We consider Lord Abbett not too risky. Lord Abbett EM
has Sharpe Ratio of 0.6132 which conveys that Lord Abbett EM
had 0.6132% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a fund is to use all available market data together with company specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Lord Abbett which you can use to evaluate future volatility of the organization. Please verify Lord Abbett EM Corp Dbt Z USD Mean Deviation
of 0.5351 and Risk Adjusted Performance
of 0.08 to check out if risk estimate we provide are consistent with the epected return of 0.0803%. The fund secures Beta (Market Risk) of 0.1493 which conveys that as returns on market increase, Lord Abbett returns are expected to increase less than the market. However during bear market, the loss on holding Lord Abbett will be expected to be smaller as well.. Although it is extremely important to respect Lord Abbett EM price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Lord Abbett EM technical indicators you can presently evaluate if the expected return of 0.0803% will be sustainable into the future.
|15 days auto-correlation|| 0.00 |
No correlation between past and present
Lord Abbett EM Corp Dbt Z USD has no correlation between past and present. Overlapping area represents the amount of predictability between Lord Abbett time series from June 22, 2018 to July 7, 2018 and July 7, 2018 to July 22, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lord Abbett EM price movement. The serial correlation of 0.0 indicates that just 0.0% of current Lord Abbett price fluctuation can be explain by its past prices.
|Average Price|| 9.95|
|Lagged Average Price|| 9.95|