Lazard Emerging Markets Fund Market Value

ECEOX Fund  USD 10.69  0.04  0.38%   
Lazard Emerging's market value is the price at which a share of Lazard Emerging trades on a public exchange. It measures the collective expectations of Lazard Emerging Markets investors about its performance. Lazard Emerging is trading at 10.69 as of the 4th of December 2024; that is 0.38 percent up since the beginning of the trading day. The fund's open price was 10.65.
With this module, you can estimate the performance of a buy and hold strategy of Lazard Emerging Markets and determine expected loss or profit from investing in Lazard Emerging over a given investment horizon. Check out Lazard Emerging Correlation, Lazard Emerging Volatility and Lazard Emerging Alpha and Beta module to complement your research on Lazard Emerging.
Symbol

Please note, there is a significant difference between Lazard Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard Emerging'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 Emerging '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 Emerging'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 Emerging.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in Lazard Emerging on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Lazard Emerging Markets or generate 0.0% return on investment in Lazard Emerging over 180 days. Lazard Emerging is related to or competes with Wasatch Emerging, Parametric Emerging, and Amana Developing. Under normal circumstances, the Portfolio invests at least 80 percent of its assets in equity securities of companies th... More

Lazard Emerging 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 Emerging'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 Emerging Markets upside and downside potential and time the market with a certain degree of confidence.

Lazard Emerging Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Emerging's standard deviation. In reality, there are many statistical measures that can use Lazard Emerging historical prices to predict the future Lazard Emerging's volatility.
Hype
Prediction
LowEstimatedHigh
9.7510.6911.63
Details
Intrinsic
Valuation
LowRealHigh
9.8110.7511.69
Details
Naive
Forecast
LowNextHigh
9.6510.5911.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.5510.6210.68
Details

Lazard Emerging Markets Backtested Returns

At this stage we consider Lazard Mutual Fund to be very steady. Lazard Emerging Markets has Sharpe Ratio of 0.0378, which conveys that the entity had a 0.0378% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Lazard Emerging, which you can use to evaluate the volatility of the fund. Please verify Lazard Emerging's Downside Deviation of 0.9491, mean deviation of 0.7263, and Risk Adjusted Performance of 0.0035 to check out if the risk estimate we provide is consistent with the expected return of 0.0354%. The fund secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Emerging is expected to be smaller as well.

Auto-correlation

    
  0.35  

Below average predictability

Lazard Emerging Markets has below average predictability. Overlapping area represents the amount of predictability between Lazard Emerging time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Emerging Markets price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Lazard Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test-0.13
Residual Average0.0
Price Variance0.12

Lazard Emerging Markets lagged returns against current returns

Autocorrelation, which is Lazard Emerging 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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Lazard Emerging returns to help us make a trade decision. For example, suppose you find that Lazard Emerging 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Emerging 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 Emerging mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Lazard Emerging Lagged Returns

When evaluating Lazard Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Emerging mutual fund have on its future price. Lazard Emerging 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 Emerging autocorrelation shows the relationship between Lazard Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Lazard Emerging Markets.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Lazard Mutual Fund

Lazard Emerging 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 Emerging security.
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