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.
|Horizon||30 Days Login to change|
Legg Mason Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||OVER 95.32%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is over 95.32% (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 0.0081 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Legg Mason BW is significantly underperforming DOW.
Legg Mason Price Density
|Alpha over DOW||=||0.13|
|Beta against DOW||=||0.0081|