Lazard Corporate Income Fund Buy Hold or Sell Recommendation
| LZHOX Fund | USD 17.51 0.01 0.06% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Lazard Corporate Income is 'Cautious Hold'. Macroaxis provides Lazard Corporate buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LZHOX positions. The advice algorithm takes into account all of Lazard Corporate's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Lazard Corporate's buy or sell advice are summarized below:
Real Value 17.56 | Hype Value 17.51 | Market Value 17.51 | Naive Value 17.42 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Lazard Corporate Income given historical horizon and risk tolerance towards Lazard Corporate. When Macroaxis issues a 'buy' or 'sell' recommendation for Lazard Corporate Income, the advice is generated through an automated system that utilizes algorithms and statistical models.
Lazard |
Execute Lazard Corporate Buy or Sell Advice
The Lazard recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Lazard Corporate Income. Macroaxis does not own or have any residual interests in Lazard Corporate Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Lazard Corporate's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details |
Lazard Corporate Trading Alerts and Improvement Suggestions
| Lazard Corporate generated a negative expected return over the last 90 days | |
| The fund maintains about 7.81% of its assets in bonds |
Lazard Corporate Returns Distribution Density
The distribution of Lazard Corporate's historical returns is an attempt to chart the uncertainty of Lazard Corporate's future price movements. The chart of the probability distribution of Lazard Corporate daily returns describes the distribution of returns around its average expected value. We use Lazard Corporate Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Lazard Corporate returns is essential to provide solid investment advice for Lazard Corporate.
| Mean Return | -0.02 | Value At Risk | -0.4 | Potential Upside | 0.28 | Standard Deviation | 0.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Lazard Corporate historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Lazard Corporate Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Lazard Corporate or Lazard sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Lazard Corporate's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Lazard fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 0.23 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.38 |
Lazard Corporate Volatility Alert
Lazard Corporate Income exhibits very low volatility with skewness of -0.58 and kurtosis of 0.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lazard Corporate's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Lazard Corporate's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Lazard Corporate Fundamentals Vs Peers
Comparing Lazard Corporate's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Lazard Corporate's direct or indirect competition across all of the common fundamentals between Lazard Corporate and the related equities. This way, we can detect undervalued stocks with similar characteristics as Lazard Corporate or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Lazard Corporate's fundamental indicators could also be used in its relative valuation, which is a method of valuing Lazard Corporate by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Lazard Corporate to competition |
| Fundamentals | Lazard Corporate | Peer Average |
| Price To Earning | 19.94 X | 6.53 X |
| Annual Yield | 0.04 % | 0.29 % |
| Year To Date Return | 0.04 % | 0.39 % |
| One Year Return | 5.65 % | 4.15 % |
| Three Year Return | 0.03 % | 3.60 % |
| Five Year Return | 1.94 % | 3.24 % |
| Ten Year Return | 5.38 % | 1.79 % |
| Net Asset | 217.18 M | 4.11 B |
| Last Dividend Paid | 0.06 | 0.65 |
| Cash Position Weight | 2.56 % | 10.61 % |
| Bond Positions Weight | 7.81 % | 11.24 % |
Lazard Corporate Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Lazard . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.51 | |||
| Day Typical Price | 17.51 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
About Lazard Corporate Buy or Sell Advice
When is the right time to buy or sell Lazard Corporate Income? Buying financial instruments such as Lazard Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Lazard Corporate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumer Discretionary ETFs Thematic Idea Now
Consumer Discretionary ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Consumer Discretionary ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Discretionary ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Lazard Corporate Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.