Lord Abbett Alpha Fund Price on August 17, 2023
| ALFYX Fund | USD 24.79 0.19 0.77% |
Below is the normalized historical share price chart for Lord Abbett Alpha extending back to July 01, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Lord Abbett stands at 24.79, as last reported on the 1st of May, with the highest price reaching 24.79 and the lowest price hitting 24.79 during the day.
If you're considering investing in Lord Mutual Fund, it is important to understand the factors that can impact its price. We consider Lord Abbett somewhat reliable. Lord Abbett Alpha has Sharpe Ratio of 0.0492, which conveys that the entity had a 0.0492% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lord Abbett, which you can use to evaluate the volatility of the fund. Please verify Lord Abbett's Downside Deviation of 1.01, mean deviation of 0.7687, and Risk Adjusted Performance of 0.041 to check out if the risk estimate we provide is consistent with the expected return of 0.0458%.
Lord Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Lord |
Sharpe Ratio = 0.0492
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ALFYX |
Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Lord Abbett is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lord Abbett by adding it to a well-diversified portfolio.
Lord Abbett Valuation on August 17, 2023
It is possible to determine the worth of Lord Abbett on a given historical date. On August 17, 2023 Lord was worth 22.39 at the beginning of the trading date compared to the closed value of 22.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lord Abbett mutual fund. Still, in general, we apply an absolute valuation method to find Lord Abbett's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lord Abbett where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lord Abbett's related companies.
| Open | High | Low | Close | Volume | |
| 22.71 | 22.71 | 22.55 | 22.55 | 1.00 | |
08/17/2023 | 22.39 | 22.39 | 22.23 | 22.23 | 1.00 |
| 22.51 | 22.51 | 22.35 | 22.35 | 1.00 |
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Lord Abbett Trading Date Momentum on August 17, 2023
| On August 18 2023 Lord Abbett Alpha was traded for 22.35 at the closing time. The highest daily price throughout the period was 22.51 and the lowest price was 22.35 . There was no trading activity during the period 1.0. Lack of trading volume on 08/18/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.54% . The trading delta at closing time to current closing price is 2.20% . |
Lord Abbett Alpha Fundamentals Correlations and Trends
By evaluating Lord Abbett's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lord Abbett's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lord financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lord Abbett Mutual Fund history
Lord Abbett investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lord Abbett Alpha will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lord Abbett stock prices may prove useful in developing a viable investing in Lord Abbett
The fund is a fund of funds that invests in affiliated mutual funds managed by Lord Abbett. Under normal conditions, through the underlying funds, it indirectly invests in the equity securities of U.S. and foreign micro-cap, small, and mid-sized companies. The fund uses a blend strategy to gain investment exposure to both growth and value stocks, or to stocks with characteristics of both.
Lord Abbett Mutual Fund Technical Analysis
Lord 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.
Price Boundaries
Lord Abbett Period Price Range
Low | August 17, 2023
| High |
22.39 | 22.23 |
Lord Abbett May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Lord Abbett mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lord Abbett shares will generate the highest return on investment. By undertsting and applying Lord Abbett mutual fund market strength indicators, traders can identify Lord Abbett Alpha entry and exit signals to maximize returns
Lord Abbett Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lord Abbett's price direction in advance. Along with the technical and fundamental analysis of Lord Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lord to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.041 | |||
| Jensen Alpha | 0.0475 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (1.62) |
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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 manufacturing. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.