Legg Mason Low Etf Probability of Future Etf Price Finishing Under 35.15
| LVHD Etf | USD 39.79 0.31 0.77% |
Legg |
Legg Mason Target Price Odds to finish below 35.15
The tendency of Legg Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 35.15 or more in 90 days |
| 39.79 | 90 days | 35.15 | near 1 |
Based on a normal probability distribution, the odds of Legg Mason to drop to $ 35.15 or more in 90 days from now is near 1 (This Legg Mason Low probability density function shows the probability of Legg Etf to fall within a particular range of prices over 90 days) . Probability of Legg Mason Low price to stay between $ 35.15 and its current price of $39.79 at the end of the 90-day period is about 19.89 .
Given the investment horizon of 90 days Legg Mason has a beta of 0.43. This indicates as returns on the market go up, Legg Mason average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Legg Mason Low will be expected to be much smaller as well. Additionally Legg Mason Low has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Legg Mason Price Density |
| Price |
Predictive Modules for Legg Mason
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Legg Mason Low. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Legg Mason Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Legg Mason is not an exception. The market had few large corrections towards the Legg Mason's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Legg Mason Low, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Legg Mason within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.43 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.22 |
Legg Mason Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Legg Mason for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Legg Mason Low can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Legg Mason Low generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| The fund maintains 99.04% of its assets in stocks |
Legg Mason Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Legg Etf often depends not only on the future outlook of the current and potential Legg Mason's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Legg Mason's indicators that are reflective of the short sentiment are summarized in the table below.
Legg Mason Technical Analysis
Legg Mason's future price can be derived by breaking down and analyzing its technical indicators over time. Legg Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legg Mason Low. In general, you should focus on analyzing Legg Etf price patterns and their correlations with different microeconomic environments and drivers.
Legg Mason Predictive Forecast Models
Legg Mason's time-series forecasting models is one of many Legg Mason's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Legg Mason's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Legg Mason Low
Checking the ongoing alerts about Legg Mason for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Legg Mason Low help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Legg Mason Low generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Investment Analysis - Stock Traders Daily | |
| The fund maintains 99.04% of its assets in stocks |
Check out Legg Mason Backtesting, Portfolio Optimization, Legg Mason Correlation, Legg Mason Hype Analysis, Legg Mason Volatility, Legg Mason History as well as Legg Mason Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of Legg Mason Low is measured differently than its book value, which is the value of Legg that is recorded on the company's balance sheet. Investors also form their own opinion of Legg Mason's value that differs from its market value or its book value, called intrinsic value, which is Legg Mason's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legg Mason's market value can be influenced by many factors that don't directly affect Legg Mason's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.