Lord Abbett Growth Fund Chance Of Distress
LGLCX Fund | USD 41.36 0.29 0.71% |
Lord |
Lord Abbett Growth Mutual Fund chance of distress Analysis
Lord Abbett's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Lord Abbett Probability Of Bankruptcy | Less than 17% |
Most of Lord Abbett's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lord Abbett Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Lord Abbett probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Lord Abbett odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Lord Abbett Growth financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Based on the latest financial disclosure, Lord Abbett Growth has a Probability Of Bankruptcy of 17.0%. This is much higher than that of the Lord Abbett family and significantly higher than that of the Large Growth category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.
Lord Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lord Abbett's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Lord Abbett could also be used in its relative valuation, which is a method of valuing Lord Abbett by comparing valuation metrics of similar companies.Lord Abbett is currently under evaluation in probability of bankruptcy among similar funds.
Lord Fundamentals
Price To Earning | 30.50 X | ||||
Price To Book | 5.79 X | ||||
Price To Sales | 4.15 X | ||||
Total Asset | 9.17 B | ||||
Year To Date Return | 50.84 % | ||||
One Year Return | 51.87 % | ||||
Three Year Return | 7.58 % | ||||
Five Year Return | 18.40 % | ||||
Net Asset | 4.14 B | ||||
Equity Positions Weight | 100.00 % |
About Lord Abbett Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lord Abbett Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lord Abbett using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lord Abbett Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Lord Abbett financial ratios help investors to determine whether Lord 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 Lord with respect to the benefits of owning Lord Abbett security.
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