LAZARD INTERNATIONAL Total Risk Alpha

LISOX Fund  USD 13.31  0.16  1.22%   
Observed values used to calculate the Total Risk Alpha technical indicator for Lazard International Strategic. Additional screening context is available through Equity Screeners.
Lazard International Strategic has current Total Risk Alpha of 0.0412. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0412
ER[a] = Expected return on investing in LAZARD INTERNATIONAL
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on LAZARD INTERNATIONAL
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

LAZARD INTERNATIONAL Total Risk Alpha Peers Comparison

LAZARD Total Risk Alpha Relative To Other Indicators

Lazard International Strategic is rated below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about 108.76 of Maximum Drawdown per Total Risk Alpha. At 108.76 , Lazard International Strategic's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare LAZARD INTERNATIONAL to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas