
Hpm Partners Llc2023-09-30
88.7 K
Citigroup Inc2023-09-30
79 K
Flow Traders U.s. Llc2023-09-30
72.2 K
Pnc Financial Services Group Inc2023-09-30
67.9 K
Marshall Wace Asset Management Ltd2023-12-31
66.6 K
Mariner Wealth Advisors, Llc2023-09-30
66.2 K
Morgan Stanley - Brokerage Accounts2023-09-30
5.5 M
Dimensional Fund Advisors, Inc.2023-12-31
3.9 M
LG Display returns are very sensitive to returns on the market. As the market goes up or down, LG Display is expected to follow.

LPL Fundamentals

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.
LG Display Co., Ltd. engages in the design, manufacture, and sale of thin-film transistor liquid crystal display and organic light emitting diode technology-based display panels. LG Display Co., Ltd. was incorporated in 1985 and is headquartered in Seoul, South Korea. Lg Display operates under Consumer Electronics classification in the United States and is traded on New York Stock Exchange. It employs 70707 people.

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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 Piotroski F Score and LG Display Altman Z Score analysis.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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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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
(2.75)
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.