Lazard Active Etf Market Value
| IDEQ Etf | 30.48 0.37 1.23% |
| Symbol | Lazard |
The market value of Lazard Active ETF is measured differently than its book value, which is the value of Lazard that is recorded on the company's balance sheet. Investors also form their own opinion of Lazard Active's value that differs from its market value or its book value, called intrinsic value, which is Lazard Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lazard Active's market value can be influenced by many factors that don't directly affect Lazard Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lazard Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard Active'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 Active '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 Active's etf 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 Active.
| 11/24/2025 |
| 12/24/2025 |
If you would invest 0.00 in Lazard Active on November 24, 2025 and sell it all today you would earn a total of 0.00 from holding Lazard Active ETF or generate 0.0% return on investment in Lazard Active over 30 days. Lazard Active is related to or competes with Freedom Day, Davis Select, Elevation Series, Principal Value, and Vanguard Total. More
Lazard Active 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 Active's etf 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 Active ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8677 | |||
| Information Ratio | 0.0897 | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.26 |
Lazard Active Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Active's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Active's standard deviation. In reality, there are many statistical measures that can use Lazard Active historical prices to predict the future Lazard Active's volatility.| Risk Adjusted Performance | 0.123 | |||
| Jensen Alpha | 0.0928 | |||
| Total Risk Alpha | 0.0637 | |||
| Sortino Ratio | 0.0843 | |||
| Treynor Ratio | 0.1982 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lazard Active'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 Active ETF Backtested Returns
Currently, Lazard Active ETF is very steady. Lazard Active ETF has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lazard Active, which you can use to evaluate the volatility of the etf. Please verify Lazard Active's Mean Deviation of 0.636, downside deviation of 0.8677, and Risk Adjusted Performance of 0.123 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The etf secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Active is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Lazard Active ETF has good predictability. Overlapping area represents the amount of predictability between Lazard Active time series from 24th of November 2025 to 9th of December 2025 and 9th of December 2025 to 24th of December 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 Active ETF price movement. The serial correlation of 0.67 indicates that around 67.0% of current Lazard Active price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Lazard Active ETF lagged returns against current returns
Autocorrelation, which is Lazard Active etf'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 Active's etf expected returns. We can calculate the autocorrelation of Lazard Active returns to help us make a trade decision. For example, suppose you find that Lazard Active has exhibited high autocorrelation historically, and you observe that the etf 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 Active 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 Active etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Active etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lazard Active etf over time.
Current vs Lagged Prices |
| Timeline |
Lazard Active Lagged Returns
When evaluating Lazard Active's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Active etf have on its future price. Lazard Active 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 Active autocorrelation shows the relationship between Lazard Active etf current value and its past values and can show if there is a momentum factor associated with investing in Lazard Active ETF.
Regressed Prices |
| Timeline |
Pair Trading with Lazard Active
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lazard Active position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lazard Active will appreciate offsetting losses from the drop in the long position's value.Moving together with Lazard Etf
| 0.68 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.91 | IEFA | iShares Core MSCI | PairCorr |
| 0.91 | VEU | Vanguard FTSE All | PairCorr |
| 0.92 | EFA | iShares MSCI EAFE | PairCorr |
| 0.67 | IXUS | iShares Core MSCI | PairCorr |
The ability to find closely correlated positions to Lazard Active could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lazard Active when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lazard Active - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lazard Active ETF to buy it.
The correlation of Lazard Active is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lazard Active moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lazard Active ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lazard Active can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Lazard Etf
Lazard Active financial ratios help investors to determine whether Lazard Etf 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 Active security.