Legg Mason (Ireland) Probability of Target Price Finishing Over Current Price

Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason MC Eurp Abs Alpha F USD H Acc 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.

Current Price	Horizon	Target Price	Odds to move above current price in 30 days
105.77	30 days	105.77	MORE THAN 94.0%

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

α	Alpha over DOW	=	0.07	Details
β	Beta against DOW	=	0.03	Details
σ	Overall volatility	=	2.51	Details
Ir	Information ratio	=	0.19	Details