LG Display Technical Analysis

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LPL -- USA Stock  

Report: 12th of August 2020  

As of the 9th of July, LG Display owns the mean deviation of 2.72, standard deviation of 3.56, and market risk adjusted performance of 0.3158. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of LG Display, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for LG Display, which can be compared to its peers in the sector. Please verify LG Display standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if LG Display Co is priced some-what accurately, providing market reflects its prevailing price of 5.19 per share. Given that LG Display has jensen alpha of 0.1818, we recommend you to check LG Display's latest market performance to make sure the company can sustain itself sooner or later.

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Target PriceAdvice# of Analysts
7.4Buy1Odds
LG Display Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus. Most LG Display analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand LG Display stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LG Display, talking to its executives and customers, or listening to LG Display conference calls.
LG Display Analyst Advice Details
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.
A focus of LG Display technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LG Display trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

LG Display Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of LG Display volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

LG Display Trend Analysis

Use this graph to draw trend lines for LG Display Co. You can use it to identify possible trend reversals for LG Display as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual LG Display price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

LG Display Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LG Display Co applied against its price change over selected period. The best fit line has a slop of   0.014039  , which may imply that LG Display Co will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 7.45, which is the sum of squared deviations for the predicted LG Display price change compared to its average price change.

About LG Display Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of LG Display Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of LG Display Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LG Display stock first instead of the macroeconomic environment surrounding LG Display . By analyzing LG Display's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of LG Display's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to LG Display specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2018 2019 2020 (projected)
Book Value per Share40.17 K39.07 K31.69 K35.55 K
Asset Turnover1.030.780.680.81

LG Display July 9, 2020 Technical Indicators

Most technical analysis of LG Display stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for LG Display from various momentum indicators to cycle indicators. When you analyze LG Display charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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
Risk Adjusted Performance0.2052
Market Risk Adjusted Performance0.3158
Mean Deviation2.72
Semi Deviation3.12
Downside Deviation3.34
Coefficient Of Variation915.61
Standard Deviation3.56
Variance12.68
Information Ratio0.0617
Jensen Alpha0.1818
Total Risk Alpha0.0701
Sortino Ratio0.0657
Treynor Ratio0.3058
Maximum Drawdown19.28
Value At Risk(5.02)
Potential Upside5.54
Downside Variance11.19
Semi Variance9.71
Expected Short fall(2.87)
Skewness0.3943
Kurtosis0.8796

LG Display July 9, 2020 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as LG Display stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution  11,854  
Daily Balance Of Power (0.47)  
Rate Of Daily Change  0.99  
Day Median Price  5.18  
Day Typical Price  5.18  
Price Action Indicator (0.02)  
Additionally, see Stocks Correlation. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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