Lord Abbett Investment Fund Market Value

LGRFX Fund   10.27  0.01  0.1%   
Lord Abbett's market value is the price at which a share of Lord Abbett trades on a public exchange. It measures the collective expectations of Lord Abbett Investment investors about its performance. Lord Abbett is trading at 10.27 as of the 16th of December 2024; that is 0.1 percent increase since the beginning of the trading day. The fund's open price was 10.26.
With this module, you can estimate the performance of a buy and hold strategy of Lord Abbett Investment and determine expected loss or profit from investing in Lord Abbett over a given investment horizon. Check out Lord Abbett Correlation, Lord Abbett Volatility and Lord Abbett Alpha and Beta module to complement your research on Lord Abbett.
Symbol

Please note, there is a significant difference between Lord Abbett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lord Abbett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lord Abbett'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.

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.
0.00
12/22/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/16/2024
0.00
If you would invest  0.00  in Lord Abbett on December 22, 2023 and sell it all today you would earn a total of 0.00 from holding Lord Abbett Investment or generate 0.0% return on investment in Lord Abbett over 360 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 will invest in various types of high quality, investment grade debt securities 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 Investment upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
10.1710.2710.37
Details
Intrinsic
Valuation
LowRealHigh
10.1510.2510.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lord Abbett. Your research has to be compared to or analyzed against Lord Abbett's peers to derive any actionable benefits. When done correctly, Lord Abbett's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Lord Abbett Investment.

Lord Abbett Investment Backtested Returns

At this stage we consider Lord Mutual Fund to be very steady. Lord Abbett Investment has Sharpe Ratio of 0.22, which conveys that the entity had a 0.22% return per unit of risk over the last 3 months. We have found twenty technical indicators for Lord Abbett, which you can use to evaluate the volatility of the fund. Please verify Lord Abbett's Risk Adjusted Performance of 0.0912, mean deviation of 0.0409, and Standard Deviation of 0.0968 to check out if the risk estimate we provide is consistent with the expected return of 0.0215%. The fund secures a Beta (Market Risk) of -0.0097, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lord Abbett are expected to decrease at a much lower rate. During the bear market, Lord Abbett is likely to outperform the market.

Auto-correlation

    
  0.97  

Excellent predictability

Lord Abbett Investment has excellent predictability. Overlapping area represents the amount of predictability between Lord Abbett time series from 22nd of December 2023 to 19th of June 2024 and 19th of June 2024 to 16th of December 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 Investment price movement. The serial correlation of 0.97 indicates that 97.0% of current Lord Abbett price fluctuation can be explain by its past prices.
Correlation Coefficient0.97
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.01

Lord Abbett Investment 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 Investment.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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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