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 E USD Acc Risk Adjusted Performance of
(0.08) and Mean Deviation of 0.5751 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, 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. 2 Months Beta |Analyze Legg Mason MC Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = 0.2756
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 has beta of 0.2756 . This indicates as returns on market go up, Legg Mason average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Legg Mason MC Jpn Abs Alpha E USD Acc will be expected to be much smaller as well. 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||=||0.19|
|Beta against DOW||=||0.28|
Legg Mason Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 0.6883% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than Legg Mason MC Jpn Abs Alpha E 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 E USD Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason MC Jpn Abs Alpha E 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 $103.68 in 30 days. . 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.
Legg Mason correlation with market