Lord Abbett (Ireland) Probability of Target Price Finishing Over

    IE00BFNWY275 -- Ireland Fund  

    USD 10.79  0.03  0.28%

    Lord Abbett probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lord Abbett Short Duration Inc I 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. Please also check Risk vs Return Analysis.
     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
     10.79 30 days 10.79  ABOUT 24.94%
    Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 24.94% (This Lord Abbett Short Duration Inc I 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 0.029 . This indicates 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 Short Duration Inc I Acc will be expected to be much smaller as well. Additionally Lord Abbett Short Duration Inc I 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
    =0.0009
    β
    Beta against DOW=0.029
    σ
    Overall volatility
    =5.12
    Ir
    Information ratio =1.67

    Lord Abbett Alerts

    Lord Abbett Alerts and Suggestions
    Lord Abbett Short generates negative expected return over the last 30 days
    The fund retains about 15.46% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.