Lazard Global Correlations

Mutual Funds . USA . 
Fund . Lazard Global Listed
GLIFX Fund  USD 18.04  0.09  0.50%   
The current 90-days correlation between Lazard Global Listed and Lazard Global Listed is 1.0 (i.e., No risk reduction). The correlation of Lazard Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Lazard Global Correlation With Market

Very good diversification

The correlation between Lazard Global Listed and DJI is -0.4 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lazard Global Listed and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Lazard Global Listed. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Lazard Mutual Fund

  0.9OCMPX Lazard InternationalPairCorr
  0.71LZCOX Lazard Small MidPairCorr
  0.81LZFOX Lazard Equity FranchisePairCorr
  0.88LZEMX Lazard Emerging MarketsPairCorr
  0.93LZESX Lazard InternationalPairCorr
  0.81LZFIX Lazard Equity FranchisePairCorr
  0.88LZHYX Lazard Corporate IncomePairCorr
  0.94LZIEX Lazard InternationalPairCorr
  0.94LZIOX Lazard InternationalPairCorr
  0.63LZHOX Lazard Corporate IncomePairCorr
  0.69LZISX Lazard InternationalPairCorr
  0.63LZOEX Lazard Emerging MarketsPairCorr
  0.63LZSIX Lazard InternationalPairCorr
  0.93LZSMX Lazard InternationalPairCorr
  0.64GESIX Lazard Global EquityPairCorr
  0.87LZUOX Lazard Strategic EquityPairCorr
  0.66LZUSX Lazard Strategic EquityPairCorr
  0.93LISIX Lazard InternationalPairCorr
  0.94LISOX Lazard InternationalPairCorr
  0.88SUSLX Lazard Sustainable EquityPairCorr
  0.63ECEIX Lazard Emerging MarketsPairCorr
  0.65READX Lazard Emerging MarketsPairCorr
  1.0GLFOX Lazard Global ListedPairCorr
  0.71IEAIX Lazard InternationalPairCorr
  0.84CONOX Lazard FundsPairCorr
  0.62CONIX Columbia Global TechPairCorr
  0.91LCAIX Lazard Capital AllocatorPairCorr
  0.91LCAOX Lazard Capital AllocatorPairCorr
  0.62LUSIX Lazard FundsPairCorr
  0.64LDMOX Lazard Developing MarketsPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Lazard Mutual Fund performing well and Lazard Global Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lazard Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY