Legg Mason Bw Fund Quote

LGOCX Fund  USD 8.59  0.03  0.35%   

Performance

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Odds Of Distress

Less than 44

 
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Legg Mason is trading at 8.59 as of the 29th of March 2024; that is -0.35% down since the beginning of the trading day. The fund's open price was 8.62. Legg Mason has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Legg Mason Bw are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in fixed income securities of issuers located in developed market countries. It will invest in both investment grade and below investment grade fixed income securities, and the advisor intends to invest less than 35 percent of its net assets in below investment grade fixed income securities . More on Legg Mason Bw

Moving together with Legg Mutual Fund

  0.96GLOBX Mfs Global LeadersPairCorr

Moving against Legg Mutual Fund

  0.75SAPCX Clearbridge AppreciationPairCorr
  0.75SLCCX Clearbridge Large CapPairCorr
  0.7SBSDX Qs Sp 500PairCorr
  0.66LGDAX Qs International DividendPairCorr
  0.65LGDCX Qs International DividendPairCorr
  0.62SAGCX Clearbridge AggressivePairCorr
  0.62SCGCX Qs Moderate GrowthPairCorr

Legg Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Legg Mason's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Legg Mason or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationLegg Mason Funds, Large Funds, World Bond Funds, World Bond, Legg Mason (View all Sectors)
Update Date31st of March 2024
Legg Mason Bw [LGOCX] is traded in USA and was established 29th of March 2024. Legg Mason is listed under Legg Mason category by Fama And French industry classification. The fund is listed under World Bond category and is part of Legg Mason family. This fund now has accumulated 3.4 B in assets with no minimum investment requirementsLegg Mason Bw is currently producing year-to-date (YTD) return of 5.62% with the current yeild of 0.0%, while the total return for the last 3 years was -6.21%.
Check Legg Mason Probability Of Bankruptcy

Instrument Allocation

Legg Mason Target Price Odds Analysis

Based on a normal probability distribution, the odds of Legg Mason jumping above the current price in 90 days from now is about 82.34%. The Legg Mason Bw probability density function shows the probability of Legg Mason mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Legg Mason has a beta of 0.5454. This indicates as returns on the market go up, Legg Mason average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legg Mason Bw will be expected to be much smaller as well. Additionally, legg Mason Bw has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 8.59HorizonTargetOdds Above 8.59
17.24%90 days
 8.59 
82.34%
Based on a normal probability distribution, the odds of Legg Mason to move above the current price in 90 days from now is about 82.34 (This Legg Mason Bw probability density function shows the probability of Legg Mutual Fund to fall within a particular range of prices over 90 days) .

Legg Mason Bw Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Legg Mason market risk premium is the additional return an investor will receive from holding Legg Mason long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Legg Mason. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Legg Mason's alpha and beta are two of the key measurements used to evaluate Legg Mason's performance over the market, the standard measures of volatility play an important role as well.

Legg Mason Against Markets

Picking the right benchmark for Legg Mason mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Legg Mason mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Legg Mason is critical whether you are bullish or bearish towards Legg Mason Bw at a given time. Please also check how Legg Mason's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Legg Mason without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Legg Mutual Fund?

Before investing in Legg Mason, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Legg Mason. To buy Legg Mason fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Legg Mason. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Legg Mason fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Legg Mason Bw fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Legg Mason Bw fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Legg Mason Bw, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Legg Mason Bw?

The danger of trading Legg Mason Bw is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Legg Mason is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Legg Mason. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Legg Mason Bw is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legg Mason Bw. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Legg Mason Bw information on this page should be used as a complementary analysis to other Legg Mason's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Legg Mutual Fund analysis

When running Legg Mason's price analysis, check to measure Legg Mason's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legg Mason is operating at the current time. Most of Legg Mason's value examination focuses on studying past and present price action to predict the probability of Legg Mason's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legg Mason's price. Additionally, you may evaluate how the addition of Legg Mason to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Legg Mason's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legg Mason is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legg Mason's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.