Lord Abbett Growth Fund Market Value

LGLCX Fund  USD 41.07  0.71  1.76%   
Lord Abbett's market value is the price at which a share of Lord Abbett trades on a public exchange. It measures the collective expectations of Lord Abbett Growth investors about its performance. Lord Abbett is trading at 41.07 as of the 23rd of December 2024; that is 1.76 percent increase since the beginning of the trading day. The fund's open price was 40.36.
With this module, you can estimate the performance of a buy and hold strategy of Lord Abbett Growth and determine expected loss or profit from investing in Lord Abbett over a given investment horizon. Check out Lord Abbett Correlation, Lord Abbett Volatility and Lord Abbett Alpha and Beta module to complement your research on Lord Abbett.
Symbol

Please note, there is a significant difference between Lord Abbett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lord Abbett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lord Abbett's 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.

Lord Abbett '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 Lord Abbett's mutual fund 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 Lord Abbett.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/23/2024
0.00
If you would invest  0.00  in Lord Abbett on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Lord Abbett Growth or generate 0.0% return on investment in Lord Abbett over 720 days. Lord Abbett is related to or competes with Lord Abbett, Lord Abbett, Lord Abbett, Floating Rate, Floating Rate, Floating Rate, and Lord Abbett. The fund invests in equity securities of U.S More

Lord Abbett 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 Lord Abbett's mutual fund 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 Lord Abbett Growth upside and downside potential and time the market with a certain degree of confidence.

Lord Abbett Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lord Abbett's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lord Abbett's standard deviation. In reality, there are many statistical measures that can use Lord Abbett historical prices to predict the future Lord Abbett's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lord Abbett's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
39.7841.0742.36
Details
Intrinsic
Valuation
LowRealHigh
36.9644.0745.36
Details
Naive
Forecast
LowNextHigh
39.3640.6541.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.9241.2642.60
Details

Lord Abbett Growth Backtested Returns

Lord Abbett appears to be very steady, given 3 months investment horizon. Lord Abbett Growth has Sharpe Ratio of 0.18, which conveys that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lord Abbett, which you can use to evaluate the volatility of the fund. Please exercise Lord Abbett's Mean Deviation of 0.8922, downside deviation of 1.51, and Risk Adjusted Performance of 0.1547 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.01, which conveys a somewhat significant risk relative to the market. Lord Abbett returns are very sensitive to returns on the market. As the market goes up or down, Lord Abbett is expected to follow.

Auto-correlation

    
  0.77  

Good predictability

Lord Abbett Growth has good predictability. Overlapping area represents the amount of predictability between Lord Abbett time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 Lord Abbett Growth price movement. The serial correlation of 0.77 indicates that around 77.0% of current Lord Abbett price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.68
Residual Average0.0
Price Variance11.24

Lord Abbett Growth lagged returns against current returns

Autocorrelation, which is Lord Abbett mutual fund'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 Lord Abbett's mutual fund expected returns. We can calculate the autocorrelation of Lord Abbett returns to help us make a trade decision. For example, suppose you find that Lord Abbett has exhibited high autocorrelation historically, and you observe that the mutual fund 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  

Lord Abbett 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 Lord Abbett mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lord Abbett mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lord Abbett mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Lord Abbett Lagged Returns

When evaluating Lord Abbett's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lord Abbett mutual fund have on its future price. Lord Abbett 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, Lord Abbett autocorrelation shows the relationship between Lord Abbett mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lord Abbett Growth.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Lord Mutual Fund

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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