L Abbett Growth Fund Manager Performance Evaluation
| LGLUX Fund | USD 50.76 0.87 1.74% |
The entity owns a Beta (Systematic Risk) of 1.01, which conveys a somewhat significant risk relative to the market. L Abbett returns are very sensitive to returns on the market. As the market goes up or down, L Abbett is expected to follow.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in L Abbett Growth are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, L Abbett showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 0.6600 |
LGLUX |
L Abbett Relative Risk vs. Return Landscape
If you would invest 4,348 in L Abbett Growth on September 23, 2024 and sell it today you would earn a total of 728.00 from holding L Abbett Growth or generate 16.74% return on investment over 90 days. L Abbett Growth is currently producing 0.2465% returns and takes up 1.2787% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than LGLUX, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
L Abbett Current Valuation
Undervalued
Today
Please note that L Abbett's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. L Abbett Growth owns a latest Real Value of $54.46 per share. The recent price of the fund is $50.76. We determine the value of L Abbett Growth from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, sooner or later, mutual fund prices and their ongoing real values will come together.
Since L Abbett is currently traded on the exchange, buyers and sellers on that exchange determine the market value of LGLUX Mutual Fund. However, L Abbett's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 50.76 | Real 54.46 | Hype 50.76 | Naive 50.24 |
The intrinsic value of L Abbett's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence L Abbett's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of L Abbett Growth helps investors to forecast how LGLUX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of L Abbett more accurately as focusing exclusively on L Abbett's fundamentals will not take into account other important factors: L Abbett Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for L Abbett's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as L Abbett Growth, and traders can use it to determine the average amount a L Abbett's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1928
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LGLUX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average L Abbett is performing at about 15% of its full potential. 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 L Abbett by adding it to a well-diversified portfolio.
L Abbett Fundamentals Growth
LGLUX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of L Abbett, and L Abbett fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on LGLUX Mutual Fund performance.
| Total Asset | 9.17 B | ||||
About L Abbett Performance
Evaluating L Abbett's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if L Abbett has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if L Abbett has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in equity securities of U.S. and foreign companies across all market capitalization ranges that the portfolio management team believes demonstrate above-average, long-term growth potential. Under normal conditions, it invests at least 50 percent of its net assets in companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000 Index.Things to note about L Abbett Growth performance evaluation
Checking the ongoing alerts about L Abbett for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for L Abbett Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains all of its assets in stocks |
- Analyzing L Abbett's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether L Abbett's stock is overvalued or undervalued compared to its peers.
- Examining L Abbett's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating L Abbett's management team can have a significant impact on its success or failure. Reviewing the track record and experience of L Abbett's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of L Abbett's mutual fund. These opinions can provide insight into L Abbett's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in LGLUX Mutual Fund
L Abbett financial ratios help investors to determine whether LGLUX Mutual Fund 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 LGLUX with respect to the benefits of owning L Abbett security.
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