Floating Rate Fund Buy Hold or Sell Recommendation

LFRIX Fund  USD 8.18  0.01  0.12%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Floating Rate Fund is 'Cautious Hold'. Macroaxis provides Floating Rate buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LFRIX positions. The advice algorithm takes into account all of Floating Rate's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Floating Rate's buy or sell advice are summarized below:
Real Value
8.16
Hype Value
8.18
Market Value
8.18
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Floating Rate Fund given historical horizon and risk tolerance towards Floating Rate. When Macroaxis issues a 'buy' or 'sell' recommendation for Floating Rate Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Floating Rate Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Floating and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Floating Rate Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Floating Rate Buy or Sell Advice

The Floating recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Floating Rate Fund. Macroaxis does not own or have any residual interests in Floating Rate Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Floating Rate's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Floating RateBuy Floating Rate
Cautious Hold

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Floating Rate Fund has a Mean Deviation of 0.0767, Standard Deviation of 0.1507 and Variance of 0.0227
We provide trade advice to complement the prevailing expert consensus on Floating Rate Fund. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Use Floating Rate Fund five year return and bond positions weight to ensure your buy or sell decision on Floating Rate Fund is adequate.

Floating Rate Trading Alerts and Improvement Suggestions

The fund maintains about 6.02% of its assets in cash

Floating Rate Returns Distribution Density

The distribution of Floating Rate's historical returns is an attempt to chart the uncertainty of Floating Rate's future price movements. The chart of the probability distribution of Floating Rate daily returns describes the distribution of returns around its average expected value. We use Floating Rate Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Floating Rate returns is essential to provide solid investment advice for Floating Rate.
Mean Return
0.05
Value At Risk
0.00
Potential Upside
0.13
Standard Deviation
0.15
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Floating Rate historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Floating Rate Greeks

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 Floating Rate 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 Floating Rate's price will be affected by overall mutual fund 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 Floating fund'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.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite-0.01
σ
Overall volatility
0.16
Ir
Information ratio -0.59

Floating Rate Volatility Alert

Floating Rate Fund exhibits very low volatility with skewness of 4.09 and kurtosis of 16.39. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Floating Rate's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Floating Rate's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Floating Rate Fundamentals Vs Peers

Comparing Floating Rate's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Floating Rate's direct or indirect competition across all of the common fundamentals between Floating Rate and the related equities. This way, we can detect undervalued stocks with similar characteristics as Floating Rate or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Floating Rate's fundamental indicators could also be used in its relative valuation, which is a method of valuing Floating Rate by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Floating Rate to competition
FundamentalsFloating RatePeer Average
Annual Yield0 %0.29 %
Year To Date Return2.47 %0.39 %
One Year Return13.64 %4.15 %
Three Year Return5.62 %3.60 %
Five Year Return4.22 %3.24 %
Ten Year Return3.59 %1.79 %
Net Asset15.21 B4.11 B
Last Dividend Paid0.030.65
Cash Position Weight6.02 %10.61 %
Equity Positions Weight0.09 %63.90 %
Bond Positions Weight11.69 %11.24 %

Floating Rate Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Floating . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Floating Rate Buy or Sell Advice

When is the right time to buy or sell Floating Rate Fund? Buying financial instruments such as Floating Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Floating Rate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Corporate Bonds Funds Thematic Idea Now

Corporate Bonds Funds
Corporate Bonds Funds Theme
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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Check out Floating Rate Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Floating Rate's price analysis, check to measure Floating Rate'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 Floating Rate is operating at the current time. Most of Floating Rate's value examination focuses on studying past and present price action to predict the probability of Floating Rate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Floating Rate's price. Additionally, you may evaluate how the addition of Floating Rate to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Floating Rate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floating Rate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floating Rate'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.