Legg Mason Bw Fund Probability of Future Mutual Fund Price Finishing Over 18.17

LBDRX Fund  USD 18.17  0.20  1.11%   
Legg Mason's future price is the expected price of Legg Mason instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Legg Mason Bw performance during a given time horizon utilizing its historical volatility. Check out Legg Mason Backtesting, Portfolio Optimization, Legg Mason Correlation, Legg Mason Hype Analysis, Legg Mason Volatility, Legg Mason History as well as Legg Mason Performance.
Please specify Legg Mason's target price for which you would like Legg Mason odds to be computed.

Legg Mason Target Price Odds to finish over 18.17

The tendency of Legg Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 18.17 90 days 18.17 
about 6.51
Based on a normal probability distribution, the odds of Legg Mason to move above the current price in 90 days from now is about 6.51 (This Legg Mason Bw probability density function shows the probability of Legg Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Legg Mason has a beta of 0.22. This indicates as returns on the market go up, Legg Mason average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legg Mason Bw will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Legg Mason Bw is significantly underperforming NYSE Composite.
   Legg Mason Price Density   

Predictive Modules for Legg Mason

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legg Mason Bw. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Legg Mason's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Legg Mason in the context of predictive analytics.
Band Projection (param)
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Legg Mason. Your research has to be compared to or analyzed against Legg Mason's peers to derive any actionable benefits. When done correctly, Legg Mason's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Legg Mason Bw.

Legg Mason Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Legg Mason is not an exception. The market had few large corrections towards the Legg Mason's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Legg Mason Bw, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legg Mason within the framework of very fundamental risk indicators.
Alpha over NYSE Composite
Beta against NYSE Composite0.22
Overall volatility
Information ratio -0.01

Legg Mason Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Legg Mason for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legg Mason Bw can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Legg Mason Bw is unlikely to experience financial distress in the next 2 years
The fund maintains 99.15% of its assets in stocks

Legg Mason Technical Analysis

Legg Mason's future price can be derived by breaking down and analyzing its technical indicators over time. Legg Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legg Mason Bw. In general, you should focus on analyzing Legg Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Legg Mason Predictive Forecast Models

Legg Mason's time-series forecasting models is one of many Legg Mason's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Legg Mason's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Legg Mason Bw

Checking the ongoing alerts about Legg Mason for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legg Mason Bw help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Legg Mason Bw is unlikely to experience financial distress in the next 2 years
The fund maintains 99.15% of its assets in stocks
Check out Legg Mason Backtesting, Portfolio Optimization, Legg Mason Correlation, Legg Mason Hype Analysis, Legg Mason Volatility, Legg Mason History as well as Legg Mason Performance.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Legg Mason's price analysis, check to measure Legg Mason's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legg Mason is operating at the current time. Most of Legg Mason's value examination focuses on studying past and present price action to predict the probability of Legg Mason's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legg Mason's price. Additionally, you may evaluate how the addition of Legg Mason to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Legg Mason's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legg Mason is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legg Mason's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.