Lazard Global Total Fund Market Value
| LGI Fund | USD 16.89 0.18 1.08% |
| Symbol | Lazard |
Lazard Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lazard Global's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lazard Global.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Lazard Global on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Lazard Global Total or generate 0.0% return on investment in Lazard Global over 720 days. Lazard Global is related to or competes with Cohen Steers, Abrdn Emerging, Allianzgi Equity, Eaton Vance, BlackRock Capital, Western Asset, and Western Asset. Lazard Global Total Return and Income Fund, Inc More
Lazard Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lazard Global's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lazard Global Total upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9158 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.55 |
Lazard Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Global's standard deviation. In reality, there are many statistical measures that can use Lazard Global historical prices to predict the future Lazard Global's volatility.| Risk Adjusted Performance | 0.02 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0307 |
Lazard Global Total Backtested Returns
Lazard Global Total has Sharpe Ratio of -0.012, which conveys that the entity had a -0.012% return per unit of risk over the last 3 months. Lazard Global exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lazard Global's Mean Deviation of 0.7679, risk adjusted performance of 0.02, and Downside Deviation of 0.9158 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Global is expected to be smaller as well.
Auto-correlation | -0.32 |
Poor reverse predictability
Lazard Global Total has poor reverse predictability. Overlapping area represents the amount of predictability between Lazard Global time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lazard Global Total price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Lazard Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.26 |
Lazard Global Total lagged returns against current returns
Autocorrelation, which is Lazard Global fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lazard Global's fund expected returns. We can calculate the autocorrelation of Lazard Global returns to help us make a trade decision. For example, suppose you find that Lazard Global has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Lazard Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lazard Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lazard Global fund over time.
Current vs Lagged Prices |
| Timeline |
Lazard Global Lagged Returns
When evaluating Lazard Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Global fund have on its future price. Lazard Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lazard Global autocorrelation shows the relationship between Lazard Global fund current value and its past values and can show if there is a momentum factor associated with investing in Lazard Global Total.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lazard Fund
Lazard Global financial ratios help investors to determine whether Lazard 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 Global security.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |