|Horizon||30 Days Login to change|
Legg Mason Market Sensitivity
|As returns on market increase, returns on owning Legg Mason are expected to decrease at a much smaller rate. During bear market, Legg Mason is likely to outperform the market.One Month Beta |Analyze Legg Mason WA Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = -0.0265
Legg Mason WA Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason WA EM Ttl Ret Bd Prem Acc has beta of -0.0265 suggesting as returns on benchmark increase, returns on holding Legg Mason are expected to decrease at a much smaller rate. During bear market, however, Legg Mason WA EM Ttl Ret Bd Prem Acc is likely to outperform the market. Additionally, Legg Mason WA EM Ttl Ret Bd Prem 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
Legg Mason Return VolatilityLegg Mason WA EM Ttl Ret Bd Prem Acc accepts 0.1769% volatility on return distribution over the 30 days horizon. DOW inherits 0.4168% risk (volatility on return distribution) over the 30 days horizon.