|Horizon||30 Days Login to change|
Lazard Global Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|112.40||30 days||112.40||ABOUT 74.09%|
Based on normal probability distribution, the odds of Lazard Global to move above current price in 30 days from now is about 74.09% (This Lazard Global Equity Sel Instl Acc EA probability density function shows the probability of Lazard Global Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Lazard Global Equity Sel Instl Acc EA has beta of -0.5015 . This indicates as returns on benchmark increase, returns on holding Lazard Global are expected to decrease at a much smaller rate. During bear market, however, Lazard Global Equity Sel Instl Acc EA 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 Global Equity is significantly underperforming DOW.
Lazard Global Price Density
|Alpha over DOW||=||1.71|
|Beta against DOW||=||0.5|