Lazard Corporate Income Fund Probability of Future Mutual Fund Price Finishing Over 17.94
| LZHOX Fund | USD 18.22 0.05 0.27% |
Lazard |
Lazard Corporate Target Price Odds to finish over 17.94
The tendency of Lazard Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 17.94 in 90 days |
| 18.22 | 90 days | 17.94 | close to 99 |
Based on a normal probability distribution, the odds of Lazard Corporate to stay above $ 17.94 in 90 days from now is close to 99 (This Lazard Corporate Income probability density function shows the probability of Lazard Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Lazard Corporate Income price to stay between $ 17.94 and its current price of $18.22 at the end of the 90-day period is about 81.62 .
Assuming the 90 days horizon Lazard Corporate has a beta of 0.085. This indicates as returns on the market go up, Lazard Corporate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lazard Corporate Income will be expected to be much smaller as well. Additionally Lazard Corporate Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Lazard Corporate Price Density |
| Price |
Predictive Modules for Lazard Corporate
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lazard Corporate Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Lazard Corporate Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lazard Corporate is not an exception. The market had few large corrections towards the Lazard Corporate's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Lazard Corporate Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lazard Corporate within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0033 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.52 |
Lazard Corporate Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Lazard Corporate for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lazard Corporate Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 7.81% of its assets in bonds |
Lazard Corporate Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Lazard Mutual Fund often depends not only on the future outlook of the current and potential Lazard Corporate's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Lazard Corporate's indicators that are reflective of the short sentiment are summarized in the table below.
Lazard Corporate Technical Analysis
Lazard Corporate's future price can be derived by breaking down and analyzing its technical indicators over time. Lazard Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lazard Corporate Income. In general, you should focus on analyzing Lazard Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Lazard Corporate Predictive Forecast Models
Lazard Corporate's time-series forecasting models is one of many Lazard Corporate's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Lazard Corporate's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Lazard Corporate Income
Checking the ongoing alerts about Lazard Corporate for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lazard Corporate Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains about 7.81% of its assets in bonds |
Other Information on Investing in Lazard Mutual Fund
Lazard Corporate financial ratios help investors to determine whether Lazard Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lazard with respect to the benefits of owning Lazard Corporate security.
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