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 36.94%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 36.94% (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 -0.5044 . 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.19
    β
    Beta against DOW=0.5
    σ
    Overall volatility
    =0.33
    Ir
    Information ratio =0.53

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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