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

    F00000WZ21 -- Ireland Fund  

    USD 16.40  0.12  0.74%

    Lord Abbett probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lord Abbett U S Gr Ldrs N USD Hdg 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
     16.40 30 days 16.40  ABOUT 21.19%
    Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 21.19% (This Lord Abbett U S Gr Ldrs N USD Hdg 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 has beta of 0.0109 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 U S Gr Ldrs N USD Hdg Acc will be expected to be much smaller as well. Moreover Lord Abbett U S Gr Ldrs N USD Hdg Acc has an alpha of 1.1611 implying that it can potentially generate 1.1611% excess return over DOW after adjusting for the inherited market risk (beta).
     Lord Abbett Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =1.16
    β
    Beta against DOW=0.0109
    σ
    Overall volatility
    =5.84
    Ir
    Information ratio =0.20

    Lord Abbett Alerts

    Lord Abbett Alerts and Suggestions

    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Additionally see Investing Opportunities. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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