|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 10.53 ||30 days|| 10.53 || ABOUT 98.0%|
Based on normal probability distribution, the odds of Lord Abbett to move above current price in 30 days from now is about 98.0% (This Lord Abbett Multi Sector A USD 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 0.0 . This indicates unless we do not have required data, the returns on DOW and Lord Abbett are completely uncorrelated. Additionally Lord Abbett Multi Sector A USDIt does not look like Lord Abbett alpha can have any bearing on the equity current valuation.
Lord Abbett Price Density
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|Current Price || ||Target Price || |