Lord Abbett (Ireland) Risk Analysis And Volatility Evaluation

F00000VHMV -- Ireland Fund  

USD 12.14  0.02  0.17%

We consider Lord Abbett unknown risk. Lord Abbett Multi has Sharpe Ratio of 0.5 which conveys that Lord Abbett Multi had 0.5% 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 Multi Sector Inc Z USD Acc Mean Deviation of 0.1125 and Risk Adjusted Performance of 0.1475 to check out if risk estimate we provide are consistent with the epected return of 0.0413%.
 Time Horizon     30 Days    Login   to change

Lord Abbett Market Sensitivity

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.
One Month Beta |Analyze Lord Abbett Multi Demand Trend
Check current 30 days Lord Abbett correlation with market (DOW)
β = 0.0289
Lord Abbett Small BetaLord Abbett Multi Beta Legend

Lord Abbett Multi Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Lord Abbett has beta of 0.0289 suggesting as returns on market go up, Lord Abbett average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Lord Abbett Multi Sector Inc Z USD Acc will be expected to be much smaller as well. Moreover, Lord Abbett Multi Sector Inc Z USD Acc has an alpha of 0.0441 implying that it can potentially generate 0.0441% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Lord Abbett is 200.0. The daily returns are destributed with a variance of 0.01 and standard deviation of 0.08. The mean deviation of Lord Abbett Multi Sector Inc Z USD Acc is currently at 0.06. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.0441
β
Beta against DOW=0.0289
σ
Overall volatility
=0.08
Ir
Information ratio =0.3

Actual Return Volatility

Lord Abbett Multi Sector Inc Z USD Acc accepts 0.0825% volatility on return distribution over the 30 days horizon. DOW inherits 0.5804% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Lord Abbett Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Lord Abbett Investment Opportunity
DOW has a standard deviation of returns of 0.58 and is 7.25 times more volatile than Lord Abbett Multi Sector Inc Z USD Acc. 0% of all equities and portfolios are less risky than Lord Abbett. Compared to the overall equity markets, volatility of historical daily returns of Lord Abbett Multi Sector Inc Z USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Lord Abbett Multi Sector Inc Z USD Acc to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Lord Abbett to be traded at $12.75 in 30 days. 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.

Lord Abbett correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Multi Sector Inc Z and equity matching DJI index in the same portfolio.
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