Lord Abbett Correlations

LICSX Fund

USD 19.37 0.09 0.47%

The current 90-days correlation between Lord Abbett Intl and Gmo Emerging Markets is 0.52 (i.e., Very weak diversification). The correlation of Lord Abbett is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Lord Abbett Correlation With Market

Poor diversification

The correlation between Lord Abbett Intl and DJI is 0.69 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Intl and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lord Abbett Intl. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Lord Mutual Fund

0.78	VTIAX	Vanguard Total Inter	Pair Corr
0.78	VGTSX	Vanguard Total Inter	Pair Corr
0.78	VTSNX	Vanguard Total Inter	Pair Corr
0.78	VTPSX	Vanguard Total Inter	Pair Corr
0.76	VTISX	Vanguard Total Inter	Pair Corr
0.75	VTMGX	Vanguard Developed	Pair Corr
0.75	VDVIX	Vanguard Developed	Pair Corr
0.75	VTMNX	Vanguard Developed	Pair Corr
0.75	VDIPX	Vanguard Developed	Pair Corr
0.76	FSPSX	Fidelity International	Pair Corr
0.74	LIIAX	Columbia Porate Income	Pair Corr
0.68	SRINX	Columbia Porate Income	Pair Corr
0.68	WRHIX	Ivy High Income	Pair Corr
0.66	WHIAX	Ivy High Income	Pair Corr
0.61	IHIFX	Ivy High Income	Pair Corr
0.61	IVHIX	Ivy High Income	Pair Corr
0.66	BMBSX	Baird Quality Interm	Pair Corr
0.67	CFIPX	Qs Global Equity	Pair Corr
0.67	CVX	Chevron Corp Earnings Call Today	Pair Corr
0.63	INTC	Intel	Pair Corr
0.68	AA	Alcoa Corp	Pair Corr

Moving against Lord Mutual Fund

0.4	HPQ	HP Inc	Pair Corr
0.36	TRV	The Travelers Companies	Pair Corr
0.34	MMM	3M Company	Pair Corr

Related Correlations Analysis

	EPASX	PCEMX	QTERX	SEDIX	FEMDX	SYMAX	GMAUX
EPASX		0.94	0.94	0.88	0.89	0.92	0.95	EPASX
PCEMX	0.94		0.99	0.89	0.91	0.93	0.99	PCEMX
QTERX	0.94	0.99		0.87	0.87	0.9	0.98	QTERX
SEDIX	0.88	0.89	0.87		0.96	0.96	0.9	SEDIX
FEMDX	0.89	0.91	0.87	0.96		0.96	0.92	FEMDX
SYMAX	0.92	0.93	0.9	0.96	0.96		0.94	SYMAX
GMAUX	0.95	0.99	0.98	0.9	0.92	0.94		GMAUX
	EPASX	PCEMX	QTERX	SEDIX	FEMDX	SYMAX	GMAUX

Risk-Adjusted Indicators

There is a big difference between Lord Mutual Fund performing well and Lord Abbett Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lord Abbett's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
EPASX	0.47	0.10	0.10	0.56	0.37	(0.55)	1.39	(0.68)	2.57
PCEMX	0.63	0.22	0.27	0.54	0.29	(0.78)	1.62	(0.86)	3.39
QTERX	0.66	0.19	0.24	0.42	0.38	(0.85)	1.67	(1.09)	3.21
SEDIX	0.08	0.00	(0.31)	0.10	0.00	(0.12)	0.11	(0.11)	0.42
FEMDX	0.15	0.07	0.13	0.60	0.00	(0.21)	0.48	(0.24)	1.12
SYMAX	0.56	0.12	0.11	0.64	0.55	(0.59)	1.14	(1.19)	2.84
GMAUX	0.61	0.28	0.32	0.67	0.00	(0.72)	1.34	(0.93)	5.06

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC