Legg Mason (Ireland) Manager Performance Evaluation

F00000Q6KK -- Ireland Fund  

USD 91.33  0.24  0.26%

The fund secures Beta (Market Risk) of -0.0244 which conveys that 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.. Even though it is essential to pay attention to Legg Mason WA price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Legg Mason exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Legg Mason WA Relative Risk vs. Return Landscape

If you would invest  9,251  in Legg Mason WA Emerg Mkts CorpBdLMInc on November 13, 2018 and sell it today you would lose (118.00)  from holding Legg Mason WA Emerg Mkts CorpBdLMInc or give up 1.28% of portfolio value over 30 days. Legg Mason WA Emerg Mkts CorpBdLMInc is generating negative expected returns and assumes 0.7364% volatility on return distribution over the 30 days horizon. Simply put, 6% of equities are less volatile than Legg Mason WA Emerg Mkts CorpBdLMInc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Legg Mason WA Emerg Mkts CorpBdLMInc is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.78 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly -0.06 of returns per unit of risk over similar time horizon.

Legg Mason Current Valuation

Not valued
December 13, 2018
91.33
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Legg Mason is Unknown risk asset. Legg Mason WA last-minute Real Value cannot be determined due to lack of data. The latest price of Legg Mason WA is $91.33. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Legg Mason WA from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

Legg Mason Market Risk Analysis

Sharpe Ratio = -0.5774
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Legg Mason Relative Performance Indicators

Estimated Market Risk
 0.74
  actual daily
 
 6 %
of total potential
 
6
Expected Return
 -0.43
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.58
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average Legg Mason is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Legg Mason by adding it to a well-diversified portfolio.

Legg Mason Performance Rating

Legg Mason WA Emerg Mkts CorpBdLMInc Risk Adjusted Performance Analysis

0

Risk-Adjusted Fund Performance

Over the last 30 days Legg Mason WA Emerg Mkts CorpBdLMInc has generated negative risk-adjusted returns adding no value to fund investors.

Legg Mason Alerts

Equity Alerts and Improvement Suggestions

Legg Mason WA is not yet fully synchronised with the market data
Legg Mason WA generates negative expected return over the last 30 days
The fund retains about 23.93% of its assets under management (AUM) in cash

Legg Mason Performance Indicators

Legg Mason WA Basic Price Performance Measures

Annual Report Expense Ratio0.15%
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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