|IE00BQ1YBT81 -- Ireland Fund|| |
EUR 93.54 0.19 0.20%
The fund secures Beta (Market Risk) of 0.0188 which conveys that as returns on market increase, Legg Mason returns are expected to increase less than the market. However during bear market, the loss on holding Legg Mason will be expected to be smaller as well.. Although it is essential to pay attention to Legg Mason CB price patterns
, it is also good to be reasonable about what you can actually do with equity historical price patterns
. Macroaxis philosophy towards estimating future performance of any fund is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators
. To evaluate if Legg Mason expected return of 1.5163 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable.