|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 115.01 ||30 days|| 115.01 || ROUGHLY 2.38%|
Based on normal probability distribution, the odds of Legg Mason to move above current price in 30 days from now is roughly 2.38% (This Legg Mason MC Jpn Abs Alpha 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 MC Jpn Abs Alpha A USD Acc has beta of -0.4259 . 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 MC Jpn Abs Alpha A USD Acc is likely to outperform the market. Additionally Legg Mason MC Jpn Abs Alpha A USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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