Legg Mason (Ireland) Probability of Target Price Finishing Over

    F0000020NB -- Ireland Fund  

    USD 77.63  0.08  0.10%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason QS Emerging Makts Eq C Acc performance during a given time horizon utilizing its historical volatility. Please specify Legg Mason time horizon, a valid symbol (red box) and a target price (blue box) you would like Legg Mason odds to be computed. Additionally see Investing Opportunities.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    Legg Mason Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     77.63 30 days 77.63  ABOUT 23.54%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 23.54% (This Legg Mason QS Emerging Makts Eq C Acc probability density function shows the probability of Legg Mason Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Legg Mason QS Emerging Makts Eq C Acc has beta of -0.4757 suggesting 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 QS Emerging Makts Eq C Acc is likely to outperform the market. Additionally Legg Mason QS Emerging Makts Eq C Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Legg Mason Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.22
    β
    Beta against DOW=0.48
    σ
    Overall volatility
    =42.35
    Ir
    Information ratio =0.23

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions
    The fund retains 98.13% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
    vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">