|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 97.07 ||30 days|| 97.07 || ABOUT 13.73%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 13.73% (This Legg Mason CB Tact Div Inc Pre Inc Me 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 CB Tact Div Inc Pre Inc Me has beta of -0.5212 . 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 CB Tact Div Inc Pre Inc Me is likely to outperform the market. Additionally Legg Mason CB Tact Div Inc Pre Inc Me has an alpha of 0.0921 implying that it can potentially generate 0.0921% excess return over DOW after adjusting for the inherited market risk (beta).
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