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 MC Jpn Abs Alpha A USD Acc Risk Adjusted Performance of
(0.09) and Mean Deviation of 0.8745 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
|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 MC Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = -0.1223
Legg Mason Central Daily Price Deviation
Legg Mason MC Technical Analysis
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Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason MC Jpn Abs Alpha A USD Acc has beta of -0.1223 . 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 MC Jpn Abs Alpha A USD Acc 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 MC is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.12|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.9 and is 9.223372036854776E16 times more volatile than Legg Mason MC Jpn Abs Alpha A USD Acc. 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 MC Jpn Abs Alpha A USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason MC Jpn Abs Alpha A USD Acc to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend and little activity. Check odds of Legg Mason to be traded at $105.79 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