Legg Mason (Ireland) Probability of Target Price Finishing Over

    F00000WAFA -- Ireland Fund  

    GBp 10,431  16.00  0.15%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason BW Glb Fxd Inc X GBP Acc Hdg 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
     10,431 30 days 10,431  ABOUT 23.97%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 23.97% (This Legg Mason BW Glb Fxd Inc X GBP Acc Hdg 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 0.0027 suggesting as returns on market go up, Legg Mason average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Legg Mason BW Glb Fxd Inc X GBP Acc Hdg will be expected to be much smaller as well. Additionally Legg Mason BW Glb Fxd Inc X GBP Acc HdgIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
     Legg Mason Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.0027
    σ
    Overall volatility
    =11.31
    Ir
    Information ratio =0.00

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions
    The fund retains about 53.73% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.