Clearbridge Large Cap Etf Market Value
| LRGE Etf | USD 78.51 0.22 0.28% |
| Symbol | ClearBridge |
The market value of ClearBridge Large Cap is measured differently than its book value, which is the value of ClearBridge that is recorded on the company's balance sheet. Investors also form their own opinion of ClearBridge Large's value that differs from its market value or its book value, called intrinsic value, which is ClearBridge Large's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ClearBridge Large's market value can be influenced by many factors that don't directly affect ClearBridge Large's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ClearBridge Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearBridge Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearBridge Large'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 Large '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 Large's etf 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 Large.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in ClearBridge Large on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding ClearBridge Large Cap or generate 0.0% return on investment in ClearBridge Large over 30 days. ClearBridge Large is related to or competes with ClearBridge Dividend, Janus Henderson, Janus Henderson, and Principal Quality. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80 percent of its net ... More
ClearBridge Large 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 Large's etf 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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9428 | |||
| Information Ratio | 0.0307 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.44 |
ClearBridge Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ClearBridge Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ClearBridge Large's standard deviation. In reality, there are many statistical measures that can use ClearBridge Large historical prices to predict the future ClearBridge Large's volatility.| Risk Adjusted Performance | 0.0326 | |||
| Jensen Alpha | 0.0274 | |||
| Total Risk Alpha | 0.0266 | |||
| Sortino Ratio | 0.0285 | |||
| Treynor Ratio | 0.0624 |
ClearBridge Large Cap Backtested Returns
At this point, ClearBridge Large is very steady. ClearBridge Large Cap secures Sharpe Ratio (or Efficiency) of 0.0799, which signifies that the etf had a 0.0799 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for ClearBridge Large Cap, which you can use to evaluate the volatility of the entity. Please confirm ClearBridge Large's mean deviation of 0.6823, and Risk Adjusted Performance of 0.0326 to double-check if the risk estimate we provide is consistent with the expected return of 0.0696%. The etf shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ClearBridge Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding ClearBridge Large is expected to be smaller as well.
Auto-correlation | 0.09 |
Virtually no predictability
ClearBridge Large Cap has virtually no predictability. Overlapping area represents the amount of predictability between ClearBridge Large time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. 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 Large Cap price movement. The serial correlation of 0.09 indicates that less than 9.0% of current ClearBridge Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
ClearBridge Large Cap lagged returns against current returns
Autocorrelation, which is ClearBridge Large etf'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 Large's etf expected returns. We can calculate the autocorrelation of ClearBridge Large returns to help us make a trade decision. For example, suppose you find that ClearBridge Large has exhibited high autocorrelation historically, and you observe that the etf 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 Large 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 Large etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ClearBridge Large etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ClearBridge Large etf over time.
Current vs Lagged Prices |
| Timeline |
ClearBridge Large Lagged Returns
When evaluating ClearBridge Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ClearBridge Large etf have on its future price. ClearBridge Large 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 Large autocorrelation shows the relationship between ClearBridge Large etf current value and its past values and can show if there is a momentum factor associated with investing in ClearBridge Large Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ClearBridge Large Cap is a strong investment it is important to analyze ClearBridge Large's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ClearBridge Large's future performance. For an informed investment choice regarding ClearBridge Etf, refer to the following important reports:Check out ClearBridge Large Correlation, ClearBridge Large Volatility and ClearBridge Large Alpha and Beta module to complement your research on ClearBridge Large. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
ClearBridge Large technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.