Lord Abbett Correlations

LTFOX Fund

USD 19.51 0.12 0.62%

The current 90-days correlation between Lord Abbett Affiliated and Ab Small Cap is 0.13 (i.e., Average 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

Very weak diversification

The correlation between Lord Abbett Affiliated and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lord Abbett Affiliated 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 Affiliated. 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 persons.

Moving together with Lord Mutual Fund

0.73	VVIAX	Vanguard Value Index	Pair Corr
0.84	DOXGX	Dodge Cox Stock	Pair Corr
0.89	AFMFX	American Mutual	Pair Corr
0.89	FFMMX	American Funds American	Pair Corr
0.89	FFFMX	American Funds American	Pair Corr
0.89	AMRMX	American Mutual	Pair Corr
0.79	AMFFX	American Mutual	Pair Corr
0.79	AMFCX	American Mutual	Pair Corr
0.91	DODGX	Dodge Stock Fund	Pair Corr
0.83	VIVAX	Vanguard Value Index	Pair Corr
0.75	BACAX	Blackrock All Cap	Pair Corr
0.9	INTC	Intel Earnings Call This Week	Pair Corr
0.74	TRV	The Travelers Companies	Pair Corr
0.87	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr
0.75	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Moving against Lord Mutual Fund

0.51	CIFRX	Columbia Porate Income	Pair Corr
0.87	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.49	WMT	Walmart	Pair Corr
0.37	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	SCYVX	MLPSX	UAPSX	LRSOX	WBVNX	SGPIX
SCYVX		0.96	0.99	0.95	0.98	0.98	SCYVX
MLPSX	0.96		0.97	0.88	0.94	0.95	MLPSX
UAPSX	0.99	0.97		0.93	0.97	0.98	UAPSX
LRSOX	0.95	0.88	0.93		0.97	0.95	LRSOX
WBVNX	0.98	0.94	0.97	0.97		0.98	WBVNX
SGPIX	0.98	0.95	0.98	0.95	0.98		SGPIX
	SCYVX	MLPSX	UAPSX	LRSOX	WBVNX	SGPIX

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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
SCYVX	0.91	(0.02)	(0.02)	(0.01)	1.22	(0.97)	1.73	(1.91)	9.85
MLPSX	0.70	0.03	0.02	0.09	0.95	(0.70)	1.39	(1.39)	8.46
UAPSX	1.85	0.00	0.00	0.02	2.50	(1.88)	3.58	(3.28)	20.51
LRSOX	0.99	(0.10)	0.00	(0.08)	0.00	0.00	1.66	(1.65)	14.78
WBVNX	0.90	(0.04)	0.00	(0.07)	0.00	0.00	1.73	(1.94)	10.23
SGPIX	0.91	(0.04)	0.00	(0.05)	0.00	0.00	1.69	(1.67)	9.85

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