Lord Abbett Correlations
LHCSX Fund | USD 18.33 0.00 0.50% |
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 |
Moving together with Lord Mutual Fund
0.78 | VGHAX | Vanguard Health Care | PairCorr |
0.61 | VGHCX | Vanguard Health Care | PairCorr |
0.7 | PRHSX | T Rowe Price | PairCorr |
0.7 | THISX | T Rowe Price | PairCorr |
0.79 | VHCIX | Vanguard Health Care | PairCorr |
0.79 | FSPHX | Health Care Portfolio | PairCorr |
Related Correlations Analysis
0.98 | 1.0 | 1.0 | 0.99 | 0.97 | 0.98 | BOSVX | ||
0.98 | 0.99 | 0.99 | 1.0 | 0.97 | 0.99 | TISEX | ||
1.0 | 0.99 | 1.0 | 0.99 | 0.97 | 0.99 | ABYSX | ||
1.0 | 0.99 | 1.0 | 0.99 | 0.97 | 0.98 | TASVX | ||
0.99 | 1.0 | 0.99 | 0.99 | 0.97 | 0.99 | VSTCX | ||
0.97 | 0.97 | 0.97 | 0.97 | 0.97 | 0.97 | SMVTX | ||
0.98 | 0.99 | 0.99 | 0.98 | 0.99 | 0.97 | CMCRX | ||
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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
BOSVX | 1.00 | 0.07 | 0.09 | 0.27 | 0.81 | 2.42 | 6.40 | |||
TISEX | 0.83 | 0.04 | 0.06 | 0.24 | 0.79 | 2.16 | 5.68 | |||
ABYSX | 0.85 | 0.02 | 0.05 | 0.22 | 0.76 | 2.06 | 6.34 | |||
TASVX | 0.89 | 0.04 | 0.06 | 0.24 | 0.85 | 2.48 | 5.85 | |||
VSTCX | 0.89 | 0.05 | 0.09 | 0.25 | 0.80 | 2.35 | 6.40 | |||
SMVTX | 0.71 | 0.32 | 0.08 | (1.39) | 0.53 | 2.11 | 5.34 | |||
CMCRX | 0.71 | 0.03 | 0.04 | 0.23 | 0.59 | 1.94 | 5.66 |