Legg Mason (Ireland) Manager Performance Evaluation

F00000Q6KK -- Ireland Fund  

USD 92.49  0.21  0.23%

The fund secures Beta (Market Risk) of -0.4208 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.. Although it is extremely important to respect Legg Mason WA price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Legg Mason WA technical indicators you can presently evaluate if the expected return of 0.1136% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Legg Mason WA Relative Risk vs. Return Landscape

If you would invest  9,249  in Legg Mason WA Emerg Mkts CorpBdLMInc on July 22, 2018 and sell it today you would earn a total of  21.00  from holding Legg Mason WA Emerg Mkts CorpBdLMInc or generate 0.23% return on investment over 30 days. Legg Mason WA Emerg Mkts CorpBdLMInc is generating 0.1136% of daily returns and assumes 0.1606% volatility on return distribution over the 30 days horizon. Simply put, 1% of equities are less volatile than Legg Mason WA Emerg Mkts CorpBdLMInc and 98% 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 generate 1.19 times less return on investment than the market. But when comparing it to its historical volatility, the company is 3.52 times less risky than the market. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.24 of returns per unit of risk over similar time horizon.

Legg Mason Current Valuation

Not valued
August 21, 2018
92.49
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 $92.49. 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 = 0.7071
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Legg Mason Relative Performance Indicators

Estimated Market Risk
 0.16
  actual daily
 
 99 %
of total potential
  
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
  
Risk-Adjusted Return
 0.71
  actual daily
 
 46 %
of total potential
  
Based on monthly moving average Legg Mason is performing at about 46% 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.

Performance Rating

Legg Mason WA Emerg Mkts CorpBdLMInc Risk Adjusted Performance Analysis
46 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Legg Mason WA Emerg Mkts CorpBdLMInc are ranked lower than 46 (%) of all funds and portfolios of funds over the last 30 days.

Legg Mason Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 23.93% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.