Legg Mason (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B56HKL06 -- Ireland Fund  

    USD 151.34  1.90  1.24%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason RY US Smlr Coms E Acc 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
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    Legg Mason Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.32
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =80.95
    Ir
    Information ratio =0.21

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason RY is not yet fully synchronised with the market data
    Legg Mason RY generates negative expected return over the last 30 days
    The fund retains 91.42% of its assets under management (AUM) in equities

    Price Density Drivers

    Legg Mason Health Indicators

    Please also check Risk vs Return Analysis. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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