Lord Abbett (Ireland) Risk Analysis And Volatility Evaluation

IE00BFNWY275 -- Ireland Fund  

USD 10.76  0.00  0.00%

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 Short Duration Inc I Acc Mean Deviation of 0.0562 and Risk Adjusted Performance of 0.0013 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
 Time 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 Short Demand Trend
Check current 30 days Lord Abbett correlation with market (DOW)
β = -0.0397
Lord Abbett Almost negative betaLord Abbett Short Beta Legend

Lord Abbett Short Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Lord Abbett Short Duration Inc I Acc has beta of -0.0397 . This indicates 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 Short Duration Inc I Acc is likely to outperform the market. Moreover, Lord Abbett Short Duration Inc I Acc has an alpha of 0.0037 implying that it can potentially generate 0.0037% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0037
β
Beta against DOW=0.04
σ
Overall volatility
=0.0497
Ir
Information ratio =1.27

Actual Return Volatility

Lord Abbett Short Duration Inc I Acc accepts 0.0497% volatility on return distribution over the 30 days horizon. DOW inherits 0.63% 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 0.63 and is 12.6 times more volatile than Lord Abbett Short Duration Inc I 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 Short Duration Inc I Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Lord Abbett Short Duration Inc I Acc to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Lord Abbett to be traded at $10.65 in 30 days. 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.

Lord Abbett correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Short Duration Inc and equity matching DJI index in the same portfolio.
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