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

    IE00B19ZC514 -- Ireland Fund  

    USD 71.29  2.96  3.99%

    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
     71.29 30 days 71.29  ABOUT 17.29%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 17.29% (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 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =38.91
    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
    The fund retains 98.13% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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