Legg Mason Bw Fund Price on October 2, 2024
LBWAX Fund | USD 23.76 0.03 0.13% |
Below is the normalized historical share price chart for Legg Mason Bw extending back to September 08, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Legg Mason stands at 23.76, as last reported on the 29th of November, with the highest price reaching 23.76 and the lowest price hitting 23.76 during the day.
If you're considering investing in Legg Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Legg Mutual Fund to be very steady. Legg Mason Bw has Sharpe Ratio of 0.17, which conveys that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Legg Mason, which you can use to evaluate the volatility of the fund. Please verify Legg Mason's Mean Deviation of 0.5748, risk adjusted performance of 0.1277, and Downside Deviation of 0.5859 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Legg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Legg |
Sharpe Ratio = 0.1661
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Estimated Market Risk
0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Legg Mason is performing at about 13% 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 Valuation on October 2, 2024
It is possible to determine the worth of Legg Mason on a given historical date. On October 2, 2024 Legg was worth 22.2 at the beginning of the trading date compared to the closed value of 22.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legg Mason mutual fund. Still, in general, we apply an absolute valuation method to find Legg Mason's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Legg Mason where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Legg Mason's related companies.
Open | High | Low | Close | Volume | |
22.25 | 22.25 | 22.25 | 22.25 | 1.00 | |
10/02/2024 | 22.20 | 22.20 | 22.20 | 22.20 | 1.00 |
22.10 | 22.10 | 22.10 | 22.10 | 1.00 |
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Legg Mason Trading Date Momentum on October 2, 2024
On October 03 2024 Legg Mason Bw was traded for 22.10 at the closing time. The highest daily price throughout the period was 22.10 and the lowest price was 22.10 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.45% . The trading delta at closing time to current closing price is 2.21% . |
Legg Mason Bw Fundamentals Correlations and Trends
By evaluating Legg Mason's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Legg Mason's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Legg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Legg Mason Mutual Fund history
Legg Mason investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Legg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Legg Mason Bw will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Legg Mason stock prices may prove useful in developing a viable investing in Legg Mason
The fund normally invests at least 80 percent of its net assets, plus the amount of borrowings for investment purposes, if any, in issuers domiciled, or having their principal activities, in the United States, at the time of investment or other instruments with similar economic characteristics. It invests primarily in equity securities that, in the subadvisers opinion, are undervalued or out of favor. The subadviser expects to hold approximately 175-250 stocks under normal market conditions.
Legg Mason Mutual Fund Technical Analysis
Legg Mason technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Legg Mason Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Legg Mason Bw cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Legg Mason November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Legg Mason mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legg Mason shares will generate the highest return on investment. By undertsting and applying Legg Mason mutual fund market strength indicators, traders can identify Legg Mason Bw entry and exit signals to maximize returns
Legg Mason Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Legg Mason's price direction in advance. Along with the technical and fundamental analysis of Legg Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Legg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1277 | |||
Jensen Alpha | 0.0146 | |||
Total Risk Alpha | 0.0024 | |||
Sortino Ratio | 0.0105 | |||
Treynor Ratio | 0.1312 |
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Other Information on Investing in Legg Mutual Fund
Legg Mason financial ratios help investors to determine whether Legg Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Legg with respect to the benefits of owning Legg Mason security.
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