LAZARD INTERNATIONAL Total Risk Alpha
| LZIEX Fund | | | USD 18.63 0.31 1.69% |
The Total Risk Alpha indicator for LAZARD INTERNATIONAL is constructed from normalized market data. Related indicator context is organized within
Equity Screeners.
Correlation Analysis provides context for diversified portfolio design. Diversification analysis considers the interaction of positions within a portfolio. Tracking Lazard International Equity in a portfolio helps measure its contribution to overall performance. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Lazard International Equity's mutual fund valuation — related indicators include
signals in median.
Lazard International Equity has current Total Risk Alpha of 0.0765. 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] |
| = | 0.0765 | |
| 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 |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Lazard International Equity is rated
below average in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
70.35 of Maximum Drawdown per Total Risk Alpha. At
70.35 , Lazard International Equity'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
Other Technical Indicators