|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 105.46 ||30 days|| 105.46 || ABOUT 22.09%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 22.09% (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 -0.0708 . 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 an alpha of 0.0041 implying that it can potentially generate 0.0041% excess return over DOW after adjusting for the inherited market risk (beta).
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