The Lazard Funds Fund Market Value

LUSOX Fund  USD 12.10  0.03  0.25%   
Lazard Funds' market value is the price at which a share of Lazard Funds trades on a public exchange. It measures the collective expectations of The Lazard Funds investors about its performance. Lazard Funds is trading at 12.10 as of the 9th of December 2024; that is 0.25% increase since the beginning of the trading day. The fund's open price was 12.07.
With this module, you can estimate the performance of a buy and hold strategy of The Lazard Funds and determine expected loss or profit from investing in Lazard Funds over a given investment horizon. Check out Lazard Funds Correlation, Lazard Funds Volatility and Lazard Funds Alpha and Beta module to complement your research on Lazard Funds.
Symbol

Please note, there is a significant difference between Lazard Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard Funds' 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 Funds '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 Funds' 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 Funds.
0.00
12/20/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/09/2024
0.00
If you would invest  0.00  in Lazard Funds on December 20, 2022 and sell it all today you would earn a total of 0.00 from holding The Lazard Funds or generate 0.0% return on investment in Lazard Funds over 720 days. Lazard Funds is related to or competes with T Rowe, Abr 75/25, Rbb Fund, Balanced Fund, Ab Value, Qs Us, and Falcon Focus. The Portfolio invests primarily in equity securities, principally common stocks, of small capitalization U.S More

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

Lazard Funds Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Funds' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Funds' standard deviation. In reality, there are many statistical measures that can use Lazard Funds historical prices to predict the future Lazard Funds' volatility.
Hype
Prediction
LowEstimatedHigh
11.0612.1013.14
Details
Intrinsic
Valuation
LowRealHigh
12.0013.0414.08
Details
Naive
Forecast
LowNextHigh
11.0712.1013.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.0612.0912.12
Details

Lazard Funds Backtested Returns

Lazard Funds appears to be very steady, given 3 months investment horizon. Lazard Funds has Sharpe Ratio of 0.2, which conveys that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lazard Funds, which you can use to evaluate the volatility of the fund. Please exercise Lazard Funds' Downside Deviation of 0.9455, risk adjusted performance of 0.1229, and Market Risk Adjusted Performance of 0.1396 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 1.25, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lazard Funds will likely underperform.

Auto-correlation

    
  0.24  

Weak predictability

The Lazard Funds has weak predictability. Overlapping area represents the amount of predictability between Lazard Funds time series from 20th of December 2022 to 15th of December 2023 and 15th of December 2023 to 9th 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 Funds price movement. The serial correlation of 0.24 indicates that over 24.0% of current Lazard Funds price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.33

Lazard Funds lagged returns against current returns

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

Lazard Funds Lagged Returns

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

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Other Information on Investing in Lazard Mutual Fund

Lazard Funds 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 Funds security.
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