L Abbett Five Year Return vs. Net Asset
| LGLVX Fund | USD 51.94 0.14 0.27% |
For L Abbett profitability analysis, we use financial ratios and fundamental drivers that measure the ability of L Abbett to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well L Abbett Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between L Abbett's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of L Abbett Growth over time as well as its relative position and ranking within its peers.
LGLVX |
L Abbett Growth Net Asset vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining L Abbett's current stock value. Our valuation model uses many indicators to compare L Abbett value to that of its competitors to determine the firm's financial worth. L Abbett Growth is number one fund in five year return among similar funds. It also is number one fund in net asset among similar funds making up about 211,724,788 of Net Asset per Five Year Return. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the L Abbett's earnings, one of the primary drivers of an investment's value.LGLVX Net Asset vs. Five Year Return
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 |
| = | 19.53 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
L Abbett |
| = | 4.14 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
LGLVX Net Asset Comparison
L Abbett is currently under evaluation in net asset among similar funds.
L Abbett Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in L Abbett, profitability is also one of the essential criteria for including it into their portfolios because, without profit, L Abbett will eventually generate negative long term returns. The profitability progress is the general direction of L Abbett's change in net profit over the period of time. It can combine multiple indicators of L Abbett, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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. Under normal conditions, it invests at least 50 percent of its net assets in companies having a market capitalization at the time of purchase that falls within the market capitalization range of companies in the Russell 1000 Index.
LGLVX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on L Abbett. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of L Abbett position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the L Abbett's important profitability drivers and their relationship over time.
| Five Year Return vs Year To Date Return | ||
| One Year Return vs Net Asset | ||
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| Equity Positions Weight vs Net Asset |
Use L Abbett in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if L Abbett position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in L Abbett will appreciate offsetting losses from the drop in the long position's value.L Abbett Pair Trading
L Abbett Growth Pair Trading Analysis
The ability to find closely correlated positions to L Abbett could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace L Abbett when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back L Abbett - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling L Abbett Growth to buy it.
The correlation of L Abbett is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as L Abbett moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if L Abbett Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for L Abbett can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your L Abbett position
In addition to having L Abbett in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in LGLVX Mutual Fund
To fully project L Abbett's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of L Abbett Growth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include L Abbett's income statement, its balance sheet, and the statement of cash flows.
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