|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.One Month Beta |Analyze Legg Mason BW Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = -0.3142
Legg Mason BW Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason BW Glbl Dyn US Eq A USD Acc has beta of -0.3142 . 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 BW Glbl Dyn US Eq A USD Acc is likely to outperform the market. Additionally, Legg Mason BW Glbl Dyn US Eq A USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Legg Mason Return VolatilityLegg Mason BW Glbl Dyn US Eq A USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.3801% risk (volatility on return distribution) over the 30 days horizon.