Lazard Capital Allocator Fund Market Value

LCAOX Fund  USD 11.34  0.09  0.80%   
Lazard Capital's market value is the price at which a share of Lazard Capital trades on a public exchange. It measures the collective expectations of Lazard Capital Allocator investors about its performance. Lazard Capital is trading at 11.34 as of the 5th of December 2024; that is 0.80 percent up since the beginning of the trading day. The fund's open price was 11.25.
With this module, you can estimate the performance of a buy and hold strategy of Lazard Capital Allocator and determine expected loss or profit from investing in Lazard Capital over a given investment horizon. Check out Lazard Capital Correlation, Lazard Capital Volatility and Lazard Capital Alpha and Beta module to complement your research on Lazard Capital.
Symbol

Please note, there is a significant difference between Lazard Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard Capital'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 Capital '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 Capital'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 Capital.
0.00
11/05/2024
No Change 0.00  0.0 
In 30 days
12/05/2024
0.00
If you would invest  0.00  in Lazard Capital on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Lazard Capital Allocator or generate 0.0% return on investment in Lazard Capital over 30 days. Lazard Capital is related to or competes with Lazard Capital, Cullen International, Cullen High, Lazard International, and The Arbitrage. The fund utilizes an asset allocation strategy to invest in a global portfolio of uncorrelated assets that can include e... More

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

Lazard Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Capital's standard deviation. In reality, there are many statistical measures that can use Lazard Capital historical prices to predict the future Lazard Capital's volatility.
Hype
Prediction
LowEstimatedHigh
10.7111.3411.97
Details
Intrinsic
Valuation
LowRealHigh
10.6011.2311.86
Details
Naive
Forecast
LowNextHigh
10.7411.3712.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.0011.1311.27
Details

Lazard Capital Allocator Backtested Returns

At this stage we consider Lazard Mutual Fund to be very steady. Lazard Capital Allocator has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lazard Capital, which you can use to evaluate the volatility of the fund. Please verify Lazard Capital's Downside Deviation of 0.6881, risk adjusted performance of 0.1345, and Mean Deviation of 0.4754 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. The fund secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lazard Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Capital is expected to be smaller as well.

Auto-correlation

    
  -0.21  

Weak reverse predictability

Lazard Capital Allocator has weak reverse predictability. Overlapping area represents the amount of predictability between Lazard Capital time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Capital Allocator price movement. The serial correlation of -0.21 indicates that over 21.0% of current Lazard Capital price fluctuation can be explain by its past prices.
Correlation Coefficient-0.21
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.02

Lazard Capital Allocator lagged returns against current returns

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

Lazard Capital Lagged Returns

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

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Other Information on Investing in Lazard Mutual Fund

Lazard Capital 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 Capital security.
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