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

    F00000Q6KK -- Ireland Fund  

    USD 91.72  0.04  0.0436%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason WA Emerg Mkts CorpBdLMInc 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
     91.72 30 days 91.72  ABOUT 26.28%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 26.28% (This Legg Mason WA Emerg Mkts CorpBdLMInc 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 WA Emerg Mkts CorpBdLMInc has beta of -0.0323 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 WA Emerg Mkts CorpBdLMInc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Legg Mason WA is significantly underperforming DOW.
     Legg Mason Price Density 
    Alpha over DOW
    Beta against DOW=0.03
    Overall volatility
    Information ratio =0.25

    Legg Mason Alerts and Suggestions

    Legg Mason WA is not yet fully synchronised with the market data
    The fund retains about 23.93% of its assets under management (AUM) in cash
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