Former Tesla Shanghai Plant Leader Joins Envision Energy
| LGLUX Fund | USD 50.76 0.87 1.74% |
Slightly above 55% of L Abbett's investors are presently thinking to get in. The analysis of overall sentiment of trading L Abbett Growth mutual fund suggests that some investors are interested at this time. L Abbett's investing sentiment can be driven by a variety of factors including economic data, L Abbett's earnings reports, geopolitical events, and overall market trends.
LGLUX |
The former head of Teslas Shanghai Gigafactory, Song Gang, has reportedly joined Envision Energy, part of the Envision Technology Group. Reports indicat
Read at gurufocus.com
 |
L Abbett Fundamental Analysis
We analyze L Abbett's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L Abbett using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L Abbett 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.
Five Year Return
Five Year Return Comparative Analysis
L Abbett is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
L Abbett Growth Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with L Abbett mutual fund to make a market-neutral strategy. Peer analysis of L Abbett could also be used in its relative valuation, which is a method of valuing L Abbett by comparing valuation metrics with similar companies.
Peers
L Abbett Related Equities
| LFVAX | Lord Abbett | 0.63 | ||||
| LFSFX | Lord Abbett | 0.61 | ||||
| LFVCX | Lord Abbett | 0.60 | ||||
| ELMCX | Lord Abbett | 0.32 | ||||
| ELMFX | Lord Abbett | 0.32 | ||||
| LFRAX | Floating Rate | 0.12 | ||||
| LFRRX | Lord Abbett | 0.12 | ||||
| LFRFX | Floating Rate | 0.12 | ||||
| LFRIX | Floating Rate | 0.12 | ||||
| LFROX | Lord Abbett | 0.12 |
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |