Lord Abbett (Ireland) Probability of Target Price Finishing Over

    F00000WZ21 -- Ireland Fund  

    USD 15.62  0.36  2.25%

    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.
     Time 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
     15.62 30 days 15.62  UNDER 4%
    Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is under 4% (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 U S Gr Ldrs N USD Hdg Acc has beta of -0.4436 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 U S Gr Ldrs N USD Hdg Acc is likely to outperform the market. Moreover Lord Abbett U S Gr Ldrs N USD Hdg Acc has an alpha of 1.1782 implying that it can potentially generate 1.1782% excess return over DOW after adjusting for the inherited market risk (beta).
     Lord Abbett Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =1.18
    β
    Beta against DOW=0.44
    σ
    Overall volatility
    =1.23
    Ir
    Information ratio =0.20

    Lord Abbett Alerts

    Lord Abbett Alerts and Suggestions
    Lord Abbett U generates negative expected return over the last 30 days
    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.