BrandywineGLOBAL Probability of Target Price Finishing Over Current Price

    LGOCX -- USA Fund  

    USD 9.71  0.00  0.00%

    BrandywineGLOBAL probability of target price tool provides mechanism to make assumptions about upside and downside potential of BrandywineGLOBAL Global Opp Bond C performance during a given time horizon utilizing its historical volatility. Please specify BrandywineGLOBAL time horizon, a valid symbol (red box) and a target price (blue box) you would like BrandywineGLOBAL odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    BrandywineGLOBAL Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.71 30 days 9.71  ABOUT 59.82%
    Based on normal probability distribution, the odds of BrandywineGLOBAL to move above current price in 30 days from now is about 59.82% (This BrandywineGLOBAL Global Opp Bond C probability density function shows the probability of BrandywineGLOBAL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BrandywineGLOBAL Global Opp Bond C has beta of -0.063 indicating as returns on benchmark increase, returns on holding BrandywineGLOBAL are expected to decrease at a much smaller rate. During bear market, however, BrandywineGLOBAL Global Opp Bond C is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. BrandywineGLOBAL Global is significantly underperforming DOW.
     BrandywineGLOBAL Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =0.09
    Ir
    Information ratio =0.03

    BrandywineGLOBAL Alerts

    BrandywineGLOBAL Alerts and Suggestions

    BrandywineGLOBAL is not yet fully synchronised with the market data
    The fund maintains about 35.49% of its assets in cash

    Price Density Drivers

    BrandywineGLOBAL Health Indicators

    Please see also Stocks Correlation. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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