LG Display Correlations

LGA Stock

EUR 3.30 0.02 0.61%

The current 90-days correlation between LG Display and Apple Inc is 0.1 (i.e., Average diversification). The correlation of LG Display is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

LG Display Correlation With Market

Significant diversification

The correlation between LG Display Co and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LG Display Co and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to LG Display could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Display when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LG Display - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LG Display Co to buy it.

Moving together with LGA Stock

0.72	SSU	Samsung Electronics	Pair Corr
0.75	SSUN	Samsung Electronics	Pair Corr
0.74	PKX	POSCO Holdings	Pair Corr

Moving against LGA Stock

0.68	GIS	General Mills	Pair Corr
0.66	MAT1	Panasonic Corp	Pair Corr
0.61	3CP	Xiaomi	Pair Corr
0.58	SK3	Smurfit Kappa Group	Pair Corr
0.58	MIE1	Mitsubishi Electric	Pair Corr
0.55	5EE	MEBUKI FINANCIAL	Pair Corr
0.55	RHM	Rheinmetall AG Earnings Call This Week	Pair Corr
0.52	APC	Apple Inc	Pair Corr
0.52	6GAA	Grupo Aval Acciones	Pair Corr
0.44	C6TB	CHINA BANK ADR20	Pair Corr
0.4	SON1	Sony Group Corp	Pair Corr
0.37	APC	Apple Inc	Pair Corr
0.36	ICK	Industrial and Commercial	Pair Corr
0.36	ICKB	INDCOMMBK CHINA ADR20	Pair Corr

Related Correlations Analysis

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Our tools can tell you how much better you can do entering a position in LG Display without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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LG Display Corporate Management

Elected by the shareholders, the LG Display's board of directors comprises two types of representatives: LG Display inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LGA. The board's role is to monitor LG Display's management team and ensure that shareholders' interests are well served. LG Display's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LG Display's outside directors are responsible for providing unbiased perspectives on the board's policies.

Sang Song	Chief Officer	Profile
Suk Heo	Head Director	Profile
SungHyun Kim	CFO VP	Profile
SangBaek Lee	Managing Director	Profile
Bum Kim	VP Department	Profile
SuHo Jeon	Managing Director	Profile
HoYoung Jeong	CEO, Chairman	Profile

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