Legg Mason Low Etf Performance
| LVHD Etf | USD 41.16 0.14 0.34% |
The etf secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Legg Mason's returns are expected to increase less than the market. However, during the bear market, the loss of holding Legg Mason is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Legg Mason Low are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical indicators, Legg Mason is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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| In Threey Sharp Ratio | 0.19 |
Legg |
Legg Mason Relative Risk vs. Return Landscape
If you would invest 3,921 in Legg Mason Low on August 29, 2024 and sell it today you would earn a total of 195.00 from holding Legg Mason Low or generate 4.97% return on investment over 90 days. Legg Mason Low is currently generating 0.0774% in daily expected returns and assumes 0.5583% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% of etfs are less volatile than Legg, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Legg Mason Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legg Mason's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Legg Mason Low, and traders can use it to determine the average amount a Legg Mason's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1386
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Estimated Market Risk
| 0.56 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Legg Mason is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Legg Mason by adding it to a well-diversified portfolio.
Legg Mason Fundamentals Growth
Legg Etf prices reflect investors' perceptions of the future prospects and financial health of Legg Mason, and Legg Mason fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Legg Etf performance.
| Price To Earning | 16.76 X | |||
| Price To Book | 2.33 X | |||
| Price To Sales | 1.85 X | |||
| Total Asset | 726.85 M | |||
About Legg Mason Performance
By analyzing Legg Mason's fundamental ratios, stakeholders can gain valuable insights into Legg Mason's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Legg Mason has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Legg Mason has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is composed of stocks of U.S. companies across a wide range of market capitalizations, including the largest 3,000 U.S. stocks as determined by the Solactive US Broad Market Index. Legg Low is traded on NASDAQ Exchange in the United States.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legg Mason Low. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.