|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|
|151.34||30 days||151.34||ABOUT 47.77%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 47.77% (This Legg Mason RY US Smlr Coms E 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 RY US Smlr Coms E Acc has beta of -0.0116 . 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 RY US Smlr Coms E Acc 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 RY is significantly underperforming DOW.
Legg Mason Price Density
|Alpha over DOW||=||0.32|
|Beta against DOW||=||0.01|