Lord Abbett (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VHMW -- Ireland Fund  

    USD 10.20  0.02  0.20%

    Lord Abbett probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lord Abbett Multi Sector N USD performance during a given time horizon utilizing its historical volatility. Please specify Lord Abbett time horizon, a valid symbol (red box) and a target price (blue box) you would like Lord Abbett odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Lord Abbett Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.20 30 days 10.20  ABOUT 41.57%
    Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 41.57% (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 Multi Sector N USD has beta of -0.0326 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 Multi Sector N USD is likely to outperform the market. Additionally Lord Abbett Multi Sector N USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Lord Abbett Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =3.43
    Ir
    Information ratio =0.29

    Lord Abbett Alerts

    Lord Abbett Alerts and Suggestions

    Lord Abbett Multi is not yet fully synchronised with the market data
    Lord Abbett Multi generates negative expected return over the last 30 days
    The fund retains about 83.49% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    Lord Abbett Health Indicators

    Additionally see Investing Opportunities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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