Lazard Equity's market value is the price at which a share of Lazard Equity trades on a public exchange. It measures the collective expectations of Lazard Equity Megatrends investors about its performance. Lazard Equity is trading at 30.47 as of the 23rd of July 2025; that is 0.30 percent increase since the beginning of the trading day. The etf's open price was 30.38. With this module, you can estimate the performance of a buy and hold strategy of Lazard Equity Megatrends and determine expected loss or profit from investing in Lazard Equity over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
Symbol
Lazard
Lazard Equity 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lazard Equity's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lazard Equity.
0.00
04/24/2025
No Change 0.00
0.0
In 3 months and 1 day
07/23/2025
0.00
If you would invest 0.00 in Lazard Equity on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Lazard Equity Megatrends or generate 0.0% return on investment in Lazard Equity over 90 days.
Lazard Equity Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lazard Equity's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lazard Equity Megatrends upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lazard Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lazard Equity's standard deviation. In reality, there are many statistical measures that can use Lazard Equity historical prices to predict the future Lazard Equity's volatility.
At this stage we consider Lazard Etf to be very steady. Lazard Equity Megatrends has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Lazard Equity, which you can use to evaluate the volatility of the etf. Please verify Lazard Equity's Downside Deviation of 0.8766, mean deviation of 0.7062, and Risk Adjusted Performance of 0.2106 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. The etf secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lazard Equity are expected to decrease at a much lower rate. During the bear market, Lazard Equity is likely to outperform the market.
Auto-correlation
0.76
Good predictability
Lazard Equity Megatrends has good predictability. Overlapping area represents the amount of predictability between Lazard Equity time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lazard Equity Megatrends price movement. The serial correlation of 0.76 indicates that around 76.0% of current Lazard Equity price fluctuation can be explain by its past prices.
Correlation Coefficient
0.76
Spearman Rank Test
0.64
Residual Average
0.0
Price Variance
0.19
Lazard Equity Megatrends lagged returns against current returns
Autocorrelation, which is Lazard Equity etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lazard Equity's etf expected returns. We can calculate the autocorrelation of Lazard Equity returns to help us make a trade decision. For example, suppose you find that Lazard Equity has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Lazard Equity regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lazard Equity etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lazard Equity etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lazard Equity etf over time.
Current vs Lagged Prices
Timeline
Lazard Equity Lagged Returns
When evaluating Lazard Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lazard Equity etf have on its future price. Lazard Equity autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lazard Equity autocorrelation shows the relationship between Lazard Equity etf current value and its past values and can show if there is a momentum factor associated with investing in Lazard Equity Megatrends.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.