Lord Abbett One Year Return vs. Net Asset
| LGOVX Fund | USD 32.58 0.74 2.32% |
For Lord Abbett profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lord Abbett to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lord Abbett Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lord Abbett's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lord Abbett Growth over time as well as its relative position and ranking within its peers.
Lord |
Lord Abbett Growth Net Asset vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lord Abbett's current stock value. Our valuation model uses many indicators to compare Lord Abbett value to that of its competitors to determine the firm's financial worth. Lord Abbett Growth is number one fund in one year return among similar funds. It also is number one fund in net asset among similar funds making up about 22,288,941 of Net Asset per One 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 Lord Abbett's earnings, one of the primary drivers of an investment's value.Lord Net Asset vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Lord Abbett |
| = | 38.34 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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.
Lord Abbett |
| = | 854.65 M |
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.
Lord Net Asset Comparison
Lord Abbett is currently under evaluation in net asset among similar funds.
Lord Abbett Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lord Abbett, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lord Abbett will eventually generate negative long term returns. The profitability progress is the general direction of Lord Abbett's change in net profit over the period of time. It can combine multiple indicators of Lord 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.
Under normal conditions, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of mid-sized companies. The advisor believes these companies possess revenue and earnings growth potential that can exceed market expectations. The fund may invest up to 10 percent of its net assets in securities of foreign companies, including emerging market companies, ADRs, and other similar depositary receipts. The adviser defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.
Lord Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lord 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 Lord 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 Lord Abbett's important profitability drivers and their relationship over time.
| One Year Return vs Year To Date Return | ||
| Three Year Return vs Net Asset | ||
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| Ten Year Return vs Net Asset | ||
| One Year Return vs Equity Positions Weight |
Use Lord 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 Lord 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 Lord Abbett will appreciate offsetting losses from the drop in the long position's value.Lord Abbett Pair Trading
Lord Abbett Growth Pair Trading Analysis
The ability to find closely correlated positions to Lord 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 Lord 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 Lord 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 Lord Abbett Growth to buy it.
The correlation of Lord 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 Lord Abbett moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lord 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 Lord 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 Lord Abbett position
In addition to having Lord 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 Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores theme has 43 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 Stores Theme or any other thematic opportunities.
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Other Information on Investing in Lord Mutual Fund
To fully project Lord Abbett's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lord 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 Lord Abbett's income statement, its balance sheet, and the statement of cash flows.
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