LG Electronics (Germany) Price on August 23, 2023
LGLG Stock | EUR 13.10 0.80 5.76% |
If you're considering investing in LGLG Stock, it is important to understand the factors that can impact its price. As of today, the current price of LG Electronics stands at 13.10, as last reported on the 20th of December, with the highest price reaching 13.10 and the lowest price hitting 13.10 during the day. LG Electronics retains Efficiency (Sharpe Ratio) of -0.12, which conveys that the firm had a -0.12% return per unit of price deviation over the last 3 months. LG Electronics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Electronics' Information Ratio of (0.15), mean deviation of 1.56, and Market Risk Adjusted Performance of (1.01) to check out the risk estimate we provide.
LGLG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LGLG |
Sharpe Ratio = -0.1198
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Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LG Electronics 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 Electronics by adding LG Electronics to a well-diversified portfolio.
LG Electronics Valuation on August 23, 2023
It is possible to determine the worth of LG Electronics on a given historical date. On August 23, 2023 LGLG was worth 14.62 at the beginning of the trading date compared to the closed value of 14.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LG Electronics stock. Still, in general, we apply an absolute valuation method to find LG Electronics' 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 Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LG Electronics' related companies.
Open | High | Low | Close | Volume | |
15.20 | 15.20 | 15.01 | 15.01 | 120.00 | |
08/23/2023 | 14.62 | 14.62 | 14.62 | 14.62 | 1.00 |
15.20 | 15.20 | 15.20 | 15.20 | 200.00 |
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LG Electronics Trading Date Momentum on August 23, 2023
On August 24 2023 LG Electronics was traded for 15.20 at the closing time. The maximum traded price for the trading interval was 15.20 and the lowest daily price was 15.20 . The daily volume was recorded at 200. The volume of trading on 24th of August 2023 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 3.97% . The trading delta at closing time to the closing price today is 5.34% . |
LG Electronics Fundamentals Correlations and Trends
By evaluating LG Electronics' 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 Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LGLG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LG Electronics Stock history
LG Electronics 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 LGLG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LG Electronics 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 Electronics stock prices may prove useful in developing a viable investing in LG Electronics
LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea. LG ELECT is traded on Frankfurt Stock Exchange in Germany.
LG Electronics Stock Technical Analysis
LG Electronics 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 Electronics Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
LG Electronics 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 Electronics December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how LG Electronics 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 Electronics shares will generate the highest return on investment. By undertsting and applying LG Electronics stock market strength indicators, traders can identify LG Electronics entry and exit signals to maximize returns
LG Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LG Electronics' price direction in advance. Along with the technical and fundamental analysis of LGLG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LGLG 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 | (0.10) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | (1.02) |
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Volume Indicators |
Complementary 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.
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