BrandywineGLOBAL Probability of Target Price Finishing Over Current Price

LGOCX -- USA Fund  

USD 9.72  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 BrandywineGLOBAL Backtesting, Portfolio Optimization, BrandywineGLOBAL Correlation, BrandywineGLOBAL Hype Analysis, BrandywineGLOBAL Volatility, BrandywineGLOBAL History as well as BrandywineGLOBAL Performance.
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
 9.72 30 days 9.72  ABOUT 83.11%
Based on normal probability distribution, the odds of BrandywineGLOBAL to move above current price in 30 days from now is about 83.11% (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 -0.0059 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 BrandywineGLOBAL Global Opp Bond C has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 BrandywineGLOBAL Price Density 
      Price 
α
Alpha over DOW
=0.1
β
Beta against DOW=0.0059
σ
Overall volatility
=0.1
Ir
Information ratio =0.041923

BrandywineGLOBAL Alerts

BrandywineGLOBAL Alerts and Suggestions

BrandywineGLOBAL generates negative expected return over the last 30 days
The fund maintains about 35.49% of its assets in cash

Price Density Drivers

BrandywineGLOBAL Health Indicators

Please see also BrandywineGLOBAL Backtesting, Portfolio Optimization, BrandywineGLOBAL Correlation, BrandywineGLOBAL Hype Analysis, BrandywineGLOBAL Volatility, BrandywineGLOBAL History as well as BrandywineGLOBAL Performance. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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