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.