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

    IE00B2Q1FJ45 -- Ireland Fund  

    SGD 0.80  0.00  0.00%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason WA Asian Opp A Inc Hg S 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
    Symbol:
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    Legg Mason Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.80 30 days 0.80  ABOUT 39.38%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 39.38% (This Legg Mason WA Asian Opp A Inc Hg S 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 WA Asian Opp A Inc Hg S has beta of -0.1949 . This indicates 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 WA Asian Opp A Inc Hg S is likely to outperform the market. Additionally Legg Mason WA Asian Opp A Inc Hg S has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Legg Mason Price Density 
          Price 
    α
    Alpha over DOW
    =0.41
    β
    Beta against DOW=0.19
    σ
    Overall volatility
    =0.29
    Ir
    Information ratio =0.33

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason WA is not yet fully synchronised with the market data
    Legg Mason WA has some characteristics of a very speculative penny stock
    The fund retains about 32.56% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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