|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|
|105.77||30 days||105.77||MORE THAN 94.0%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is more than 94.0% (This Legg Mason MC Eurp Abs Alpha F USD H Acc 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 MC Eurp Abs Alpha F USD H Acc has beta of -0.0346 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 MC Eurp Abs Alpha F USD H Acc is likely to outperform the market. Additionally The company has an alpha of 0.0667 implying that it can potentially generate 0.0667% excess return over DOW after adjusting for the inherited market risk (beta).
Legg Mason Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.03|