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 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 Mean Deviation of 1.11, Coefficient Of Variation of 429.47 and Risk Adjusted Performance of 0.4541 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|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 = 0.0667
Legg Mason Central Daily Price Deviation
Legg Mason CB Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason has beta of 0.0667 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 0.5454 implying that it can potentially generate 0.5454% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
|Alpha over DOW||=||0.55|
|Beta against DOW||=||0.07|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9504% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.95 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 enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of Legg Mason to be traded at $143.93 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