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

    IE00BSBN5Q47 -- Ireland Fund  

    USD 111.90  3.30  2.86%

    Legg Mason probability of target price tool provides mechanism to make assumptions about upside and downside potential of Legg Mason BW Glbl Dyn US Eq A USD 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
     111.90 30 days 111.90  ABOUT 52.1%
    Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is about 52.1% (This Legg Mason BW Glbl Dyn US Eq A USD 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 has beta of 0.2201 . 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 BW Glbl Dyn US Eq A USD Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0479 implying that it can potentially generate 0.0479% excess return over DOW after adjusting for the inherited market risk (beta).
     Legg Mason Price Density 
          Price 
    α
    Alpha over DOW
    =0.047912
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =41.34
    Ir
    Information ratio =0.03

    Legg Mason Alerts

    Legg Mason Alerts and Suggestions

    Legg Mason BW is not yet fully synchronised with the market data
    The fund retains about 43.31% of its assets under management (AUM) in cash

    Price Density Drivers

    Legg Mason Health Indicators

    Please also check Risk vs Return Analysis. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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