Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Momentum Rank : 8 (As of May. 05, 2024)

View and export this data going back to 2004. Start your Free Trial

What is Lazard Global Total Return & Fd Momentum Rank?

Lazard Global Total Return & Fd has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Lazard Global Total Return & Fd's Momentum Rank

For the Asset Management subindustry, Lazard Global Total Return & Fd's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lazard Global Total Return & Fd's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Lazard Global Total Return & Fd's Momentum Rank falls into.

Lazard Global Total Return & Fd Momentum Rank Related Terms

Thank you for viewing the detailed overview of Lazard Global Total Return & Fd's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lazard Global Total Return & Inc Fd Inc (NYSE:LGI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Rockefeller Plaza, 57th Floor, New York, NY, USA, 10112

Website

https://www.lazardassetmanagement.com

Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investment consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.

Executives

Christopher Snively	officer: Chief Financial Officer	C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Evan L Russo	director	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Nargis Hilal	officer: Chief Compliance Officer	C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Andrew Lacey	other: Deputy Chairman of LAM (1)
Christina M. Kennedy	officer: Assistant Treasurer	C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Jessica A Falzone	officer: Assistant Secretary	C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
William B Rosenberg	other: See comment*	C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ronald Temple	other: Portfolio manager of issuer	C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Shari L. Soloway	officer: Assistant Secretary	C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mark Richard Anderson	officer: Chief Compliance Officer	C/O LAZARD MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Franci J Blassberg	director	C/O DEBEVOISE & PLIMPTON LLP, 919 THIRD AVENUE, NEW YORK NY 10022
Tamar Goldstein	officer: Interim CCO & Asst. Secy(1)	30 ROCKEFELLER PLAZA, NEW YORK NY 10112-6300
Trevor William Morrison	director	40 WASHINGTON SQUARE SOUTH, 406D, NEW YORK NY 10012
Barnaby Wilson	other: Portfolio manager of issuer	C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Louis Florentin-lee	other: Portfolio manager of issuer	C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112