LORD ABBETT is trading at 19.93 as of the 2nd of October 2023; that is -0.4% down since the beginning of the trading day. The fund's open price was 20.01. LORD ABBETT has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for LORD ABBETT ALPHA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2023 and ending today, the 2nd of October 2023. Click here to learn more.
The fund is a fund of funds that invests in affiliated mutual funds managed by Lord, Abbett Co. Lord Abbett is traded on NASDAQ Exchange in the United States. More on LORD ABBETT ALPHA
LORD 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. LORD ABBETT's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LORD ABBETT or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on LORD Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding LORD Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as LORD ABBETT ALPHA Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top LORD ABBETT ALPHA Mutual Fund Constituents
LORD ABBETT Target Price Odds Analysis
Based on a normal probability distribution, the odds of LORD ABBETT jumping above the current price in 90 days from now is roughly 96.0%. The LORD ABBETT ALPHA probability density function shows the probability of LORD ABBETT mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1814. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, LORD ABBETT will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. LORD ABBETT ALPHA is significantly underperforming NYSE Composite.
LORD ABBETT ALPHA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. LORD ABBETT market risk premium is the additional return an investor will receive from holding LORD ABBETT 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 LORD ABBETT. 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 LORD ABBETT's alpha and beta are two of the key measurements used to evaluate LORD ABBETT's performance over the market, the standard measures of volatility play an important role as well.
LORD ABBETT Against Markets
Picking the right benchmark for LORD ABBETT 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 LORD ABBETT 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 LORD ABBETT is critical whether you are bullish or bearish towards LORD ABBETT ALPHA at a given time. Please also check how LORD ABBETT's historical prices are related to one of the top price index indicators.
Be your own money managerOur tools can tell you how much better you can do entering a position in LORD ABBETT 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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How to buy LORD Mutual Fund?Before investing in LORD ABBETT, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in LORD ABBETT. To buy LORD ABBETT fund, you can follow these steps:
- Choose a brokerage firm: You need to select a brokerage firm to buy shares of LORD ABBETT. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase LORD ABBETT fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located LORD ABBETT ALPHA fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased LORD ABBETT ALPHA fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as LORD ABBETT ALPHA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in LORD ABBETT ALPHA?
The danger of trading LORD ABBETT ALPHA 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 LORD ABBETT 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 LORD ABBETT. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LORD ABBETT ALPHA 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in LORD ABBETT ALPHA. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for LORD Mutual Fund analysis
When running LORD ABBETT's price analysis, check to measure LORD ABBETT'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 LORD ABBETT is operating at the current time. Most of LORD ABBETT's value examination focuses on studying past and present price action to predict the probability of LORD ABBETT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LORD ABBETT's price. Additionally, you may evaluate how the addition of LORD ABBETT to your portfolios can decrease your overall portfolio volatility.