Legg Mason (Ireland) Manager Performance Evaluation

IE00BHBFD473 -- Ireland Fund  

USD 103.80  1.66  1.57%

The fund secures Beta (Market Risk) of -0.1308 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.. Even though it is essential to pay attention to Legg Mason WA price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Legg Mason exposes twenty-one different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

Legg Mason WA Relative Risk vs. Return Landscape

If you would invest  10,546  in Legg Mason WA Macro Opps Bd E on June 18, 2018 and sell it today you would lose (166.00)  from holding Legg Mason WA Macro Opps Bd E or give up 1.57% of portfolio value over 30 days. Legg Mason WA Macro Opps Bd E is generating negative expected returns and assumes 0.7871% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than Legg Mason WA Macro Opps Bd E and 99% 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 WA Macro Opps Bd E is expected to under-perform the market. In addition to that, the company is 1.25 times more volatile than its market benchmark. It trades about -0.5 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

Legg Mason Current Valuation

Not valued
July 18, 2018
103.80
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Legg Mason is Unknown risk asset. Legg Mason WA last-minute Real Value cannot be determined due to lack of data. The latest price of Legg Mason WA is $103.8. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. We determine the value of Legg Mason WA 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
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsIE00BHBFD473

Legg Mason Relative Performance Indicators

Estimated Market Risk
 0.79
  actual daily
 
 93 %
of total potential
  
Expected Return
 -0.39
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.5
  actual daily
 
 1 %
of total potential
  
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 portfolio.

Performance Rating

Legg Mason WA Macro Opps Bd E Risk Adjusted Performance Analysis
0 

Risk-Adjusted Fund Performance

Over the last 30 days Legg Mason WA Macro Opps Bd E has generated negative risk-adjusted returns adding no value to fund investors.

Legg Mason Alerts

Equity Alerts and Improvement Suggestions
Legg Mason WA generates negative expected return over the last 30 days
The fund retains about 65.54% of its assets under management (AUM) in cash
Please also check Risk vs Return Analysis. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.