Legg Mason Partners Fund One Year Return
| QLMYIX Fund | USD 6.11 0.03 0.49% |
Legg Mason Partners fundamentals help investors to digest information that contributes to Legg Mason's financial success or failures. It also enables traders to predict the movement of Legg Fund. The fundamental analysis module provides a way to measure Legg Mason's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Legg Mason fund.
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Legg Mason Partners Fund One Year Return Analysis
Legg Mason's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Based on the recorded statements, Legg Mason Partners has an One Year Return of 0.0%. This is 100.0% lower than that of the Category family and 100.0% lower than that of the Family category. The one year return for all United States funds is 100.0% higher than that of the company.
Legg One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Legg Mason's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Legg Mason could also be used in its relative valuation, which is a method of valuing Legg Mason by comparing valuation metrics of similar companies.Legg Mason is currently under evaluation in one year return among similar funds.
About Legg Mason Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Legg Mason Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legg Mason using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legg Mason Partners based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Legg Mason Partners. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Legg Mason's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legg Mason is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legg Mason's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.