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

    F00000VHN8 -- Ireland Fund  

    USD 11.63  0.02  0.17%

    Lord Abbett probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lord Abbett EM Corp Dbt Z USD Acc 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
     11.63 30 days 11.63  ABOUT 30.22%
    Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 30.22% (This Lord Abbett EM Corp Dbt Z 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 EM Corp Dbt Z USD Acc has beta of -0.0862 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 EM Corp Dbt Z USD Acc is likely to outperform the market. Additionally Lord Abbett EM Corp Dbt Z USD Acc 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =5.02
    Ir
    Information ratio =0.11

    Lord Abbett Alerts

    Lord Abbett Alerts and Suggestions

    Lord Abbett EM is not yet fully synchronised with the market data
    The fund retains about 99.96% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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