LCCFX Mutual Fund Quote

LCCFX
 Fund
  

USD 8.17  0.06  0.74%   

Market Performance
0 of 100
Odds Of Distress
Less than 7
Lord Abbett is trading at 8.17 as of the 7th of October 2022; that is 0.74% increase since the beginning of the trading day. The fund's open price was 8.11. Lord Abbett has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Lord Abbett Corporate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of October 2020 and ending today, the 7th of October 2022. Click here to learn more.
Under normal conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in corporate debt securities and derivative instruments that are intended to provide economic exposure to such securities. More on Lord Abbett Corporate

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Lord Abbett Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lord Abbett's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lord Abbett or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Lord Abbett generated a negative expected return over the last 90 days
On 31st of August 2022 Lord Abbett paid $ 0.0277 per share dividend to its current shareholders
The fund maintains about 9.33% of its assets in bonds
Thematic IdeaCorporate Bonds (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Lord Abbett's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Startdate2nd of January 2020
Lord Abbett Corporate [LCCFX] is traded in USA and was established 7th of October 2022. The fund is listed under Corporate Bond category and is part of Lord Abbett family. The entity is thematically classified as Corporate Bonds. Lord Abbett Corporate now has accumulated 6.52 M in assets with no minimum investment requirements, while the total return for the last 3 years was 4.57%.
Check Lord Abbett Probability Of Bankruptcy

Instrument Allocation

Lord Abbett Target Price Odds Analysis

Based on a normal probability distribution, the odds of Lord Abbett jumping above the current price in 90 days from now is under 95%. The Lord Abbett Corporate probability density function shows the probability of Lord Abbett mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Lord Abbett Corporate has a beta of -0.0147. This indicates as returns on benchmark increase, returns on holding Lord Abbett are expected to decrease at a much lower rate. During the bear market, however, Lord Abbett Corporate is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Lord Abbett Corporate is significantly underperforming DOW.
  Odds Below 8.17HorizonTargetOdds Above 8.17
5.16%90 days
 8.17 
94.73%
Based on a normal probability distribution, the odds of Lord Abbett to move above the current price in 90 days from now is under 95 (This Lord Abbett Corporate probability density function shows the probability of LCCFX Mutual Fund to fall within a particular range of prices over 90 days) .

Lord Abbett Corporate Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lord Abbett market risk premium is the additional return an investor will receive from holding Lord Abbett long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lord Abbett. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lord Abbett's alpha and beta are two of the key measurements used to evaluate Lord Abbett's performance over the market, the standard measures of volatility play an important role as well.

Lord Abbett Against Markets

Picking the right benchmark for Lord Abbett mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lord Abbett mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lord Abbett is critical whether you are bullish or bearish towards Lord Abbett Corporate at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lord Abbett without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Lord Abbett Corporate?

The danger of trading Lord Abbett Corporate is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lord Abbett is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lord Abbett. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lord Abbett Corporate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the Lord Abbett Corporate information on this page should be used as a complementary analysis to other Lord Abbett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Lord Abbett Corporate price analysis, check to measure Lord Abbett's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lord Abbett is operating at the current time. Most of Lord Abbett's value examination focuses on studying past and present price action to predict the probability of Lord Abbett's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lord Abbett's price. Additionally, you may evaluate how the addition of Lord Abbett to your portfolios can decrease your overall portfolio volatility.
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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 Lord Abbett value 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.