|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.63 ||30 days|| 10.63 || ABOUT 35.72%|
Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 35.72% (This Lord Abbett Multi Sector N USD 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 has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Lord Abbett are completely uncorrelated. Additionally Lord Abbett Multi Sector N USDIt does not look like Lord Abbett alpha can have any bearing on the equity current valuation.
Lord Abbett Price Density
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|Current Price || ||Target Price || |