|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|
|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
|Alpha over DOW||=||0.18|
|Beta against DOW||=||0.13|