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

    IE00BQQPSQ26 -- Ireland Fund  

    USD 100.12  0.04  0.0399%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason QS Invs MultiAsst US Bal EAcc 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
     100.12 30 days 100.12  UNDER 4%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is under 4% (This Legg Mason QS Invs MultiAsst US Bal EAcc 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 has beta of 0.0117 . This indicates as returns on market go up, Legg Mason average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Legg Mason QS Invs MultiAsst US Bal EAcc will be expected to be much smaller as well. Additionally Legg Mason QS Invs MultiAsst US Bal EAcc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Legg Mason Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.0117
    σ
    Overall volatility
    =43.65
    Ir
    Information ratio =0.87

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason QS is not yet fully synchronised with the market data
    Legg Mason QS generates negative expected return over the last 30 days
    The fund retains about 9.54% of its assets under management (AUM) in cash

    Price Density Drivers

    Legg Mason Health Indicators

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