|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.One Month Beta |Analyze Legg Mason QS Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = -0.0399
Legg Mason QS Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason QS Invs MultiAsst Perf E has beta of -0.0399 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 QS Invs MultiAsst Perf E is likely to outperform the market. Additionally, Legg Mason QS Invs MultiAsst Perf E 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
Legg Mason Return VolatilityLegg Mason QS Invs MultiAsst Perf E accepts 0.74% volatility on return distribution over the 30 days horizon. DOW inherits 1.0678% risk (volatility on return distribution) over the 30 days horizon.