LAZARD PAN (Germany) Risk Analysis And Volatility Evaluation

LHZ2 -- Germany ETF  

EUR 1.44  0.027  1.84%

Our approach into estimating volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for LAZARD PAN which you can use to evaluate future volatility of the entity. Please verify LAZARD PAN EUR BDEO Mean Deviation of 1.29 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

LAZARD PAN Market Sensitivity

As returns on market increase, returns on owning LAZARD PAN are expected to decrease at a much smaller rate. During bear market, LAZARD PAN is likely to outperform the market.
2 Months Beta |Analyze LAZARD PAN EUR Demand Trend
Check current 30 days LAZARD PAN correlation with market (DOW)
β = -0.0439

LAZARD PAN Central Daily Price Deviation

LAZARD PAN EUR Technical Analysis

Transformation
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LAZARD PAN Projected Return Density Against Market

Assuming 30 trading days horizon, LAZARD PAN EUR BDEO has beta of -0.0439 indicating as returns on benchmark increase, returns on holding LAZARD PAN are expected to decrease at a much smaller rate. During bear market, however, LAZARD PAN EUR BDEO is likely to outperform the market. Additionally, LAZARD PAN EUR BDEO 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 
      Returns 
α
Alpha over DOW
=0.64
β
Beta against DOW=0.04
σ
Overall volatility
=0.00
Ir
Information ratio =0.24

LAZARD PAN Return Volatility

LAZARD PAN EUR BDEO accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3081% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

LAZARD PAN Investment Opportunity

DOW has a standard deviation of returns of 1.31 and is 9.223372036854776E16 times more volatile than LAZARD PAN EUR BDEO. 0% of all equities and portfolios are less risky than LAZARD PAN. Compared to the overall equity markets, volatility of historical daily returns of LAZARD PAN EUR BDEO is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use LAZARD PAN EUR BDEO to protect against small markets fluctuations. The etf experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of LAZARD PAN to be traded at €1.3968 in 30 days. As returns on market increase, returns on owning LAZARD PAN are expected to decrease at a much smaller rate. During bear market, LAZARD PAN is likely to outperform the market.

LAZARD PAN correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding LAZARD PAN EUR BDEO and equity matching DJI index in the same portfolio.

LAZARD PAN Volatility Indicators

LAZARD PAN EUR BDEO Current Risk Indicators

Please see also Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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