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 BW Glb Fxd Inc Prem Acc HgAH Mean Deviation of 0.4322 and Risk Adjusted Performance of
(0.22) to check out if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
Moves indifferently to market moves
|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. 2 Months Beta |Analyze Legg Mason BW Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = -0.1023
Legg Mason Central Daily Price Deviation
Legg Mason BW Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason BW Glb Fxd Inc Prem Acc HgAH has beta of -0.1023 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 BW Glb Fxd Inc Prem Acc HgAH is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Legg Mason BW is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.2|
|Beta against DOW||=||0.1|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6548% risk (volatility on return distribution) over the 30 days horizon.
Legg Mason Investment Opportunity
DOW has a standard deviation of returns of 0.65 and is 9.223372036854776E16 times more volatile than Legg Mason BW Glb Fxd Inc Prem Acc HgAH. 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 BW Glb Fxd Inc Prem Acc HgAH is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason BW Glb Fxd Inc Prem Acc HgAH to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Legg Mason to be traded at 130.24 in 30 days. . 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.
Legg Mason correlation with market
Legg Mason Current Risk Indicators
|Risk Adjusted Performance||(0.22)|
|Market Risk Adjusted Performance||2.13|
|Coefficient Of Variation||(302.21)|
Legg Mason Suggested Diversification Pairs