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 CB 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 CB technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Legg Mason CB Relative Risk vs. Return Landscape
If you would invest 0.00
in Legg Mason CB Tact Div Inc X Inc Me on November 19, 2018
and sell it today you would earn a total of 0.00
from holding Legg Mason CB Tact Div Inc X Inc Me or generate 0.0%
return on investment over 30
days. Legg Mason CB Tact Div Inc X Inc Me 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 CB Tact Div Inc X Inc Me 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
Risk-Adjusted Fund Performance
Over the last 30 days Legg Mason CB Tact Div Inc X Inc Me has generated negative risk-adjusted returns adding no value to fund investors.
|Legg Mason CB is not yet fully synchronised with the market data|
|Legg Mason CB has some characteristics of a very speculative penny stock|
|Legg Mason CB has high likelihood to experience some financial distress in the next 2 years|
|The fund retains about 12.62% of its assets under management (AUM) in cash|