Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

IE00B2Q1FJ45 -- Ireland Fund  

SGD 0.80  0.00  0.00%

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 WA Asian Opp A Inc Hg S Mean Deviation of 0.5558 and Risk Adjusted Performance of 0.14 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, 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 WA Demand Trend
Check current 30 days Legg Mason correlation with market (DOW)
β = -0.5044
Legg Mason Almost negative betaLegg Mason WA Beta Legend

Legg Mason WA Technical Analysis

Transformation
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 Market

Assuming 30 trading days horizon, Legg Mason WA Asian Opp A Inc Hg S has beta of -0.5044 . This indicates 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 WA Asian Opp A Inc Hg S is likely to outperform the market. Additionally, Legg Mason WA Asian Opp A Inc Hg S 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 
      Returns 
α
Alpha over DOW
=0.19
β
Beta against DOW=0.5
σ
Overall volatility
=0.00
Ir
Information ratio =0.53

Legg Mason Return Volatility

Legg Mason WA Asian Opp A Inc Hg S accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.4529% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Legg Mason Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Legg Mason Investment Opportunity

DOW has a standard deviation of returns of 0.45 and is 9.223372036854776E16 times more volatile than Legg Mason WA Asian Opp A Inc Hg S. 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 WA Asian Opp A Inc Hg S is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason WA Asian Opp A Inc Hg S to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Legg Mason to be traded at S$0.792 in 30 days. 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.

Legg Mason correlation with market

Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Legg Mason WA Asian Opp A Inc and equity matching DJI index in the same portfolio.

Legg Mason Volatility Indicators

Legg Mason WA Asian Opp A Inc Hg S Current Risk Indicators

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