Lazard Equity Megatrends Etf Market Value
| THMZ Etf | 32.86 0.07 0.21% |
| Symbol | Lazard |
The market value of Lazard Equity Megatrends 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Lazard Equity'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 Equity's market value can be influenced by many factors that don't directly affect Lazard Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard Equity'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 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 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 Equity.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Lazard Equity on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Lazard Equity Megatrends or generate 0.0% return on investment in Lazard Equity over 180 days. Lazard Equity is related to or competes with Invesco Next, Bridges Capital, Esoterica NextG, Direxion Daily, Pacer Swan, Invesco Top, and Trueshares Structured. 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 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 Equity Megatrends upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 1.38 |
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 | 0.0595 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0627 |
Lazard Equity Megatrends Backtested Returns
At this stage we consider Lazard Etf to be very steady. Lazard Equity Megatrends has Sharpe Ratio of 0.0806, which conveys that the entity had a 0.0806 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lazard Equity, which you can use to evaluate the volatility of the etf. Please verify Lazard Equity's Mean Deviation of 0.7258, downside deviation of 1.14, and Risk Adjusted Performance of 0.0595 to check out if the risk estimate we provide is consistent with the expected return of 0.0737%. The etf secures a Beta (Market Risk) of 1.03, which conveys a somewhat significant risk relative to the market. Lazard Equity returns are very sensitive to returns on the market. As the market goes up or down, Lazard Equity is expected to follow.
Auto-correlation | 0.31 |
Below average predictability
Lazard Equity Megatrends has below average predictability. Overlapping area represents the amount of predictability between Lazard Equity time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th 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 Equity Megatrends price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Lazard Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Lazard Equity Megatrends lagged returns against current returns
Autocorrelation, which is Lazard Equity 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 Equity's etf 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 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 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 etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lazard Equity etf 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 etf 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 etf current value and its past values and can show if there is a momentum factor associated with investing in Lazard Equity Megatrends.
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.When determining whether Lazard Equity Megatrends offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lazard Equity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lazard Equity Megatrends Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Lazard Equity Megatrends Etf:Check out Lazard Equity Correlation, Lazard Equity Volatility and Lazard Equity Alpha and Beta module to complement your research on Lazard Equity. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Lazard Equity technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.