LGLIX Mutual Fund Manager Performance Evaluation

LGLIX -  USA Fund  

USD 34.65  0.16  0.46%

The fund secures a Beta (Market Risk) of -0.1148, which conveys not very significant fluctuations relative to the market. Let's try to break down what LGLIX's beta means in this case. As returns on the market increase, returns on owning Lord Abbett are expected to decrease at a much lower rate. During the bear market, Lord Abbett is likely to outperform the market. Even though it is essential to pay attention to Lord Abbett Growth price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Lord Abbett exposes twenty-one different technical indicators, which can help you to evaluate its performance.

LGLIX Mutual Fund Performance 

 
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LGLIX Performance
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Over the last 90 days Lord Abbett Growth has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's forward indicators remain fairly strong which may send shares a bit higher in February 2022. The current disturbance may also be a sign of long term up-swing for the fund investors.
Fifty Two Week Low36.39
Fifty Two Week High56.83
Annual Report Expense Ratio0.65%

Lord Abbett Relative Risk vs. Return Landscape

If you would invest  5,455  in Lord Abbett Growth on October 29, 2021 and sell it today you would lose (1,990)  from holding Lord Abbett Growth or give up 36.48% of portfolio value over 90 days. Lord Abbett Growth is currently producing negative expected returns and takes up 2.9972% volatility of returns over 90 trading days. Put another way, 25% of traded mutual funds are less volatile than LGLIX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Lord Abbett is expected to under-perform the market. In addition to that, the company is 3.56 times more volatile than its market benchmark. It trades about -0.23 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of volatility.

Lord Abbett Current Valuation

Overvalued
Today 34.65
Share
Please note that Lord Abbett's price fluctuation is very steady at this time.
Lord Abbett Growth secures a last-minute Real Value of $33.43 per share. The latest price of the fund is $34.65. At this time, the fund appears to be overvalued. We determine the value of Lord Abbett Growth from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will merge together.
Our valuation method for Lord Abbett Growth is useful when determining the fair value of the LGLIX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Lord Abbett. Since Lord Abbett is currently traded on the exchange, buyers and sellers on that exchange determine the market value of LGLIX Mutual Fund. However, Lord 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.
33.43
Real Value
36.43
Upside
Estimating the potential upside or downside of Lord Abbett Growth helps investors to forecast how LGLIX 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 Lord Abbett more accurately as focusing exclusively on Lord Abbett's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.8039.6254.44
Details
Hype
Prediction
LowEstimated ValueHigh
24.2427.2438.12
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Potential
Annual Dividend
LowIncome Per ShareHigh
1.271.461.64
Details

Lord Abbett Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lord Abbett's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Lord Abbett Growth, and traders can use it to determine the average amount a Lord 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 = -0.2311

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Negative ReturnsLGLIX
Estimated Market Risk
 3.0
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 -0.69
  actual daily
 
 0 %
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00
Risk-Adjusted Return
 -0.23
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 0 %
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00
Based on monthly moving average Lord Abbett is performing at about 0% 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 Lord Abbett by adding it to a well-diversified portfolio.

About Lord Abbett Performance

To evaluate Lord Abbett Growth Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Lord Abbett generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare LGLIX Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Lord Abbett Growth stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents LGLIX's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
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. Lord Abbett is traded on NASDAQ Exchange in the United States.

Things to note about Lord Abbett Growth

Checking the ongoing alerts about Lord Abbett for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lord Abbett Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Lord Abbett Alerts

Equity Alerts and Improvement Suggestions

Lord Abbett Growth generated a negative expected return over the last 90 days
Lord Abbett Growth is unlikely to experience financial distress in the next 2 years
The fund maintains all of its assets in stocks
Additionally, see Stocks Correlation. Note that the Lord Abbett Growth information on this page should be used as a complementary analysis to other Lord Abbett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Lord Abbett Growth price analysis, check to measure Lord Abbett's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lord Abbett is operating at the current time. Most of Lord Abbett's value examination focuses on studying past and present price action to predict the probability of Lord Abbett's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lord Abbett's price. Additionally, you may evaluate how the addition of Lord Abbett to your portfolios can decrease your overall portfolio volatility.
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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 Lord Abbett value 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.