Lazard Real Correlations

Mutual Funds . USA . 
Fund . Lazard Real Assets
RALOX Fund  USD 10.69  0.06  0.56%   
The current 90-days correlation between Lazard Real Assets and Lazard International Quality is -0.25 (i.e., Very good diversification). The correlation of Lazard Real 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 Real Correlation With Market

Modest diversification

The correlation between Lazard Real Assets and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lazard Real Assets and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Lazard Real Assets. 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 persons.

Moving together with Lazard Mutual Fund

  0.62LZEMX Lazard Emerging MarketsPairCorr
  0.94LZHYX Lazard Corporate IncomePairCorr
  0.62LZIEX Lazard InternationalPairCorr
  0.62LZIOX Lazard InternationalPairCorr
  0.94LZHOX Lazard Corporate IncomePairCorr
  0.93LZISX Lazard InternationalPairCorr
  0.94LZOEX Lazard Emerging MarketsPairCorr
  0.88LZSIX Lazard InternationalPairCorr
  0.89GESIX Lazard Global EquityPairCorr
  0.89GESOX Lazard Global EquityPairCorr
  0.81LZSCX Lazard Small MidPairCorr
  0.91LZUSX Lazard Strategic EquityPairCorr
  0.61LISIX Lazard InternationalPairCorr
  0.61LISOX Lazard InternationalPairCorr
  0.88SUSTX Lazard Sustainable EquityPairCorr
  0.87SUSLX Lazard Sustainable EquityPairCorr
  0.83UMNIX Lazard Short DurationPairCorr
  0.81UMNOX Lazard Short DurationPairCorr
  0.96RALIX Lazard Real AssetsPairCorr
  1.0RALYX Lazard Real AssetsPairCorr
  0.86RCMPX Lazard InternationalPairCorr
  0.75RUSRX Lazard Systematic SmallPairCorr
  0.93ECEOX Lazard Emerging MarketsPairCorr
  0.93ECEIX Lazard Emerging MarketsPairCorr
  0.93READX Lazard Emerging MarketsPairCorr
  0.85ICMPX Lazard InternationalPairCorr
  0.78IEAIX Lazard InternationalPairCorr
  0.91CONIX Columbia Global TechPairCorr

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 Real 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 Real'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.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
OCMPX  0.53  0.18  0.04 (1.23) 0.50 
(0.59)
 1.23 
(1.22)
 3.81 
LZCOX  0.98  0.25  0.10 (4.37) 0.96 
(1.13)
 2.37 
(1.90)
 7.55 
LZFOX  0.54  0.11 (0.05)(0.59) 0.64 
(0.61)
 1.28 
(1.05)
 3.65 
LZEMX  0.47  0.26  0.18 (3.66) 0.00 
(0.56)
 1.54 
(0.66)
 4.03 
LZESX  0.52  0.20  0.08 (2.15) 0.33 
(0.62)
 1.08 
(1.13)
 3.44 
LZFIX  0.54  0.11 (0.05)(0.56) 0.67 
(0.60)
 1.28 
(1.05)
 3.75 
LZHYX  0.16  0.06 (0.31) 0.51  0.00 
(0.21)
 0.56 
(0.17)
 1.17 
LZIEX  0.53  0.20  0.07 (1.54) 0.34 
(0.61)
 1.22 
(1.05)
 3.25 
LZIOX  0.53  0.20  0.07 (1.54) 0.35 
(0.61)
 1.20 
(1.04)
 3.24 
LZHOX  0.16  0.06 (0.30) 0.51  0.00 
(0.21)
 0.54 
(0.16)
 1.22 

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