|Horizon||30 Days Login to change|
Lazard EM Market Sensitivity
|As returns on market increase, returns on owning Lazard EM are expected to decrease at a much smaller rate. During bear market, Lazard EM is likely to outperform the market.One Month Beta |Analyze Lazard EM TotRet Demand TrendCheck current 30 days Lazard EM correlation with market (DOW)|
β = -0.3042
Lazard EM TotRet Technical Analysis
Lazard EM Projected Return Density Against MarketAssuming 30 trading days horizon, Lazard EM TotRet Dbt Retl EUR Hdg Acc has beta of -0.3042 suggesting as returns on benchmark increase, returns on holding Lazard EM are expected to decrease at a much smaller rate. During bear market, however, Lazard EM TotRet Dbt Retl EUR Hdg Acc is likely to outperform the market. Additionally, Lazard EM TotRet Dbt Retl EUR Hdg Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Lazard EM Return VolatilityLazard EM TotRet Dbt Retl EUR Hdg Acc accepts 1.2915% volatility on return distribution over the 30 days horizon. DOW inherits 1.0404% risk (volatility on return distribution) over the 30 days horizon.