Legg Mason (Ireland) Risk Analysis And Volatility |
| IE00BYXTYB06 -- Ireland Fund | USD 106.86 0.26 0.24% |
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
Transformation |
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Legg Mason Projected Return Density Against Market
Assuming 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.α | Alpha over DOW | = | 0.09 | |
β | Beta against DOW | = | 0.12 | |
σ | Overall volatility | = | 0.00 | |
Ir | Information ratio | = | 0.1 |
Legg Mason Return Volatility
the 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.Market Risk Breakdown
Legg Mason Volatility Factors
Investment Outlook
Legg Mason Investment Opportunity
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
Good diversificationOverlapping area represents the amount of risk that can be diversified away by holding Legg Mason MC Jpn Abs Alpha A and equity matching DJI index in the same portfolio.
Legg Mason Volatility Indicators
Legg Mason MC Jpn Abs Alpha A USD Acc Current Risk Indicators
| Risk Adjusted Performance | (0.09) | ||
| Market Risk Adjusted Performance | 0.8017 | ||
| Mean Deviation | 0.8745 | ||
| Coefficient Of Variation | (1,918) | ||
| Standard Deviation | 1.67 | ||
| Variance | 2.77 | ||
| Information Ratio | (0.10) |
Legg Mason Pair Correlation
Legg Mason Suggested Diversification Pairs
Please also check Risk vs Return Analysis. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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