Lazard Real Assets Fund Market Value
| RALOX Fund | USD 10.46 0.13 1.23% |
| Symbol | Lazard |
Lazard Real '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 Real'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 Real.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Lazard Real on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Lazard Real Assets or generate 0.0% return on investment in Lazard Real over 720 days. Lazard Real is related to or competes with Fidelity Real, Guggenheim Risk, Sa Real, Deutsche Real, Commonwealth Real, Dunham Real, and Amg Managers. Under normal market conditions, the portfolio invests at least 80 percent of its assets in real assets investments, incl... More
Lazard Real 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 Real'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 Real Assets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6402 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.11 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.7859 |
Lazard Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Real's standard deviation. In reality, there are many statistical measures that can use Lazard Real historical prices to predict the future Lazard Real's volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.0093 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.1706 |
Lazard Real Assets Backtested Returns
At this stage we consider Lazard Mutual Fund to be very steady. Lazard Real Assets has Sharpe Ratio of 0.0686, which conveys that the entity had a 0.0686% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lazard Real, which you can use to evaluate the volatility of the fund. Please verify Lazard Real's Downside Deviation of 0.6402, risk adjusted performance of 0.0489, and Mean Deviation of 0.4527 to check out if the risk estimate we provide is consistent with the expected return of 0.0378%. The fund secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lazard Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Real is expected to be smaller as well.
Auto-correlation | -0.54 |
Good reverse predictability
Lazard Real Assets has good reverse predictability. Overlapping area represents the amount of predictability between Lazard Real 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 Real Assets price movement. The serial correlation of -0.54 indicates that about 54.0% of current Lazard Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Lazard Real Assets lagged returns against current returns
Autocorrelation, which is Lazard Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Lazard Real returns to help us make a trade decision. For example, suppose you find that Lazard Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lazard Real Lagged Returns
When evaluating Lazard Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Real mutual fund have on its future price. Lazard Real 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 Real autocorrelation shows the relationship between Lazard Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lazard Real Assets.
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 Real 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 Real security.
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