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

    IE00B19ZC514 -- Ireland Fund  

    USD 73.40  3.38  4.40%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason QS Emerging Makts Eq A IncA 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. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Legg Mason Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     73.40 30 days 73.40  ABOUT 13.75%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 13.75% (This Legg Mason QS Emerging Makts Eq A IncA 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 0.0 . This indicates unless we do not have required data, the returns on DOW and Legg Mason are completely uncorrelated. Additionally Legg Mason QS Emerging Makts Eq A IncAIt does not look like Legg Mason alpha can have any bearing on the equity current valuation.
     Legg Mason Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =38.61
    Ir
    Information ratio =0.00

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason QS is not yet fully synchronised with the market data
    Legg Mason QS generates negative expected return over the last 30 days
    Legg Mason QS has high historical volatility and very poor performance
    The fund has annual holdings turnover of about 173.83% suggesting active trading
    Legg Mason QS Emerging Makts Eq A IncA retains 98.86% of its assets under management (AUM) in equities
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