Legg Mason (Ireland) Probability of Target Price Finishing Over

    IE00B3SNP393 -- Ireland Fund  

    GBp 8,909  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 GCAR X Inc Hdg 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.
     Time 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
     8,909 30 days 8,909  ABOUT 16.92%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 16.92% (This Legg Mason WA GCAR X Inc Hdg 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 WA GCAR X Inc HdgIt 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
    =4,653
    Ir
    Information ratio =0.00

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions
    Legg Mason WA generates negative expected return over the last 30 days
    The fund has annual holdings turnover of about 214.34% suggesting active trading
    Legg Mason WA GCAR X Inc Hdg retains roughly 55.54% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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