Legg Mason (Ireland) Probability of Target Price Finishing Over

    F00000Q6KK -- Ireland Fund  

    USD 93.54  0.02  0.0214%

    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.
     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
     93.54 30 days 93.54  ABOUT 21.59%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 21.59% (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 has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Legg Mason are completely uncorrelated. Additionally Legg Mason WA Emerg Mkts CorpBdLMIncIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
     Legg Mason Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions
    Legg Mason WA generates negative expected return over the last 30 days
    The fund retains about 23.93% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.