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.
|Horizon||30 Days Login to change|
Legg Mason WA Relative Risk vs. Return LandscapeIf you would invest 0.00 in Legg Mason WA US Core Bd LM Acc Hg on February 20, 2019 and sell it today you would earn a total of 0.00 from holding Legg Mason WA US Core Bd LM Acc Hg or generate 0.0% return on investment over 30 days. Legg Mason WA US Core Bd LM Acc Hg 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
Risk-Adjusted Fund PerformanceOver the last 30 days Legg Mason WA US Core Bd LM Acc Hg has generated negative risk-adjusted returns adding no value to fund investors.