|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|
|137.08||30 days||137.08||ABOUT 28.77%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 28.77% (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 -0.2194 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. Additionally Legg Mason CB US Lg Cp Gr F USD has an alpha of 0.502 implying that it can potentially generate 0.502% excess return over DOW after adjusting for the inherited market risk (beta).
Legg Mason Price Density
|Alpha over DOW||=||0.50|
|Beta against DOW||=||0.22|