Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

F00000NE4W -- Ireland Fund  

EUR 125.73  0.52  0.41%

Our philosophy towards estimating volatility of a fund is to use all available market data together with company 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 0.4912 and Risk Adjusted Performance of 0.23 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Legg Mason Market Sensitivity

As returns on market increase, Legg Mason returns are expected to increase less than the market. However during bear market, the loss on holding Legg Mason will be expected to be smaller as well.
One Month Beta |Analyze Legg Mason BW Demand Trend
Check current 30 days Legg Mason correlation with market (DOW)
β = 0.1096
Legg Mason Small BetaLegg Mason BW Beta Legend

Legg Mason BW Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Legg Mason has beta of 0.1096 suggesting as returns on market go up, Legg Mason average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Legg Mason BW Glb Fxd Inc Prem Acc HgAH will be expected to be much smaller as well. Additionally, Legg Mason BW Glb Fxd Inc Prem Acc HgAH 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
=0.33
β
Beta against DOW=0.11
σ
Overall volatility
=0.00
Ir
Information ratio =0.49

Actual Return Volatility

Legg Mason BW Glb Fxd Inc Prem Acc HgAH accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5506% 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 0.55 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 protect against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Legg Mason to be traded at €124.47 in 30 days. As returns on market increase, Legg Mason returns are expected to increase less than the market. However during bear market, the loss on holding Legg Mason will be expected to be smaller as well.

Legg Mason correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Legg Mason BW Glb Fxd Inc Prem and equity matching DJI index in the same portfolio.
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