Legg Mason (Ireland) Risk Analysis And Volatility

IE00B4Y6FH34 -- Ireland Fund  

USD 101.74  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 Glb Ble Chp Bd B USD Inc M Risk Adjusted Performance of (0.08) and Mean Deviation of 0.0774 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 WA Demand Trend
Check current 30 days Legg Mason correlation with market (DOW)
β = 0.0293

Legg Mason Central Daily Price Deviation

Legg Mason WA Technical Analysis

Transformation
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Legg Mason Projected Return Density Against Market

Assuming 30 trading days horizon, Legg Mason has beta of 0.0293 . This indicates 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 WA Glb Ble Chp Bd B USD Inc M will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Legg Mason WA is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0081
β
Beta against DOW=0.0293
σ
Overall volatility
=0.00
Ir
Information ratio =0.22

Legg Mason Return Volatility

the fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9746% 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 1.97 and is 9.223372036854776E16 times more volatile than Legg Mason WA Glb Ble Chp Bd B USD Inc M. 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 Glb Ble Chp Bd B USD Inc M is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason WA Glb Ble Chp Bd B USD Inc M to protect your portfolios 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 $100.72 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

correlation synergy
Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Legg Mason WA Glb Ble Chp Bd B and equity matching DJI index in the same portfolio.

Legg Mason Volatility Indicators

Legg Mason WA Glb Ble Chp Bd B USD Inc M Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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