Legg Mason (Ireland) Technical Analysis Overview

IE00BYXTYB06 -- Ireland Fund  

USD 115.72  1.09  0.93%

Legg Mason MC Jpn Abs Alpha A USD Acc secures Mean Deviation of 0.2006 and Risk Adjusted Performance of 0.22. Legg Mason MC Jpn Abs Alpha A USD Acc technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the organization future prices. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Legg Mason which can be compared to its peers in the industry. Please verify Legg Mason MC Downside Deviation and the relationship between Coefficient Of Variation and VarianceDownside Deviation, Standard Deviation, Information Ratio, as well as the relationship between Coefficient Of Variation and Variance to decide if Legg Mason MC Jpn Abs Alpha A USD Acc is priced some-what accurately providing market reflects its recent price of 115.72 per share.
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Legg Mason MC Technical Analysis

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The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Legg Mason MC volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Legg Mason MC Trend Analysis

Use this graph to draw trend lines for Legg Mason MC Jpn Abs Alpha A USD Acc. You can use it to identify possible trend reversals for Legg Mason as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Legg Mason price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Legg Mason Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Legg Mason MC Jpn Abs Alpha A USD Acc applied against its price change over selected period. The best fit line has a slop of 0.43 % which may suggest that Legg Mason MC Jpn Abs Alpha A USD Acc market price will keep on failing further. It has 34 observation points and a regression sum of squares at 151.31, which is the sum of squared deviations for the predicted Legg Mason price change compared to its average price change.

Current Sentiment - IE00BYXTYB06

Legg Mason MC Investor Sentiment
Macroaxis portfolio users are indifferent in their judgment towards investing in Legg Mason MC Jpn Abs Alpha A USD Acc. What is your trading attitude regarding investing in Legg Mason MC Jpn Abs Alpha A USD Acc? Are you bullish or bearish?
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Legg Mason July 20, 2018 Daily Price Condition

Please also check Risk vs Return Analysis. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.