Lazard International Compounders Fund Market Value
| RCMPX Fund | 16.77 0.03 0.18% |
| Symbol | Lazard |
Lazard International '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 International'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 International.
| 12/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in Lazard International on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding Lazard International Compounders or generate 0.0% return on investment in Lazard International over 90 days. Lazard International is related to or competes with Vanguard Reit, Neuberger Berman, Cohen Steers, Nexpoint Real, and Nexpoint Real. The Portfolio invests primarily in equity securities of non-U.S More
Lazard International 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 International'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 International Compounders upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.881 | |||
| Information Ratio | 0.0629 | |||
| Maximum Drawdown | 3.62 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.14 |
Lazard International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard International's standard deviation. In reality, there are many statistical measures that can use Lazard International historical prices to predict the future Lazard International's volatility.| Risk Adjusted Performance | 0.035 | |||
| Jensen Alpha | 0.0372 | |||
| Total Risk Alpha | 0.0517 | |||
| Sortino Ratio | 0.0566 | |||
| Treynor Ratio | 0.0604 |
Lazard International Backtested Returns
At this stage we consider Lazard Mutual Fund to be very steady. Lazard International has Sharpe Ratio of close to zero, which conveys that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lazard International, which you can use to evaluate the volatility of the fund. Please verify Lazard International's Risk Adjusted Performance of 0.035, mean deviation of 0.6035, and Downside Deviation of 0.881 to check out if the risk estimate we provide is consistent with the expected return of 3.0E-4%. The fund secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard International is expected to be smaller as well.
Auto-correlation | -0.63 |
Very good reverse predictability
Lazard International Compounders has very good reverse predictability. Overlapping area represents the amount of predictability between Lazard International time series from 1st of December 2024 to 15th of January 2025 and 15th of January 2025 to 1st of March 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 International price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Lazard International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Lazard International lagged returns against current returns
Autocorrelation, which is Lazard International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Lazard International returns to help us make a trade decision. For example, suppose you find that Lazard International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Lazard International Lagged Returns
When evaluating Lazard International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard International mutual fund have on its future price. Lazard International 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 International autocorrelation shows the relationship between Lazard International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lazard International Compounders.
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 International 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 International security.
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