Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

IE00BDCRQ675 -- Ireland Fund  

USD 130.55  1.93  1.50%

We consider Legg Mason unknown risk. Legg Mason MC has Sharpe Ratio of 0.0066 which conveys that Legg Mason MC had 0.0066% of return per unit of risk over the last 1 month. 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 MC Asia Lg Trm Uncons F Acc Mean Deviation of 1.14 and Risk Adjusted Performance of 0.001959 to check out if risk estimate we provide are consistent with the epected return of 0.0096%.
Horizon     30 Days    Login   to change

Legg Mason Market Sensitivity

One Month Beta |Analyze Legg Mason MC Demand Trend
Check current 30 days Legg Mason correlation with market (DOW)
β = -0.891
Legg Mason llmost one BetaLegg Mason MC Beta Legend

Legg Mason MC Technical Analysis

Transformation
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Legg Mason Projected Return Density Against Market

Assuming 30 trading days horizon, Legg Mason MC Asia Lg Trm Uncons F Acc has beta of -0.891 . This indicates Moreover, Legg Mason MC Asia Lg Trm Uncons F Acc has an alpha of 0.0858 implying that it can potentially generate 0.0858% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Legg Mason is 15201.21. The daily returns are destributed with a variance of 2.15 and standard deviation of 1.47. The mean deviation of Legg Mason MC Asia Lg Trm Uncons F Acc is currently at 0.76. For similar time horizon, the selected benchmark (DOW) has volatility of 0.45
α
Alpha over DOW
=0.09
β
Beta against DOW=0.89
σ
Overall volatility
=1.47
Ir
Information ratio =0.1

Legg Mason Return Volatility

Legg Mason MC Asia Lg Trm Uncons F Acc accepts 1.4661% volatility on return distribution over the 30 days horizon. DOW inherits 0.4487% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Legg Mason Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Legg Mason Investment Opportunity

Legg Mason MC Asia Lg Trm Uncons F Acc has a volatility of 1.47 and is 3.27 times more volatile than DOW. 13% 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 MC Asia Lg Trm Uncons F Acc is lower than 13 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason MC Asia Lg Trm Uncons F Acc to enhance returns of your portfolios. The fund experiences large bullish trend. Check odds of Legg Mason to be traded at $143.61 in 30 days.

Legg Mason correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Legg Mason MC Asia Lg Trm Unco and equity matching DJI index in the same portfolio.

Legg Mason Volatility Indicators

Legg Mason MC Asia Lg Trm Uncons F Acc Current Risk Indicators

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