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 RY US Smlr Coms E Acc Mean Deviation of 1.11 and Risk Adjusted Performance of
(0.09) 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 RY Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = 0.1958
Legg Mason Central Daily Price Deviation
Legg Mason RY 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 0.1958 . 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 RY US Smlr Coms E Acc 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 RY is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.3|
|Beta against DOW||=||0.20|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6634% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 0.66 and is 9.223372036854776E16 times more volatile than Legg Mason RY US Smlr Coms E Acc. 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 RY US Smlr Coms E Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason RY US Smlr Coms E Acc to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Legg Mason to be traded at $146.8 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