Lazard Global Beta vs. Price To Book
| LGI Fund | USD 16.49 0.12 0.73% |
For Lazard Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lazard Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lazard Global Total utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lazard Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lazard Global Total over time as well as its relative position and ranking within its peers.
Lazard |
Lazard Global Total Price To Book vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lazard Global's current stock value. Our valuation model uses many indicators to compare Lazard Global value to that of its competitors to determine the firm's financial worth. Lazard Global Total is number one fund in beta among similar funds. It is rated below average in price to book among similar funds fabricating about 0.70 of Price To Book per Beta. The ratio of Beta to Price To Book for Lazard Global Total is roughly 1.44 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lazard Global's earnings, one of the primary drivers of an investment's value.Lazard Price To Book vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Lazard Global |
| = | 1.12 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Lazard Global |
| = | 0.78 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Lazard Price To Book Comparison
Lazard Global is currently under evaluation in price to book among similar funds.
Beta Analysis
Lazard Global returns are very sensitive to returns on the market. As the market goes up or down, Lazard Global is expected to follow.
Lazard Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lazard Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lazard Global will eventually generate negative long term returns. The profitability progress is the general direction of Lazard Global's change in net profit over the period of time. It can combine multiple indicators of Lazard Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. Lazard Global Total Return and Income Fund, Inc. was formed on January 27, 2004 and is domiciled in the United States. Lazard Global operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Lazard Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lazard Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Lazard Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Lazard Global's important profitability drivers and their relationship over time.
Use Lazard Global in pair-trading
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 Global 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 Global will appreciate offsetting losses from the drop in the long position's value.Lazard Global Pair Trading
Lazard Global Total Pair Trading Analysis
The ability to find closely correlated positions to Lazard Global 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 Global 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 Global - 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 Global Total to buy it.
The correlation of Lazard Global 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 Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lazard Global Total 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 Global 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.Use Investing Themes to Complement your Lazard Global position
In addition to having Lazard Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Size And Style ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Lazard Fund
To fully project Lazard Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lazard Global Total at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Lazard Global's income statement, its balance sheet, and the statement of cash flows.
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