|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 = -0.0413
Lord Abbett Multi Technical Analysis
Lord Abbett Projected Return Density Against MarketAssuming 30 trading days horizon, Lord Abbett Multi Sector N USD has beta of -0.0413 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 N USD is likely to outperform the market. Additionally, Lord Abbett Multi Sector N USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Lord Abbett Return VolatilityLord Abbett Multi Sector N USD accepts 1.3331% volatility on return distribution over the 30 days horizon. DOW inherits 1.0603% risk (volatility on return distribution) over the 30 days horizon.