Lazard EM (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B4P2Z363 -- Ireland Fund  

    EUR 79.27  0.60  0.75%

    Lazard EM probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lazard EM TotRet Dbt Instl B EUR Hdg performance during a given time horizon utilizing its historical volatility. Please specify Lazard EM time horizon, a valid symbol (red box) and a target price (blue box) you would like Lazard EM odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Lazard EM Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     79.27 30 days 79.27  ABOUT 21.95%
    Based on normal probability distribution, the odds of Lazard EM to move above current price in 30 days from now is about 21.95% (This Lazard EM TotRet Dbt Instl B EUR Hdg probability density function shows the probability of Lazard EM Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Lazard EM TotRet Dbt Instl B EUR Hdg has beta of -0.2122 . This indicates 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 Instl B EUR Hdg is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Lazard EM TotRet is significantly underperforming DOW.
     Lazard EM Price Density 
          Price 
    α
    Alpha over DOW
    =0.19
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =46.14
    Ir
    Information ratio =0.24

    Lazard EM Alerts and Suggestions

    Lazard EM TotRet is not yet fully synchronised with the market data
    The fund retains about 19.28% of its assets under management (AUM) in cash

    Lazard EMPrice Density Drivers

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