Lazard Small Mid Cap Fund Manager Performance Evaluation

LZCOX Fund  USD 12.60  0.08  0.64%   
The fund secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lazard Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Small is expected to be smaller as well.

Risk-Adjusted Performance

15 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Lazard Small Mid Cap are ranked lower than 15 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Lazard Small showed solid returns over the last few months and may actually be approaching a breakup point.
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Expense Ratio Date1st of May 2023
Expense Ratio1.2000
  

Lazard Small Relative Risk vs. Return Landscape

If you would invest  1,101  in Lazard Small Mid Cap on September 6, 2024 and sell it today you would earn a total of  159.00  from holding Lazard Small Mid Cap or generate 14.44% return on investment over 90 days. Lazard Small Mid Cap is currently producing 0.2208% returns and takes up 1.1467% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Lazard, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Lazard Small is expected to generate 1.56 times more return on investment than the market. However, the company is 1.56 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.24 per unit of risk.

Lazard Small Current Valuation

Fairly Valued
Today
12.60
Please note that Lazard Small's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Lazard Small Mid secures a last-minute Real Value of $12.34 per share. The latest price of the fund is $12.6. We determine the value of Lazard Small Mid from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Lazard Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Lazard Mutual Fund. However, Lazard Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  12.6 Real  12.34 Hype  12.52 Naive  12.76
The intrinsic value of Lazard Small's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Lazard Small's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
12.34
Real Value
13.50
Upside
Estimating the potential upside or downside of Lazard Small Mid Cap helps investors to forecast how Lazard mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Lazard Small more accurately as focusing exclusively on Lazard Small's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.0412.3512.65
Details
Hype
Prediction
LowEstimatedHigh
11.3612.5213.68
Details
Naive
Forecast
LowNext ValueHigh
11.6012.7613.93
Details

Lazard Small Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Small's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Lazard Small Mid Cap, and traders can use it to determine the average amount a Lazard Small's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1925

Best PortfolioBest Equity
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Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Lazard Small is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lazard Small by adding it to a well-diversified portfolio.

Lazard Small Fundamentals Growth

Lazard Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Lazard Small, and Lazard Small fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Lazard Mutual Fund performance.

About Lazard Small Performance

Evaluating Lazard Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Lazard Small has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Lazard Small has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The Portfolio invests primarily in equity securities, principally common stocks, of small cap US companies. The Investment Manager considers small cap companies to be those companies that, at the time of initial purchase by the Portfolio, have market capitalizations within the range of companies included in the Russell 2000 Index. It invests at least 80 percent of its assets in equity securities of small-mid cap U.S. companies. The fund may invest up to 20 percent of its assets in securities of larger or smaller U.S. or non-U.S. companies.

Things to note about Lazard Small Mid performance evaluation

Checking the ongoing alerts about Lazard Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Lazard Small Mid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains 97.46% of its assets in stocks
Evaluating Lazard Small's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Lazard Small's mutual fund performance include:
  • Analyzing Lazard Small's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Lazard Small's stock is overvalued or undervalued compared to its peers.
  • Examining Lazard Small's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Lazard Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lazard Small's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Lazard Small's mutual fund. These opinions can provide insight into Lazard Small's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Lazard Small's mutual fund performance is not an exact science, and many factors can impact Lazard Small's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Lazard Mutual Fund

Lazard Small 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 Small security.
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