Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

F00000WAFA -- Ireland Fund  

GBp 10,431  16.00  0.15%

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 X GBP Acc Hdg 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 BW Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Legg Mason has beta of 0.0027 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 X GBP Acc Hdg will be expected to be much smaller as well. Furthermore, Legg Mason BW Glb Fxd Inc X GBP Acc HdgIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.00
β
Beta against DOW=0.0027
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

Actual Return Volatility

Legg Mason BW Glb Fxd Inc X GBP Acc Hdg accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.6405% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

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Investment Outlook

Legg Mason Investment Opportunity
DOW has a standard deviation of returns of 0.64 and is 9.223372036854776E16 times more volatile than Legg Mason BW Glb Fxd Inc X GBP Acc Hdg. 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 X GBP Acc Hdg is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason BW Glb Fxd Inc X GBP Acc Hdg to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Legg Mason to be traded at p;10952.55 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 X GB and equity matching DJI index in the same portfolio.

Legg Mason Current Risk Indicators

Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.