|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|
|160.04||30 days||160.04||ABOUT 36.89%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 36.89% (This Legg Mason QS MV Glb Eq GrInc GA Acc 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 QS MV Glb Eq GrInc GA Acc has beta of -0.0545 . 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 QS MV Glb Eq GrInc GA Acc is likely to outperform the market. Additionally The company has an alpha of 0.0656 implying that it can potentially generate 0.0656% excess return over DOW after adjusting for the inherited market risk (beta).
Legg Mason Price Density
|Alpha over DOW||=||0.07|
|Beta against DOW||=||0.05|