DOW has a standard deviation of returns of 1.31 and is 9.223372036854776E16 times more volatile than Lord Abbett Multi Sector A USD. 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 Multi Sector A USD is lower than 0 (%)
of all global equities and portfolios over the last 30 days. Use Lord Abbett Multi Sector A USD to protect against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Lord Abbett to be traded at 10.21 in 30 days
. As returns on market increase, Lord Abbett returns are expected to increase less than the market. However during bear market, the loss on holding Lord Abbett will be expected to be smaller as well.
Lord Abbett correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Multi Sector Inc A and equity matching DJI index in the same portfolio.