Lord Abbett Correlations

Mutual Funds . USA . 
Fund . Lord Abbett Short
SDHCX Fund  USD 13.99  0.02  0.14%   
The current 90-days correlation between Lord Abbett Short and Lord Abbett Trust is -0.04 (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

Average diversification

The correlation between Lord Abbett Short and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Short and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Lord Abbett Short. 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 main economic indicators.

Moving together with Lord Mutual Fund

  0.9ELMFX Lord Abbett TrustPairCorr
  0.9ELMCX Lord Abbett TrustPairCorr
  0.87LFSFX Lord Abbett FocusedPairCorr
  0.91LFRAX Floating RatePairCorr
  0.9LFRFX Floating RatePairCorr
  0.9LFRIX Floating RatePairCorr
  0.91LFRRX Lord Abbett InvPairCorr
  0.9LFROX Lord Abbett FloatingPairCorr
  0.87LFVAX Lord Abbett FocusedPairCorr
  0.87LFVCX Lord Abbett FocusedPairCorr
  0.67HYMOX Lord Abbett HighPairCorr
  1.0HYMQX Lord Abbett ShortPairCorr
  0.63HYMAX Lord Abbett HighPairCorr
  0.64HYMFX Lord Abbett HighPairCorr
  0.67HYMIX Lord Abbett HighPairCorr
  0.91LGCAX Lord Abbett GlobalPairCorr
  0.91LGCCX Lord Abbett GlobalPairCorr
  0.91LGCRX Lord Abbett GlobalPairCorr
  0.91LGCOX Lord Abbett GlobalPairCorr
  0.91LGCVX Lord Abbett GlobalPairCorr
  0.91LGCSX Lord Abbett GlobalPairCorr
  0.91LGCYX Lord Abbett GlobalPairCorr
  0.91LGCWX Lord Abbett GlobalPairCorr
  0.91LGLCX Lord Abbett GrowthPairCorr
  0.91LGLAX Lord Abbett GrowthPairCorr
  0.91LGLFX Lord Abbett GrowthPairCorr
  0.91LGLIX Lord Abbett GrowthPairCorr
  0.91LGLOX Lord Abbett GrowthPairCorr
  0.91LGLSX L Abbett GrowthPairCorr
  0.91LGLQX Lord Abbett GrowthPairCorr
  0.91LGLRX Lord Abbett GrowthPairCorr
  0.91LGLUX L Abbett GrowthPairCorr
  0.91LGLVX L Abbett GrowthPairCorr
  0.9EMILX Lord Abbett EmergingPairCorr
  0.9LGOFX Lord Abbett GrowthPairCorr
  0.9LGOQX Lord Abbett GrowthPairCorr
  0.9LGORX Lord Abbett GrowthPairCorr
  0.9LGOPX Lord Abbett GrowthPairCorr
  0.9LGOVX 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  0.54  0.18  0.15  0.55  0.00 
(0.68)
 1.59 
(1.15)
 4.15 
ELMCX  0.54  0.17  0.15  0.54  0.00 
(0.68)
 1.61 
(1.16)
 4.15 
LFSFX  0.93  0.11  0.11  0.23  0.85 
(1.08)
 2.27 
(1.65)
 6.76 
LFRAX  0.10  0.04 (0.60) 0.69  0.00 
(0.23)
 0.51 
(0.13)
 0.75 
LFRFX  0.10  0.04  0.00  0.92  0.00 
 0.00 
 0.39 
 0.00 
 0.75 
LFRIX  0.10  0.04  0.00  1.04  0.00 
 0.00 
 0.51 
(0.13)
 0.75 
LFRRX  0.10  0.04 (0.62) 0.80  0.00 
(0.21)
 0.38 
(0.13)
 0.75 
LFROX  0.10  0.04  0.00  0.83  0.00 
 0.00 
 0.51 
(0.13)
 0.75 
LFVAX  0.93  0.11  0.11  0.23  0.86 
(1.08)
 2.26 
(1.68)
 6.78 
LFVCX  0.93  0.10  0.10  0.23  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