|Current Price||Horizon||Target Price||Odds 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
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|Current Price || ||Target Price || |