Lazard Equity Franchise Fund Market Value

LZFOX Fund  USD 9.95  0.10  1.00%   
Lazard Equity's market value is the price at which a share of Lazard Equity trades on a public exchange. It measures the collective expectations of Lazard Equity Franchise investors about its performance. Lazard Equity is trading at 9.95 as of the 13th of December 2024; that is 1 percent down since the beginning of the trading day. The fund's open price was 10.05.
With this module, you can estimate the performance of a buy and hold strategy of Lazard Equity Franchise and determine expected loss or profit from investing in Lazard Equity over a given investment horizon. Check out Lazard Equity Correlation, Lazard Equity Volatility and Lazard Equity Alpha and Beta module to complement your research on Lazard Equity.
Symbol

Please note, there is a significant difference between Lazard Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard Equity'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.

Lazard Equity '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 Equity's mutual 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 Equity.
0.00
12/24/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/13/2024
0.00
If you would invest  0.00  in Lazard Equity on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Lazard Equity Franchise or generate 0.0% return on investment in Lazard Equity over 720 days. Lazard Equity is related to or competes with Lazard Global, Lazard Global, Lazard International, Lazard Small, Lazard Emerging, and Lazard International. The Portfolio invests primarily in equity securities, principally common stocks, of U.S More

Lazard Equity 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 Equity's mutual 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 Equity Franchise upside and downside potential and time the market with a certain degree of confidence.

Lazard Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Equity's standard deviation. In reality, there are many statistical measures that can use Lazard Equity historical prices to predict the future Lazard Equity's volatility.
Hype
Prediction
LowEstimatedHigh
9.259.9510.65
Details
Intrinsic
Valuation
LowRealHigh
9.3310.0310.73
Details

Lazard Equity Franchise Backtested Returns

Lazard Equity Franchise has Sharpe Ratio of -0.13, which conveys that the entity had a -0.13% return per unit of risk over the last 3 months. Lazard Equity exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lazard Equity's Mean Deviation of 0.5519, standard deviation of 0.6969, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Equity is expected to be smaller as well.

Auto-correlation

    
  -0.28  

Weak reverse predictability

Lazard Equity Franchise has weak reverse predictability. Overlapping area represents the amount of predictability between Lazard Equity time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Equity Franchise price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Lazard Equity price fluctuation can be explain by its past prices.
Correlation Coefficient-0.28
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.11

Lazard Equity Franchise lagged returns against current returns

Autocorrelation, which is Lazard Equity mutual 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 Equity's mutual fund expected returns. We can calculate the autocorrelation of Lazard Equity returns to help us make a trade decision. For example, suppose you find that Lazard Equity has exhibited high autocorrelation historically, and you observe that the mutual 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 Equity 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 Equity mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Equity mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lazard Equity mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Lazard Equity Lagged Returns

When evaluating Lazard Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Equity mutual fund have on its future price. Lazard Equity 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 Equity autocorrelation shows the relationship between Lazard Equity mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lazard Equity Franchise.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Lazard Mutual Fund

Lazard Equity 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 Equity security.
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