|Horizon||30 Days Login to change|
Legg Mason Market Sensitivity
Legg Mason MC Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason MC Jpn Abs Alpha A USD Acc has beta of -0.0694 . 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. Moreover, Legg Mason MC Jpn Abs Alpha A USD Acc has an alpha of 0.117 implying that it can potentially generate 0.117% excess return over DOW after adjusting for the inherited market risk (beta).
Legg Mason Return VolatilityLegg Mason MC Jpn Abs Alpha A USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.222% risk (volatility on return distribution) over the 30 days horizon.