Lazard Corporate Income Fund Manager Performance Evaluation

LZHYX Fund  USD 18.21  0.02  0.11%   
The fund secures a Beta (Market Risk) of 0.0841, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lazard Us' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lazard Us is expected to be smaller as well.

Risk-Adjusted Performance

11 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Lazard Corporate Income are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Lazard Us is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date1st of May 2023
Expense Ratio0.5800
  

Lazard Us Relative Risk vs. Return Landscape

If you would invest  1,793  in Lazard Corporate Income on September 11, 2024 and sell it today you would earn a total of  28.00  from holding Lazard Corporate Income or generate 1.56% return on investment over 90 days. Lazard Corporate Income is currently producing 0.0244% returns and takes up 0.1684% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Lazard, and 99% 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 Us is expected to generate 5.21 times less return on investment than the market. But when comparing it to its historical volatility, the company is 4.35 times less risky than the market. It trades about 0.14 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.17 of returns per unit of risk over similar time horizon.

Lazard Us Current Valuation

Overvalued
Today
18.21
Please note that Lazard Us' price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Lazard Corporate Income secures a last-minute Real Value of $16.74 per share. The latest price of the fund is $18.21. We determine the value of Lazard Corporate Income 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 Us is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Lazard Mutual Fund. However, Lazard Us' 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  18.21 Real  16.74 Hype  18.23 Naive  18.32
The intrinsic value of Lazard Us' 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 Us' 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.
16.74
Real Value
20.05
Upside
Estimating the potential upside or downside of Lazard Corporate Income 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 Us more accurately as focusing exclusively on Lazard Us' fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.0218.1618.31
Details
Hype
Prediction
LowEstimatedHigh
18.0618.2318.40
Details
Naive
Forecast
LowNext ValueHigh
18.1518.3218.49
Details

Lazard Us Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Us' investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Lazard Corporate Income, and traders can use it to determine the average amount a Lazard Us' 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 = 0.1447

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Negative ReturnsLZHYX

Estimated Market Risk

 0.17
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Lazard Us is performing at about 11% 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 Us by adding it to a well-diversified portfolio.

Lazard Us Fundamentals Growth

Lazard Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Lazard Us, and Lazard Us 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 Us Performance

Evaluating Lazard Us' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Lazard Us 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 Us 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.
Under normal circumstances, the Portfolio invests at least 80 percent of its assets in high yeild fixed-income securities issued by corporations or other non-governmental issuers similar to corporations, which securities are tied economically to the U.S. The Portfolio may invest up to 20 percent of its assets in other securities which need not be fixed-income securities and need not be tied economically to the U.S.

Things to note about Lazard Corporate Income performance evaluation

Checking the ongoing alerts about Lazard Us for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Lazard Corporate Income 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 about 6.32% of its assets in cash
Evaluating Lazard Us' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Lazard Us' mutual fund performance include:
  • Analyzing Lazard Us' 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 Us' stock is overvalued or undervalued compared to its peers.
  • Examining Lazard Us' 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 Us' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lazard Us' management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Lazard Us' mutual fund. These opinions can provide insight into Lazard Us' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Lazard Us' mutual fund performance is not an exact science, and many factors can impact Lazard Us' 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 Us 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 Us security.
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Technical Analysis
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