Lazard Global Total Fund Quote
| LGI Fund | USD 15.37 0.02 0.13% |
Performance2 of 100
| Odds Of DistressLess than 14
|
Lazard Global is trading at 15.37 as of the 25th of April 2024. This is a 0.13% increase since the beginning of the trading day. The fund's open price was 15.35. Lazard Global has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Lazard Global Total are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. Lazard Global Total Return and Income Fund, Inc. was formed on January 27, 2004 and is domiciled in the United States. The company has 13.01 M outstanding shares of which 14.7 K shares are now shorted by investors with about 0.34 days to cover. More on Lazard Global Total
Moving together with Lazard Fund
| 0.79 | PHK | Pimco High Me | PairCorr |
| 0.84 | PTY | Pimco Corporate Me | PairCorr |
| 0.84 | HYT | Blackrock Corporate High | PairCorr |
| 0.74 | NEA | Nuveen Amt Free | PairCorr |
| 0.68 | DNP | Dnp Select Me | PairCorr |
| 0.87 | CSQ | Calamos Strategic Total | PairCorr |
Lazard Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lazard Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lazard Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Nathan Paul |
| Fund Concentration | World Large-Stock Growth Funds, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
Lazard Global Total [LGI] is traded in USA and was established 25th of April 2024. The fund is not categorized under any group at the present time. Lazard Global Total now has in assets with no minimum investment requirementsThe fund is currently generating return of 1.44% with the current yeild of 0.01%, while the total return for the last 3 years was 2.03%.
Lazard Global Total has about 254.79 K in cash with 25.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Lazard Global Probability Of Bankruptcy
Lazard Global Target Price Odds Analysis
Coming from a normal probability distribution, the odds of Lazard Global jumping above the current price in 90 days from now is about 66.71%. The Lazard Global Total probability density function shows the probability of Lazard Global fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the fund has a beta coefficient of 1.1749. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lazard Global will likely underperform. Additionally, lazard Global Total has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lazard Global to move above the current price in 90 days from now is about 66.71 (This Lazard Global Total probability density function shows the probability of Lazard Fund to fall within a particular range of prices over 90 days) .
Lazard Global Total Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lazard Global market risk premium is the additional return an investor will receive from holding Lazard Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lazard Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lazard Global's alpha and beta are two of the key measurements used to evaluate Lazard Global's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0397 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) |
Lazard Global Against Markets
Picking the right benchmark for Lazard Global fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lazard Global fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lazard Global is critical whether you are bullish or bearish towards Lazard Global Total at a given time. Please also check how Lazard Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lazard Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Holdings Now
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
How to buy Lazard Fund?
Before investing in Lazard Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lazard Global. To buy Lazard Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lazard Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lazard Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lazard Global Total fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lazard Global Total fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Lazard Global Total, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Lazard Global Total?
The danger of trading Lazard Global Total is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lazard Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lazard Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lazard Global Total is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lazard Global Total. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Lazard Global Total information on this page should be used as a complementary analysis to other Lazard Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.