LAZARD GLOBAL Variance
| GESIXDelisted Fund | | | USD 19.17 0.00 0.00% |
The Variance indicator for LAZARD GLOBAL is constructed from normalized market data. Some instruments may report limited inputs depending on trading history.
Risk vs Return Analysis provides context for diversified portfolio design. All values are based on available data and provided as reference information. Broader economic conditions can influence Lazard Global Equity's mutual fund valuation — related indicators include
signals in gross domestic product.
Lazard Global Equity has current Variance of 0.3674. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.3674 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Lazard Global Equity is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
8.02 of Maximum Drawdown per Variance. At
8.02 , Lazard Global Equity's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Other Technical Indicators