Lord Abbett Convertible Fund Price on March 31, 2023

LCFYX Fund  USD 14.93  0.03  0.20%   
Below is the normalized historical share price chart for Lord Abbett Convertible extending back to July 14, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Lord Abbett stands at 14.93, as last reported on the 1st of December, with the highest price reaching 14.93 and the lowest price hitting 14.93 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Lord Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Lord Mutual Fund to be very steady. Lord Abbett Convertible has Sharpe Ratio of 0.37, which conveys that the entity had a 0.37% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Lord Abbett, which you can use to evaluate the volatility of the fund. Please verify Lord Abbett's Coefficient Of Variation of 316.0, risk adjusted performance of 0.2364, and Mean Deviation of 0.3659 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
  
Lord Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3714

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Estimated Market Risk

 0.47
  actual daily
4
96% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.37
  actual daily
29
71% of assets perform better
Based on monthly moving average Lord Abbett is performing at about 29% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lord Abbett by adding it to a well-diversified portfolio.

Lord Abbett Valuation on March 31, 2023

It is possible to determine the worth of Lord Abbett on a given historical date. On March 31, 2023 Lord was worth 12.02 at the beginning of the trading date compared to the closed value of 12.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lord Abbett mutual fund. Still, in general, we apply an absolute valuation method to find Lord Abbett's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lord Abbett where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lord Abbett's related companies.
 Open High Low Close Volume
  11.93    11.93    11.93    11.93    1.00  
03/31/2023
  12.02    12.02    12.02    12.02    1.00  
  12.02    12.02    12.02    12.02    1.00  
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Open Value
12.02
12.02
Closing Value
13.42
Upside

Lord Abbett Trading Date Momentum on March 31, 2023

On April 03 2023 Lord Abbett Convertible was traded for  12.02  at the closing time. The highest daily price throughout the period was 12.02  and the lowest price was  12.02 . There was no trading activity during the period 1.0. Lack of trading volume on 04/03/2023 did not cause price change. The trading delta at closing time to current closing price is 0.58% .

Lord Abbett Convertible Fundamentals Correlations and Trends

By evaluating Lord Abbett's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lord Abbett's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lord financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Lord Abbett Mutual Fund history

Lord Abbett investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lord Abbett Convertible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lord Abbett stock prices may prove useful in developing a viable investing in Lord Abbett
The fund normally invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of convertible securities issued by U.S. and foreign companies. Convertible securities may include corporate bonds, debentures, notes, preferred stocks, and any other securities that can be exchanged for equity securities or provide an opportunity for equity participation.

Lord Abbett Mutual Fund Technical Analysis

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.
A focus of Lord Abbett technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lord Abbett trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Lord Abbett Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Lord Abbett Convertible cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Lord Abbett December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Lord Abbett mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lord Abbett shares will generate the highest return on investment. By undertsting and applying Lord Abbett mutual fund market strength indicators, traders can identify Lord Abbett Convertible entry and exit signals to maximize returns

Lord Abbett Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lord Abbett's price direction in advance. Along with the technical and fundamental analysis of Lord Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lord to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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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