|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|
|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
|Alpha over DOW||=||0.047912|
|Beta against DOW||=||0.22|