Our philosophy towards estimating volatility of a fund is to use all available market data together with fund 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 CB US Lg Cp Gr F USD Downside Deviation of 2.45, Mean Deviation of 1.37 and Risk Adjusted Performance of 0.1021 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
Slowly supersedes market
|Horizon||30 Days Login to change|
Legg Mason Market Sensitivity
|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. 2 Months Beta |Analyze Legg Mason CB Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = 0.2931
Legg Mason Central Daily Price Deviation
Legg Mason CB Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason has beta of 0.2931 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 CB US Lg Cp Gr F USD will be expected to be much smaller as well. Moreover, The company has an alpha of 0.3605 implying that it can potentially generate 0.3605% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.36|
|Beta against DOW||=||0.29|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6548% risk (volatility on return distribution) over the 30 days horizon.
Legg Mason Investment Opportunity
DOW has a standard deviation of returns of 0.65 and is 9.223372036854776E16 times more volatile than Legg Mason CB US Lg Cp Gr F USD. 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 CB US Lg Cp Gr F USD is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason CB US Lg Cp Gr F USD to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Legg Mason to be traded at $120.6 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
Legg Mason Current Risk Indicators
|Risk Adjusted Performance||0.1021|
|Market Risk Adjusted Performance||1.38|
|Coefficient Of Variation||693.0|
Legg Mason Suggested Diversification Pairs