Clearbridge International Growth Fund Market Value

LMGFX Fund  USD 62.83  0.10  0.16%   
Clearbridge International's market value is the price at which a share of Clearbridge International trades on a public exchange. It measures the collective expectations of Clearbridge International Growth investors about its performance. Clearbridge International is trading at 62.83 as of the 25th of December 2024; that is 0.16 percent increase since the beginning of the trading day. The fund's open price was 62.73.
With this module, you can estimate the performance of a buy and hold strategy of Clearbridge International Growth and determine expected loss or profit from investing in Clearbridge International over a given investment horizon. Check out Clearbridge International Correlation, Clearbridge International Volatility and Clearbridge International Alpha and Beta module to complement your research on Clearbridge International.
Symbol

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

Clearbridge International '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 Clearbridge International'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 Clearbridge International.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Clearbridge International on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Clearbridge International Growth or generate 0.0% return on investment in Clearbridge International over 30 days. Clearbridge International is related to or competes with Clearbridge Aggressive, Clearbridge Small, Qs International, Clearbridge Appreciation, Legg Mason, Western Asset, and Western Asset. The fund normally invests primarily in common stocks of foreign companies that, in the portfolio managers opinion, appea... More

Clearbridge International 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 Clearbridge International'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 Clearbridge International Growth upside and downside potential and time the market with a certain degree of confidence.

Clearbridge International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Clearbridge International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clearbridge International's standard deviation. In reality, there are many statistical measures that can use Clearbridge International historical prices to predict the future Clearbridge International's volatility.
Hype
Prediction
LowEstimatedHigh
62.0662.8363.60
Details
Intrinsic
Valuation
LowRealHigh
62.5663.3364.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Clearbridge International. Your research has to be compared to or analyzed against Clearbridge International's peers to derive any actionable benefits. When done correctly, Clearbridge International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Clearbridge International.

Clearbridge International Backtested Returns

Clearbridge International secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the fund had a -0.18% return per unit of standard deviation over the last 3 months. Clearbridge International Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clearbridge International's mean deviation of 0.6448, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Clearbridge International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clearbridge International is expected to be smaller as well.

Auto-correlation

    
  -0.88  

Excellent reverse predictability

Clearbridge International Growth has excellent reverse predictability. Overlapping area represents the amount of predictability between Clearbridge International time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Clearbridge International price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Clearbridge International price fluctuation can be explain by its past prices.
Correlation Coefficient-0.88
Spearman Rank Test-0.67
Residual Average0.0
Price Variance1.51

Clearbridge International lagged returns against current returns

Autocorrelation, which is Clearbridge International 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 Clearbridge International's mutual fund expected returns. We can calculate the autocorrelation of Clearbridge International returns to help us make a trade decision. For example, suppose you find that Clearbridge International 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  

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

Clearbridge International Lagged Returns

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

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Other Information on Investing in Clearbridge Mutual Fund

Clearbridge International financial ratios help investors to determine whether Clearbridge 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 Clearbridge with respect to the benefits of owning Clearbridge International security.
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