|Horizon||30 Days Login to change|
Lord Abbett Market Sensitivity
|As returns on market increase, returns on owning Lord Abbett are expected to decrease by larger amounts. On the other hand, during market turmoil, Lord Abbett is expected to significantly outperform it.One Month Beta |Analyze Lord Abbett U Demand TrendCheck current 30 days Lord Abbett correlation with market (DOW)|
β = -1.6213
Lord Abbett U Technical Analysis
Lord Abbett Projected Return Density Against MarketAssuming 30 trading days horizon, Lord Abbett U S Gr Ldrs N USD Hdg Acc has beta of -1.6213 suggesting as returns on its benchmark rise, returns on holding Lord Abbett U S Gr Ldrs N USD Hdg Acc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Lord Abbett is expected to outperform its benchmark. In addition to that, Lord Abbett U S Gr Ldrs N USD Hdg Acc has an alpha of 1.3812 implying that it can potentially generate 1.3812% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Lord Abbett Return VolatilityLord Abbett U S Gr Ldrs N USD Hdg Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3801% risk (volatility on return distribution) over the 30 days horizon.