L Abbett Growth Fund Technical Analysis

LGLSX Fund  USD 47.83  0.05  0.10%   
As of the 25th of November, L Abbett owns the Mean Deviation of 0.9135, downside deviation of 1.52, and Market Risk Adjusted Performance of 0.2478. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of L Abbett Growth, as well as the relationship between them.

L Abbett Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as LGLSX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LGLSX
  
L Abbett's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
L Abbett technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of L Abbett technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of L Abbett trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

L Abbett Growth Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of L Abbett Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.

L Abbett Growth Trend Analysis

Use this graph to draw trend lines for L Abbett Growth. You can use it to identify possible trend reversals for L Abbett as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual L Abbett price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

L Abbett Best Fit Change Line

The following chart estimates an ordinary least squares regression model for L Abbett Growth applied against its price change over selected period. The best fit line has a slop of   0.15  , which means L Abbett Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 828.28, which is the sum of squared deviations for the predicted L Abbett price change compared to its average price change.

About L Abbett Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of L Abbett Growth on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of L Abbett Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on L Abbett Growth price pattern first instead of the macroeconomic environment surrounding L Abbett Growth. By analyzing L Abbett's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of L Abbett's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to L Abbett specific price patterns or momentum indicators. Please read more on our technical analysis page.

L Abbett November 25, 2024 Technical Indicators

Most technical analysis of LGLSX help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for LGLSX from various momentum indicators to cycle indicators. When you analyze LGLSX charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

L Abbett Growth One Year Return

Based on the recorded statements, L Abbett Growth has an One Year Return of 51%. This is much higher than that of the Lord Abbett family and significantly higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
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.

Other Information on Investing in LGLSX Mutual Fund

L Abbett financial ratios help investors to determine whether LGLSX 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 LGLSX with respect to the benefits of owning L Abbett security.
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