|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 9.95 ||30 days|| 9.95 || ABOUT 98.0%|
Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 98.0% (This Lord Abbett EM Corp Dbt Z 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 0.0873 suggesting as returns on market go up, Lord Abbett average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Lord Abbett EM Corp Dbt Z USD will be expected to be much smaller as well. Additionally Lord Abbett EM Corp Dbt Z 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
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|Current Price || ||Target Price || |