LG Electronics (Germany) Market Value
| LGLG Stock | EUR 15.50 0.30 1.90% |
| Symbol | LGLG |
Please note, there is a significant difference between LG Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if LG Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LG Electronics' 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.
LG Electronics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to LG Electronics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of LG Electronics.
| 08/23/2024 |
| 09/22/2024 |
If you would invest 0.00 in LG Electronics on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding LG Electronics or generate 0.0% return on investment in LG Electronics over 30 days. LG Electronics is related to or competes with Microsoft, Microsoft, Microsoft, Superior Plus, SIVERS SEMICONDUCTORS, Identiv, and Darden Restaurants. More
LG Electronics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure LG Electronics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess LG Electronics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.78 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 5.44 |
LG Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LG Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LG Electronics' standard deviation. In reality, there are many statistical measures that can use LG Electronics historical prices to predict the future LG Electronics' volatility.| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1037 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of LG Electronics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
LG Electronics Backtested Returns
Currently, LG Electronics is not too volatile. LG Electronics retains Efficiency (Sharpe Ratio) of 0.0483, which conveys that the firm had a 0.0483% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for LG Electronics, which you can use to evaluate the volatility of the firm. Please verify LG Electronics' Market Risk Adjusted Performance of 0.1137, standard deviation of 2.44, and Mean Deviation of 1.7 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. LG Electronics has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.94, which conveys possible diversification benefits within a given portfolio. LG Electronics returns are very sensitive to returns on the market. As the market goes up or down, LG Electronics is expected to follow. LG Electronics today owns a risk of 2.44%. Please verify LG Electronics mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if LG Electronics will be following its current price history.
Auto-correlation | -0.19 |
Insignificant reverse predictability
LG Electronics has insignificant reverse predictability. Overlapping area represents the amount of predictability between LG Electronics time series from 23rd of August 2024 to 7th of September 2024 and 7th of September 2024 to 22nd of September 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LG Electronics price movement. The serial correlation of -0.19 indicates that over 19.0% of current LG Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
LG Electronics lagged returns against current returns
Autocorrelation, which is LG Electronics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting LG Electronics' stock expected returns. We can calculate the autocorrelation of LG Electronics returns to help us make a trade decision. For example, suppose you find that LG Electronics has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
LG Electronics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If LG Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LG Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LG Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
LG Electronics Lagged Returns
When evaluating LG Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LG Electronics stock have on its future price. LG Electronics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, LG Electronics autocorrelation shows the relationship between LG Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in LG Electronics.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for LGLG Stock Analysis
When running LG Electronics' price analysis, check to measure LG Electronics' 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 Electronics is operating at the current time. Most of LG Electronics' value examination focuses on studying past and present price action to predict the probability of LG Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LG Electronics' price. Additionally, you may evaluate how the addition of LG Electronics to your portfolios can decrease your overall portfolio volatility.