|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 102.95 ||30 days|| 102.95 || ABOUT 19.25%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 19.25% (This Legg Mason WA Macro Opps Bd E 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 WA Macro Opps Bd E has beta of -0.1871 . 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 WA Macro Opps Bd E is likely to outperform the market. Additionally Legg Mason WA Macro Opps Bd E has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW