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

    IE00BW4NTL20 -- Ireland Fund  

    USD 112.40  3.54  3.05%

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

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =1.71
    β
    Beta against DOW=0.5
    σ
    Overall volatility
    =6.75
    Ir
    Information ratio =0.43

    Lazard Global Alerts

    Lazard Global Alerts and Suggestions

    Lazard Global Equity is not yet fully synchronised with the market data
    Lazard Global Equity generates negative expected return over the last 30 days
    The fund retains all of its assets under management (AUM) in equities

    Price Density Drivers

    Lazard Global Health Indicators

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