LGIAX Mutual Fund Volatility

LGIAX -  USA Fund  

USD 17.02  0.31  1.79%

We consider Lord Abbett very steady. Lord Abbett Mid has Sharpe Ratio of 0.11, which conveys that the entity had 0.11% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Lord Abbett, which you can use to evaluate the future volatility of the fund. Please verify Lord Abbett Mid Mean Deviation of 0.8735, downside deviation of 1.24, and Risk Adjusted Performance of 0.0893 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.

LGIAX Volatility 

 
Refresh
Lord Abbett Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of LGIAX daily returns, and it is calculated using variance and standard deviation. We also use LGIAX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Lord Abbett volatility.

60 Days Market Risk

Very steady

Chance of Distress

Below Average

60 Days Economic Sensitivity

Follows the market closely

Lord Abbett Market Sensitivity And Downside Risk

Lord Abbett's beta coefficient measures the volatility of LGIAX mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents LGIAX mutual fund's returns against your selected market. In other words, Lord Abbett's beta of 0.83 provides an investor with an approximation of how much risk Lord Abbett mutual fund can potentially add to one of your existing portfolios.
Let's try to break down what LGIAX's beta means in this case. As returns on the market increase, Lord Abbett returns are expected to increase less than the market. However, during the bear market, the loss on holding Lord Abbett will be expected to be smaller as well.
3 Months Beta |Analyze Lord Abbett Mid Demand Trend
Check current 90 days Lord Abbett correlation with market (DOW)

LGIAX Beta

    
  0.83  
LGIAX standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  1.11  
It is essential to understand the difference between upside risk (as represented by Lord Abbett's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Lord Abbett stock's daily returns or price. Since the actual investment returns on holding a position in Lord Abbett stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Lord Abbett.

Lord Abbett Mid Mutual Fund Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Lord Abbett Mid Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Lord Abbett Projected Return Density Against Market

Assuming the 90 days horizon Lord Abbett has a beta of 0.8267 . This indicates as returns on the market go up, Lord Abbett average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lord Abbett Mid will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Lord Abbett or Lord Abbett sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Lord Abbett stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a LGIAX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has an alpha of 0.1013, implying that it can generate a 0.1 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

Lord Abbett Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Lord Abbett or Lord Abbett sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Lord Abbett stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a LGIAX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of Lord Abbett is 885.47. The daily returns are distributed with a variance of 1.23 and standard deviation of 1.11. The mean deviation of Lord Abbett Mid is currently at 0.87. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
0.10
β
Beta against DOW0.83
σ
Overall volatility
1.11
Ir
Information ratio 0.09

Lord Abbett Mutual Fund Return Volatility

Lord Abbett historical daily return volatility represents how much Lord Abbett stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 1.1074% volatility of returns over 90 . By contrast, DOW inherits 0.7131% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Lord Abbett Volatility

Volatility is a rate at which the price of Lord Abbett or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Lord Abbett may increase or decrease. In other words, similar to LGIAX's beta indicator, it measures the risk of Lord Abbett and helps estimate the fluctuations that may happen in a short period of time. So if prices of Lord Abbett fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Under normal conditions, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of mid-sized companies. Lord Abbett is traded on NASDAQ Exchange in the United States.

Lord Abbett Investment Opportunity

Lord Abbett Mid has a volatility of 1.11 and is 1.56 times more volatile than DOW. of all equities and portfolios are less risky than Lord Abbett. Compared to the overall equity markets, volatility of historical daily returns of Lord Abbett Mid is lower than 9 () of all global equities and portfolios over the last 90 days. Use Lord Abbett Mid to protect your portfolios against small market fluctuations. The mutual fund experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Lord Abbett to be traded at $16.51 in 90 days. . Let's try to break down what LGIAX's beta means in this case. As returns on the market increase, Lord Abbett returns are expected to increase less than the market. However, during the bear market, the loss on holding Lord Abbett will be expected to be smaller as well.

Very weak diversification

The correlation between Lord Abbett Mid and DJI is Very weak diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Mid and DJI in the same portfolio assuming nothing else is changed.

Lord Abbett Additional Risk Indicators

The analysis of Lord Abbett's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Lord Abbett's investment and either accepting that risk or mitigating it. Along with some common measures of Lord Abbett stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance0.0893
Market Risk Adjusted Performance0.1597
Mean Deviation0.8735
Semi Deviation1.12
Downside Deviation1.24
Coefficient Of Variation825.16
Standard Deviation1.1
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Lord Abbett Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
Visa vs. Lord Abbett
Sentinelone Inc vs. Lord Abbett
Citigroup vs. Lord Abbett
CORUS ENTERTAINMENT vs. Lord Abbett
Freeport Mcmoran vs. Lord Abbett
Total SE vs. Lord Abbett
GM vs. Lord Abbett
Mountain Valley vs. Lord Abbett
Union Pacific vs. Lord Abbett
BIRCHCLIFF ENERGY vs. Lord Abbett
Manulife Financial vs. Lord Abbett
ALGONQUIN POWER vs. Lord Abbett
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Lord Abbett as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Lord Abbett's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Lord Abbett's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Lord Abbett Mid.
Additionally, see Stocks Correlation. Note that the Lord Abbett Mid information on this page should be used as a complementary analysis to other Lord Abbett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for LGIAX Mutual Fund analysis

When running Lord Abbett Mid price analysis, check to measure Lord Abbett's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lord Abbett is operating at the current time. Most of Lord Abbett's value examination focuses on studying past and present price action to predict the probability of Lord Abbett's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lord Abbett's price. Additionally, you may evaluate how the addition of Lord Abbett to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Please note, there is a significant difference between Lord Abbett's value and its price as these two are different measures arrived at by different means. Investors typically determine Lord Abbett value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lord Abbett's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.