|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 138.04 ||30 days|| 138.04 || ABOUT 31.76%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 31.76% (This Legg Mason CB US Lg Cp Gr F USD 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 CB US Lg Cp Gr F USD has beta of -0.0741 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 CB US Lg Cp Gr F USD is likely to outperform the market. Moreover Legg Mason CB US Lg Cp Gr F USD has an alpha of 1.1887 implying that it can potentially generate 1.1887% excess return over DOW after adjusting for the inherited market risk (beta).
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