|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.One Month Beta |Analyze Legg Mason CB Demand TrendCheck current 30 days Legg Mason correlation with market (DOW)|
β = 0.2248
Legg Mason CB Technical Analysis
Legg Mason Projected Return Density Against MarketAssuming 30 trading days horizon, Legg Mason has beta of 0.2248 . 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 CB US Eq SL X GBP Acc will be expected to be much smaller as well. Additionally, Legg Mason CB US Eq SL X GBP Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Legg Mason Return VolatilityLegg Mason CB US Eq SL X GBP Acc accepts 0.9958% volatility on return distribution over the 30 days horizon. DOW inherits 1.0618% risk (volatility on return distribution) over the 30 days horizon.