Lazard Developing Markets Fund Market Value
| LDMOX Fund | USD 13.64 0.10 0.74% |
| Symbol | Lazard |
Lazard Developing '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 Developing'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 Developing.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Lazard Developing on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Lazard Developing Markets or generate 0.0% return on investment in Lazard Developing over 30 days. Lazard Developing is related to or competes with Equity Series, Dreyfus International, Blackrock, and Heartland Value. The Portfolio invests primarily in equity securities, principally common stocks, of non-U.S More
Lazard Developing 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 Developing'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 Developing Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9607 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 4.43 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.85 |
Lazard Developing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Developing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Developing's standard deviation. In reality, there are many statistical measures that can use Lazard Developing historical prices to predict the future Lazard Developing's volatility.| Risk Adjusted Performance | 0.0261 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0417 |
Lazard Developing Markets Backtested Returns
At this stage we consider Lazard Mutual Fund to be very steady. Lazard Developing Markets has Sharpe Ratio of 0.0751, which conveys that the entity had a 0.0751% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lazard Developing, which you can use to evaluate the volatility of the fund. Please verify Lazard Developing's Risk Adjusted Performance of 0.0261, downside deviation of 0.9607, and Mean Deviation of 0.7363 to check out if the risk estimate we provide is consistent with the expected return of 0.0684%. The fund secures a Beta (Market Risk) of 0.49, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard Developing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Developing is expected to be smaller as well.
Auto-correlation | 0.40 |
Average predictability
Lazard Developing Markets has average predictability. Overlapping area represents the amount of predictability between Lazard Developing time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 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 Developing Markets price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Lazard Developing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lazard Developing Markets lagged returns against current returns
Autocorrelation, which is Lazard Developing 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 Developing's mutual fund expected returns. We can calculate the autocorrelation of Lazard Developing returns to help us make a trade decision. For example, suppose you find that Lazard Developing 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 Developing 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 Developing mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Developing 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 Developing mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lazard Developing Lagged Returns
When evaluating Lazard Developing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Developing mutual fund have on its future price. Lazard Developing 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 Developing autocorrelation shows the relationship between Lazard Developing mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lazard Developing Markets.
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 Developing 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 Developing security.
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