Legg Mason (Ireland) Manager Performance Evaluation

IE00B9KHL331 -- Ireland Fund  

USD 94.30  1.69  1.82%

The fund secures Beta (Market Risk) of -0.3119 which conveys that 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.. Although it is vital to follow to Legg Mason CB price patterns, it is good to be conservative about what you can actually do with the information regarding 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 0.4562% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

Legg Mason CB Relative Risk vs. Return Landscape

If you would invest  9,261  in Legg Mason CB Tact Div Inc Pre Inc Me on June 20, 2018 and sell it today you would earn a total of  169.00  from holding Legg Mason CB Tact Div Inc Pre Inc Me or generate 1.82% return on investment over 30 days. Legg Mason CB Tact Div Inc Pre Inc Me is generating 0.4562% of daily returns and assumes 0.9125% volatility on return distribution over the 30 days horizon. Simply put, 8% of equities are less volatile than Legg Mason CB Tact Div Inc Pre Inc Me and 92% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Legg Mason CB Tact Div Inc Pre Inc Me is expected to generate 1.53 times more return on investment than the market. However, the company is 1.53 times more volatile than its market benchmark. It trades about 0.5 of its potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of risk.

Legg Mason Current Valuation

Not valued
July 20, 2018
94.30
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Legg Mason is Unknown risk asset. Legg Mason CB last-minute Real Value cannot be determined due to lack of data. The latest price of Legg Mason CB is $94.3. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Legg Mason CB from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.

Legg Mason Market Risk Analysis

Sharpe Ratio = 0.5
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Legg Mason Relative Performance Indicators

Estimated Market Risk
 0.91
  actual daily
 
 92 %
of total potential
  
Expected Return
 0.46
  actual daily
 
 8 %
of total potential
  
Risk-Adjusted Return
 0.5
  actual daily
 
 33 %
of total potential
  
Based on monthly moving average Legg Mason is performing at about 33% 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 portfolio.

Performance Rating

Legg Mason CB Tact Div Inc Pre Inc Me Risk Adjusted Performance Analysis
33 

Risk-Adjusted Fund Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Legg Mason CB Tact Div Inc Pre Inc Me are ranked lower than 33 (%) of all funds and portfolios of funds over the last 30 days.

Legg Mason Alerts

Equity Alerts and Improvement Suggestions
The fund retains about 12.62% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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