Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

F0000020NB -- Ireland Fund  

USD 75.75  0.06  0.08%

Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Legg Mason which you can use to evaluate future volatility of the organization. Please verify Legg Mason QS Emerging Makts Eq C Acc Mean Deviation of 1.11 and Risk Adjusted Performance of 0.09 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
Horizon     30 Days    Login   to change

Legg Mason Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Legg Mason will likely underperform.
One Month Beta |Analyze Legg Mason QS Demand Trend
Check current 30 days Legg Mason correlation with market (DOW)
β = 1.8782
Legg Mason Large BetaLegg Mason QS Beta Legend

Legg Mason QS Technical Analysis

Transformation
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Legg Mason Projected Return Density Against Market

Assuming 30 trading days horizon, the fund has beta coefficient of 1.8782 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Legg Mason will likely underperform. Additionally, Legg Mason QS Emerging Makts Eq C Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.66
β
Beta against DOW=1.88
σ
Overall volatility
=0.00
Ir
Information ratio =0.29

Legg Mason Return Volatility

Legg Mason QS Emerging Makts Eq C Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4208% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Legg Mason Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Legg Mason Investment Opportunity

DOW has a standard deviation of returns of 0.42 and is 9.223372036854776E16 times more volatile than Legg Mason QS Emerging Makts Eq C Acc. 0% of all equities and portfolios are less risky than Legg Mason. Compared to the overall equity markets, volatility of historical daily returns of Legg Mason QS Emerging Makts Eq C Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason QS Emerging Makts Eq C Acc to protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Legg Mason to be traded at $74.99 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Legg Mason will likely underperform.

Legg Mason correlation with market

Weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Legg Mason QS Emerging Makts E and equity matching DJI index in the same portfolio.

Legg Mason Volatility Indicators

Legg Mason QS Emerging Makts Eq C Acc Current Risk Indicators

Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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