Lord Abbett Calibrated Fund Market Value
| LAMAX Fund | USD 20.56 0.19 0.92% |
| 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.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in Lord Abbett on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding Lord Abbett Calibrated or generate 0.0% return on investment in Lord Abbett over 30 days. Lord Abbett is related to or competes with Lord Abbett, Lord Abbett, Lord Abbett, Floating Rate, Floating Rate, Floating Rate, and Lord Abbett. The fund invests in equity securities of large and mid-sized companies that the funds portfolio management team believes... 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 Calibrated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6814 | |||
| Information Ratio | 0.039 | |||
| Maximum Drawdown | 3.49 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.05 |
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 | 0.0823 | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | 0.0216 | |||
| Sortino Ratio | 0.0395 | |||
| Treynor Ratio | 0.0832 |
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 Calibrated Backtested Returns
We consider Lord Abbett very steady. Lord Abbett Calibrated has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lord Abbett, which you can use to evaluate the volatility of the fund. Please verify Lord Abbett's Mean Deviation of 0.5293, downside deviation of 0.6814, and Risk Adjusted Performance of 0.0823 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. The fund secures a Beta (Market Risk) of 0.96, which conveys possible diversification benefits within a given portfolio. Lord Abbett returns are very sensitive to returns on the market. As the market goes up or down, Lord Abbett is expected to follow.
Auto-correlation | -0.6 |
Good reverse predictability
Lord Abbett Calibrated has good reverse predictability. Overlapping area represents the amount of predictability between Lord Abbett time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 Calibrated price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Lord Abbett price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Lord Abbett Calibrated 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 Calibrated.
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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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.