Lord Abbett Global Fund Probability of Future Mutual Fund Price Finishing Over 16.83
LGCAX Fund | USD 17.01 0.01 0.06% |
Lord |
Lord Abbett Target Price Odds to finish over 16.83
The tendency of Lord Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to stay above $ 16.83 in 90 days |
17.01 | 90 days | 16.83 | about 40.78 |
Based on a normal probability distribution, the odds of Lord Abbett to stay above $ 16.83 in 90 days from now is about 40.78 (This Lord Abbett Global probability density function shows the probability of Lord Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Lord Abbett Global price to stay between $ 16.83 and its current price of $17.01 at the end of the 90-day period is about 20.54 .
Assuming the 90 days horizon Lord Abbett Global has a beta of -0.0136. This indicates as returns on the benchmark increase, returns on holding Lord Abbett are expected to decrease at a much lower rate. During a bear market, however, Lord Abbett Global is likely to outperform the market. Additionally Lord Abbett Global has an alpha of 0.0414, implying that it can generate a 0.0414 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lord Abbett Price Density |
Price |
Predictive Modules for Lord Abbett
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lord Abbett Global. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Lord Abbett Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lord Abbett is not an exception. The market had few large corrections towards the Lord Abbett's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Lord Abbett Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lord Abbett within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -0.01 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | -0.1 |
Lord Abbett Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Lord Abbett for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lord Abbett Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The fund maintains all of its assets in stocks |
Lord Abbett Technical Analysis
Lord Abbett's future price can be derived by breaking down and analyzing its technical indicators over time. Lord Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lord Abbett Global. In general, you should focus on analyzing Lord Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Lord Abbett Predictive Forecast Models
Lord Abbett's time-series forecasting models is one of many Lord Abbett's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Lord Abbett's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Lord Abbett Global
Checking the ongoing alerts about Lord Abbett for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lord Abbett Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains all of its assets in stocks |
Other Information on Investing in Lord Mutual Fund
Lord Abbett financial ratios help investors to determine whether Lord Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lord with respect to the benefits of owning Lord Abbett security.
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