|Horizon||30 Days Login to change|
Legg Mason Market Sensitivity
Legg Mason WA Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason WA Global Credit A Acc USD has beta of -0.1176 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 Global Credit A Acc USD is likely to outperform the market. Moreover, Legg Mason WA Global Credit A Acc USD has an alpha of 0.0276 implying that it can potentially generate 0.0276% excess return over DOW after adjusting for the inherited market risk (beta).
Legg Mason Return VolatilityLegg Mason WA Global Credit A Acc USD accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.2203% risk (volatility on return distribution) over the 30 days horizon.