Lebenthal Mutual Fund Quote

LEAAX
 Fund
  

USD 10.03  0.01  0.1%   

Market Performance
22 of 100
Odds Of Distress
Less than 3
Lebenthal Ultra is trading at 10.03 as of the 26th of November 2022; that is 0.1% increase since the beginning of the trading day. The fund's open price was 10.02. Lebenthal Ultra has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Lebenthal Ultra Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2022 and ending today, the 26th of November 2022. Click here to learn more.
The fund invests primarily in municipal securities, the income from which is exempt from federal income tax. Lebenthal Ultra is traded on NASDAQ Exchange in the United States. More on Lebenthal Ultra Short

Lebenthal Ultra Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lebenthal Ultra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lebenthal Ultra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund maintains about 17.09% of its assets in cash
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Lebenthal Ultra's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
Startdate30th of December 2019
Lebenthal Ultra Short [LEAAX] is traded in USA and was established 26th of November 2022. The fund is listed under Muni National Short category and is part of Lebenthal family. Lebenthal Ultra Short now has accumulated 9.56 M in assets with no minimum investment requirements
Check Lebenthal Ultra Probability Of Bankruptcy

Instrument Allocation

Lebenthal Ultra Target Price Odds Analysis

Based on a normal probability distribution, the odds of Lebenthal Ultra jumping above the current price in 90 days from now is about 1.1%. The Lebenthal Ultra Short probability density function shows the probability of Lebenthal Ultra mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Lebenthal Ultra has a beta of 0.0061. This indicates as returns on the market go up, Lebenthal Ultra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lebenthal Ultra Short will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Lebenthal Ultra Short is significantly underperforming DOW.
  Odds Below 10.03HorizonTargetOdds Above 10.03
98.24%90 days
 10.03 
1.10%
Based on a normal probability distribution, the odds of Lebenthal Ultra to move above the current price in 90 days from now is about 1.1 (This Lebenthal Ultra Short probability density function shows the probability of Lebenthal Mutual Fund to fall within a particular range of prices over 90 days) .

Lebenthal Ultra Short Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lebenthal Ultra market risk premium is the additional return an investor will receive from holding Lebenthal Ultra long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lebenthal Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lebenthal Ultra's alpha and beta are two of the key measurements used to evaluate Lebenthal Ultra's performance over the market, the standard measures of volatility play an important role as well.

Lebenthal Ultra Against Markets

Picking the right benchmark for Lebenthal Ultra mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lebenthal Ultra mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lebenthal Ultra is critical whether you are bullish or bearish towards Lebenthal Ultra Short at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lebenthal Ultra without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Lebenthal Ultra Short?

The danger of trading Lebenthal Ultra Short is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lebenthal Ultra is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lebenthal Ultra. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lebenthal Ultra Short is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the Lebenthal Ultra Short information on this page should be used as a complementary analysis to other Lebenthal Ultra's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Lebenthal Ultra Short price analysis, check to measure Lebenthal Ultra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lebenthal Ultra is operating at the current time. Most of Lebenthal Ultra's value examination focuses on studying past and present price action to predict the probability of Lebenthal Ultra's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lebenthal Ultra's price. Additionally, you may evaluate how the addition of Lebenthal Ultra to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lebenthal Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine Lebenthal Ultra value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lebenthal Ultra'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.