Lord Abbett Focused Fund Market Value
LFSFX Fund | USD 29.51 0.61 2.11% |
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.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in Lord Abbett on February 27, 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 30 days. Lord Abbett is related to or competes with USCF Gold, Lord Abbett, Lord Abbett, Lord Abbett, Lord Abbett, and Floating Rate. 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 | 1.19 | |||
Information Ratio | (0.08) | |||
Maximum Drawdown | 5.45 | |||
Value At Risk | (1.46) | |||
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 | 0.0275 | |||
Jensen Alpha | 0.0417 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | (0.08) | |||
Treynor Ratio | (0.62) |
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
We consider Lord Abbett very steady. Lord Abbett Focused has Sharpe Ratio of 0.0452, which conveys that the entity had a 0.0452% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lord Abbett, which you can use to evaluate the volatility of the fund. Please verify Lord Abbett's Risk Adjusted Performance of 0.0275, mean deviation of 0.8399, and Downside Deviation of 1.19 to check out if the risk estimate we provide is consistent with the expected return of 0.0515%. The fund secures a Beta (Market Risk) of -0.0557, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lord Abbett are expected to decrease at a much lower rate. During the bear market, Lord Abbett is likely to outperform the market.
Auto-correlation | -0.02 |
Very weak reverse predictability
Lord Abbett Focused has very weak reverse predictability. Overlapping area represents the amount of predictability between Lord Abbett time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 -0.02 indicates that only 2.0% of current Lord Abbett price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.02 | |
Spearman Rank Test | 0.14 | |
Residual Average | 0.0 | |
Price Variance | 0.12 |
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 |
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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Lord Mutual Fund analysis
When running Lord Abbett's 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 the 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.
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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.