Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

IE00BQQPSQ26 -- Ireland Fund  

USD 104.89  1.24  1.17%

Macroaxis considers Legg Mason to be unknown risk. Legg Mason QS has Sharpe Ratio of -0.5 which conveys that Legg Mason QS had -0.5% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Legg Mason exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Legg Mason QS Invs MultiAsst US Bal EAcc to check out risk estimate we provide.
Horizon     30 Days    Login   to change

Legg Mason QS Technical Analysis

We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Legg Mason Projected Return Density Against Market

Assuming 30 trading days horizon, Legg Mason has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Legg Mason are completely uncorrelated. Furthermore, Legg Mason QS Invs MultiAsst US Bal EAccIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of Legg Mason is -200.0. The daily returns are destributed with a variance of 0.41 and standard deviation of 0.64. The mean deviation of Legg Mason QS Invs MultiAsst US Bal EAcc is currently at 0.48. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Legg Mason Return Volatility

Legg Mason QS Invs MultiAsst US Bal EAcc accepts 0.64% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

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


Investment Outlook

Legg Mason Investment Opportunity

DOW has a standard deviation of returns of 1.06 and is 1.66 times more volatile than Legg Mason QS Invs MultiAsst US Bal EAcc. 5% 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 5 (%) of all global equities and portfolios over the last 30 days.

Legg Mason Volatility Indicators

Legg Mason QS Invs MultiAsst US Bal EAcc Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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