|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 122.79 ||30 days|| 122.79 || ABOUT 25.2%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 25.2% (This Legg Mason BW Global Hi Yld S CAD H 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 BW Global Hi Yld S CAD H Acc has beta of -0.0932 . 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 BW Global Hi Yld S CAD H Acc is likely to outperform the market. Additionally Legg Mason BW Global Hi Yld S CAD H Acc has an alpha of 0.0234 implying that it can potentially generate 0.0234% excess return over DOW after adjusting for the inherited market risk (beta).
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