|Horizon||30 Days Login to change|
Lord Abbett Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|10.16||30 days||10.16||CLOSE TO 99%|
Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is close to 99% (This Lord Abbett Total Return A USD Acc probability density function shows the probability of Lord Abbett Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Lord Abbett Total Return A USD Acc has beta of -0.0053 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 Total Return A USD Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Lord Abbett Total is significantly underperforming DOW.
Lord Abbett Price Density
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.0053|