LG Electronics (Germany) Market Value

LGLG Stock  EUR 13.80  0.30  2.13%   
LG Electronics' market value is the price at which a share of LG Electronics trades on a public exchange. It measures the collective expectations of LG Electronics investors about its performance. LG Electronics is trading at 13.80 as of the 16th of December 2024. This is a 2.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 13.1.
With this module, you can estimate the performance of a buy and hold strategy of LG Electronics and determine expected loss or profit from investing in LG Electronics over a given investment horizon. Check out LG Electronics Correlation, LG Electronics Volatility and LG Electronics Alpha and Beta module to complement your research on LG Electronics.
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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.
0.00
11/16/2024
No Change 0.00  0.0 
In 30 days
12/16/2024
0.00
If you would invest  0.00  in LG Electronics on November 16, 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 Samsung Electronics, Sony, Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communications,... 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.

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.
Hype
Prediction
LowEstimatedHigh
11.6313.8015.97
Details
Intrinsic
Valuation
LowRealHigh
12.0614.2316.40
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LG Electronics. Your research has to be compared to or analyzed against LG Electronics' peers to derive any actionable benefits. When done correctly, LG Electronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LG Electronics.

LG Electronics Backtested Returns

LG Electronics retains Efficiency (Sharpe Ratio) of -0.0709, which conveys that the firm had a -0.0709% return per unit of price deviation over the last 3 months. LG Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LG Electronics' Market Risk Adjusted Performance of (0.41), mean deviation of 1.54, and Information Ratio of (0.11) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LG Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding LG Electronics is expected to be smaller as well. At this point, LG Electronics has a negative expected return of -0.16%. Please make sure to verify LG Electronics' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if LG Electronics performance from the past will be repeated sooner or later.

Auto-correlation

    
  0.32  

Below average predictability

LG Electronics has below average predictability. Overlapping area represents the amount of predictability between LG Electronics time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th of December 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 0.32 indicates that nearly 32.0% of current LG Electronics price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.48
Residual Average0.0
Price Variance0.09

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  

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Other Information on Investing in LGLG Stock

LG Electronics financial ratios help investors to determine whether LGLG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LGLG with respect to the benefits of owning LG Electronics security.