|Horizon||30 Days Login to change|
Lord Abbett Market Sensitivity
|As returns on market increase, returns on owning Lord Abbett are expected to decrease at a much smaller rate. During bear market, Lord Abbett is likely to outperform the market.One Month Beta |Analyze Lord Abbett Multi Demand TrendCheck current 30 days Lord Abbett correlation with market (DOW)|
β = -0.1322
Lord Abbett Multi Technical Analysis
Lord Abbett Projected Return Density Against MarketAssuming 30 trading days horizon, Lord Abbett Multi Sector Inc Z USD Acc has beta of -0.1322 suggesting as returns on benchmark increase, returns on holding Lord Abbett are expected to decrease at a much smaller rate. During bear market, however, Lord Abbett Multi Sector Inc Z USD Acc is likely to outperform the market. Moreover, Lord Abbett Multi Sector Inc Z USD Acc has an alpha of 0.0816 implying that it can potentially generate 0.0816% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Lord Abbett Return VolatilityLord Abbett Multi Sector Inc Z USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.