|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 E USD Acc has beta of -0.1066 . 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 E USD Acc is likely to outperform the market. Moreover, Legg Mason MC Jpn Abs Alpha E USD Acc has an alpha of 0.0029 implying that it can potentially generate 0.0029% excess return over DOW after adjusting for the inherited market risk (beta).
Legg Mason Return VolatilityLegg Mason MC Jpn Abs Alpha E USD Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3082% risk (volatility on return distribution) over the 30 days horizon.