The fund secures Beta (Market Risk) of 0.1614 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 extremely important to respect Legg Mason MC price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Legg Mason MC technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Risk-Adjusted Fund PerformanceOver the last 30 days Legg Mason MC Jpn Abs Alpha A USD Acc has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Legg Mason is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||119.3300|
|Fifty Two Week High||123.4400|
|Horizon||30 Days Login to change|
Legg Mason MC Relative Risk vs. Return LandscapeIf you would invest 10,686 in Legg Mason MC Jpn Abs Alpha A USD Acc on May 26, 2019 and sell it today you would earn a total of 0.00 from holding Legg Mason MC Jpn Abs Alpha A USD Acc or generate 0.0% return on investment over 30 days. Legg Mason MC Jpn Abs Alpha A USD Acc is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Legg Mason and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Legg Mason Current Valuation
June 25, 2019
Legg Mason is Unknown risk asset. Legg Mason MC last-minute Real Value cannot be determined due to lack of data. The latest price of Legg Mason MC is $106.86. Based on Macroaxis valuation methodology, the organization cannot be evaluated at this time. Macroaxis essentially forecasts value of Legg Mason MC from analyzing the organization technical indicators and 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 = 0.0