|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 EM Demand TrendCheck current 30 days Lord Abbett correlation with market (DOW)|
β = -0.0734
Lord Abbett EM Technical Analysis
Lord Abbett Projected Return Density Against MarketAssuming 30 trading days horizon, Lord Abbett EM Corp Dbt Z USD Acc has beta of -0.0734 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 EM Corp Dbt Z USD Acc is likely to outperform the market. Additionally, Lord Abbett EM Corp Dbt Z USD Acc 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 EM Corp Dbt Z USD Acc accepts 0.6526% volatility on return distribution over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.