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

    IE00BDCRQ675 -- Ireland Fund  

    USD 121.94  1.24  1.01%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason MC Asia Lg Trm Uncons F 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
     121.94 30 days 121.94  ABOUT 41.96%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 41.96% (This Legg Mason MC Asia Lg Trm Uncons F 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 MC Asia Lg Trm Uncons F Acc has beta of -0.1302 . 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 MC Asia Lg Trm Uncons F 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 MC is significantly underperforming DOW.
     Legg Mason Price Density 
          Price 
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =45.51
    Ir
    Information ratio =0.11

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason MC is not yet fully synchronised with the market data
    Legg Mason MC generates negative expected return over the last 30 days

    Price Density Drivers

    Legg Mason Health Indicators

    Please also check Risk vs Return Analysis. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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