Lord Abbett Focused Fund Market Value
LFSFX Fund | USD 27.65 0.04 0.14% |
Symbol | Lord |
Lord Abbett 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lord Abbett's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lord Abbett.
02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Lord Abbett on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Lord Abbett Focused or generate 0.0% return on investment in Lord Abbett over 60 days. Lord Abbett is related to or competes with Lord Abbett, Lord Abbett, Floating Rate, Floating Rate, Floating Rate, Lord Abbett, and Lord Abbett. Under normal conditions, the fund invests at least 80 percent of its net assets, plus the amount of any borrowings for i... More
Lord Abbett Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lord Abbett's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lord Abbett Focused upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.24 | |||
Information Ratio | (0.05) | |||
Maximum Drawdown | 5.45 | |||
Value At Risk | (1.53) | |||
Potential Upside | 1.74 |
Lord Abbett Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lord Abbett's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lord Abbett's standard deviation. In reality, there are many statistical measures that can use Lord Abbett historical prices to predict the future Lord Abbett's volatility.Risk Adjusted Performance | 0.0115 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0018 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lord Abbett's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lord Abbett Focused Backtested Returns
Lord Abbett Focused has Sharpe Ratio of -0.0402, which conveys that the entity had a -0.0402% return per unit of risk over the last 3 months. Lord Abbett exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lord Abbett's Downside Deviation of 1.24, risk adjusted performance of 0.0115, and Mean Deviation of 0.8614 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 1.49, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lord Abbett will likely underperform.
Auto-correlation | 0.14 |
Insignificant predictability
Lord Abbett Focused has insignificant predictability. Overlapping area represents the amount of predictability between Lord Abbett time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lord Abbett Focused price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Lord Abbett price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.14 | |
Spearman Rank Test | -0.08 | |
Residual Average | 0.0 | |
Price Variance | 0.4 |
Lord Abbett Focused lagged returns against current returns
Autocorrelation, which is Lord Abbett mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lord Abbett's mutual fund expected returns. We can calculate the autocorrelation of Lord Abbett returns to help us make a trade decision. For example, suppose you find that Lord Abbett has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Lord Abbett regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lord Abbett mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lord Abbett mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lord Abbett mutual fund over time.
Current vs Lagged Prices |
Timeline |
Lord Abbett Lagged Returns
When evaluating Lord Abbett's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lord Abbett mutual fund have on its future price. Lord Abbett autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lord Abbett autocorrelation shows the relationship between Lord Abbett mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lord Abbett Focused.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lord Abbett in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lord Abbett's short interest history, or implied volatility extrapolated from Lord Abbett options trading.
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Try AI Portfolio ArchitectCheck out Lord Abbett Correlation, Lord Abbett Volatility and Lord Abbett Alpha and Beta module to complement your research on Lord Abbett. Note that the Lord Abbett Focused 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 the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Lord Abbett technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.