Legg Mason (Ireland) Risk Analysis And Volatility Evaluation

IE00BZ1NPT63 -- Ireland Fund  

GBp 15,246  85.00  0.56%

Our philosophy towards estimating volatility of a fund is to use all available market data together with company 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 CB US Eq SL X GBP Acc Mean Deviation of 1694.84 and Risk Adjusted Performance of 0.1831 to check out if risk estimate we provide are consistent with the epected return of 0.0%.
 Time Horizon     30 Days    Login   to change

Legg Mason Market Sensitivity

As returns on market increase, returns on owning Legg Mason are expected to decrease by larger amounts. On the other hand, during market turmoil, Legg Mason is expected to significantly outperform it.
One Month Beta |Analyze Legg Mason CB Demand Trend
Check current 30 days Legg Mason correlation with market (DOW)
β = -93.644
Legg Mason Large Negative BetaLegg Mason CB Beta Legend

Legg Mason CB Technical Analysis

Transformation
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Projected Return Density Against Market

Assuming 30 trading days horizon, Legg Mason CB US Eq SL X GBP Acc has beta of -93.644 . This indicates as returns on its benchmark rise, returns on holding Legg Mason CB US Eq SL X GBP Acc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Legg Mason is expected to outperform its benchmark. In addition to that, Legg Mason CB US Eq SL X GBP Acc has an alpha of 931.7316 implying that it can potentially generate 931.7316% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=931.73
β
Beta against DOW=93.64
σ
Overall volatility
=0.00
Ir
Information ratio =0.31

Actual Return Volatility

Legg Mason CB US Eq SL X GBP Acc accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 0.5639% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Legg Mason Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Unaffected

Investment Outlook

Legg Mason Investment Opportunity
DOW has a standard deviation of returns of 0.56 and is 9.223372036854776E16 times more volatile than Legg Mason CB US Eq SL X GBP 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 CB US Eq SL X GBP Acc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Legg Mason CB US Eq SL X GBP Acc to enhance returns of your portfolios. The fund experiences moderate upward volatility. Check odds of Legg Mason to be traded at p;16770.6 in 30 days. As returns on market increase, returns on owning Legg Mason are expected to decrease by larger amounts. On the other hand, during market turmoil, Legg Mason is expected to significantly outperform it.

Legg Mason correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Legg Mason CB US Eq SL X GBP A and equity matching DJI index in the same portfolio.

Volatility Indicators

Legg Mason Current Risk Indicators
Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.