Legg Mason (Ireland) Probability of Target Price Finishing Over Current Price

    F0000020NB -- Ireland Fund  

    USD 73.02  1.52  2.04%

    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.
    Horizon     30 Days    Login   to change
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    Legg Mason Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     73.02 30 days 73.02  ABOUT 30.81%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 30.81% (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 -0.0826 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 
          Price 
    α
    Alpha over DOW
    =0.3
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =37.93
    Ir
    Information ratio =0.06

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason QS is not yet fully synchronised with the market data
    The fund retains 98.13% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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