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 QS Invs MultiAsst US Bal EAcc Mean Deviation of 0.1284 and Risk Adjusted Performance of 0.0042 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
60 Days Market Risk
Chance of Distress in 24 months
60 Days Economic Sensitivity
|Horizon||30 Days Login to change|
Legg Mason Market Sensitivity
|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. 2 Months Beta |Analyze Legg Mason QS Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = -0.0975
Legg Mason Central Daily Price Deviation
Legg Mason QS Technical Analysis
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Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason QS Invs MultiAsst US Bal EAcc has beta of -0.0975 . This indicates as returns on benchmark increase, returns on holding Legg Mason are expected to decrease at a much smaller rate. During bear market, however, Legg Mason QS Invs MultiAsst US Bal EAcc is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Legg Mason QS is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.0035|
|Beta against DOW||=||0.1|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6902% risk (volatility on return distribution) over the 30 days horizon.
Legg Mason Investment Opportunity
DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Legg Mason QS Invs MultiAsst US Bal EAcc. 0% 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 QS Invs MultiAsst US Bal EAcc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason QS Invs MultiAsst US Bal EAcc to protect your portfolios against small markets fluctuations. The fund experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Legg Mason to be traded at $94.77 in 30 days. . 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.
Legg Mason correlation with market
Legg Mason Current Risk Indicators
|Risk Adjusted Performance||0.0042|
|Market Risk Adjusted Performance||0.0495|
|Coefficient Of Variation||7614.7|
Legg Mason Suggested Diversification Pairs