Lord Abbett Correlations

Mutual Funds . USA . 
Fund . Lord Abbett Emerging
LDMAX Fund  USD 4.29  0.02  0.47%   
The current 90-days correlation between Lord Abbett Emerging and Lord Abbett Trust is -0.03 (i.e., Good 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

Good diversification

The correlation between Lord Abbett Emerging and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Emerging 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 Emerging. 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 nation.

Moving together with Lord Mutual Fund

  0.94ELMFX Lord Abbett TrustPairCorr
  0.94ELMCX Lord Abbett TrustPairCorr
  0.95LFSFX Lord Abbett FocusedPairCorr
  0.97LFRAX Floating RatePairCorr
  0.96LFRFX Floating RatePairCorr
  0.96LFRIX Floating RatePairCorr
  0.96LFRRX Lord Abbett InvPairCorr
  0.96LFROX Lord Abbett FloatingPairCorr
  0.95LFVAX Lord Abbett FocusedPairCorr
  0.95LFVCX Lord Abbett FocusedPairCorr
  0.9HYMQX Lord Abbett ShortPairCorr
  0.92LGCAX Lord Abbett GlobalPairCorr
  0.92LGCCX Lord Abbett GlobalPairCorr
  0.92LGCRX Lord Abbett GlobalPairCorr
  0.92LGCOX Lord Abbett GlobalPairCorr
  0.92LGCVX Lord Abbett GlobalPairCorr
  0.92LGCSX Lord Abbett GlobalPairCorr
  0.92LGCYX Lord Abbett GlobalPairCorr
  0.92LGCWX Lord Abbett GlobalPairCorr
  0.94LGLCX Lord Abbett GrowthPairCorr
  0.95LGLAX Lord Abbett GrowthPairCorr
  0.95LGLFX Lord Abbett GrowthPairCorr
  0.95LGLIX Lord Abbett GrowthPairCorr
  0.95LGLOX Lord Abbett GrowthPairCorr
  0.94LGLSX L Abbett GrowthPairCorr
  0.94LGLQX Lord Abbett GrowthPairCorr
  0.94LGLRX Lord Abbett GrowthPairCorr
  0.95LGLUX L Abbett GrowthPairCorr
  0.95LGLVX L Abbett GrowthPairCorr
  0.94EMILX Lord Abbett EmergingPairCorr
  0.89LGOFX Lord Abbett GrowthPairCorr
  0.89LGOQX Lord Abbett GrowthPairCorr
  0.89LGORX Lord Abbett GrowthPairCorr
  0.89LGOPX Lord Abbett GrowthPairCorr
  0.89LGOVX Lord Abbett GrowthPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ELMFX  0.53  0.18  0.12  0.61  0.00 
(0.69)
 1.59 
(0.84)
 4.15 
ELMCX  0.53  0.17  0.12  0.60  0.00 
(0.69)
 1.61 
(0.80)
 4.15 
LFSFX  0.93  0.28  0.07 (1.39) 0.86 
(1.08)
 2.27 
(1.65)
 6.76 
LFRAX  0.10  0.05 (0.88) 24.94  0.00 
(0.23)
 0.51 
(0.13)
 0.75 
LFRFX  0.10  0.05  0.00  2.33  0.00 
 0.00 
 0.39 
 0.00 
 0.75 
LFRIX  0.10  0.05  0.00  2.22  0.00 
 0.00 
 0.51 
(0.13)
 0.75 
LFRRX  0.10  0.05 (0.89) 37.80  0.00 
(0.21)
 0.38 
(0.13)
 0.75 
LFROX  0.10  0.05  0.00  4.31  0.00 
 0.00 
 0.51 
(0.13)
 0.75 
LFVAX  0.93  0.28  0.07 (1.38) 0.86 
(1.08)
 2.26 
(1.68)
 6.78 
LFVCX  0.93  0.27  0.07 (1.35) 0.88 
(1.07)
 2.24 
(1.68)
 6.75 

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
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY