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 
    Alpha over DOW
    Beta against DOW=0.21
    Overall volatility
    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