|Horizon||30 Days Login to change|
Legg Mason Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.81||30 days||0.81||ABOUT 44.99%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 44.99% (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 -0.2199 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Legg Mason WA is significantly underperforming DOW.
Legg Mason Price Density
|Alpha over DOW||=||0.25|
|Beta against DOW||=||0.22|