|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 96.33 ||30 days|| 96.33 || ABOUT 18.02%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 18.02% (This Legg Mason CB Gb Eq Inc Prem Dis M 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 CB Gb Eq Inc Prem Dis MIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
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