The fund secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Legg Mason are completely uncorrelated. 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 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days Legg Mason WA US High Yield B Acc has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, Legg Mason is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||146.5600|
|Fifty Two Week High||146.5600|
|Annual Report Expense Ratio||1.69%|
Legg Mason WA Relative Risk vs. Return Landscape
If you would invest (100.00)
in Legg Mason WA US High Yield B Acc on May 25, 2019
and sell it today you would earn a total of 100.00
from holding Legg Mason WA US High Yield B Acc or generate -100.0%
return on investment over 30
days. Legg Mason WA US High Yield B Acc is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Legg Mason and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Legg Mason Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average Legg Mason is performing at about 0% 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