Lazard Equity Concentrated Fund Market Value
| RLUEX Fund | USD 12.33 0.04 0.33% |
| Symbol | Lazard |
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.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Lazard Equity on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Lazard Equity Concentrated or generate 0.0% return on investment in Lazard Equity over 90 days. Lazard Equity is related to or competes with Lazard Equity, Siit Dynamic, Fidelity Advisor, Siit Large, and Columbia Large. 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 Concentrated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.1199 | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.78 |
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.| Risk Adjusted Performance | 0.208 | |||
| Jensen Alpha | 0.1352 | |||
| Total Risk Alpha | 0.1022 | |||
| Sortino Ratio | 0.129 | |||
| Treynor Ratio | 0.2374 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lazard Equity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lazard Equity Concen Backtested Returns
Lazard Equity appears to be very steady, given 3 months investment horizon. Lazard Equity Concen has Sharpe Ratio of 0.28, which conveys that the entity had a 0.28 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lazard Equity, which you can use to evaluate the volatility of the fund. Please exercise Lazard Equity's Downside Deviation of 1.32, mean deviation of 1.01, and Risk Adjusted Performance of 0.208 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.27, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lazard Equity will likely underperform.
Auto-correlation | 0.80 |
Very good predictability
Lazard Equity Concentrated has very good predictability. Overlapping area represents the amount of predictability between Lazard Equity time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. 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 Concen price movement. The serial correlation of 0.8 indicates that around 80.0% of current Lazard Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Lazard Equity Concen 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 Concentrated.
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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