Legg Mason Low Etf Price on September 12, 2024
| LVHD Etf | USD 41.24 0.08 0.19% |
Below is the normalized historical share price chart for Legg Mason Low extending back to December 29, 2015. 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 41.24, as last reported on the 28th of November, with the highest price reaching 41.47 and the lowest price hitting 41.22 during the day.
If you're considering investing in Legg Etf, it is important to understand the factors that can impact its price. At this point, Legg Mason is very steady. Legg Mason Low has Sharpe Ratio of 0.12, which conveys that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Legg Mason, which you can use to evaluate the volatility of the etf. Please verify Legg Mason's Risk Adjusted Performance of 0.1086, downside deviation of 0.5669, and Mean Deviation of 0.443 to check out if the risk estimate we provide is consistent with the expected return of 0.0669%.
Legg Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 15.38 | 200 Day MA 37.702 | 1 y Volatility 12.43 | 50 Day MA 40.3921 | Inception Date 2015-12-28 |
Legg |
Sharpe Ratio = 0.1217
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Legg Mason is performing at about 9% 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.
Average Mkt Cap Mil 45.9 K |
Legg Mason Valuation on September 12, 2024
It is possible to determine the worth of Legg Mason on a given historical date. On September 12, 2024 Legg was worth 39.57 at the beginning of the trading date compared to the closed value of 39.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legg Mason etf. 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 | |
| 39.77 | 39.77 | 39.10 | 39.53 | 33,345 | |
09/12/2024 | 39.57 | 39.63 | 39.39 | 39.63 | 37,361 |
| 39.76 | 40.04 | 39.72 | 40.02 | 84,745 |
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Legg Mason Trading Date Momentum on September 12, 2024
| On September 13 2024 Legg Mason Low was traded for 40.02 at the closing time. The top price for the day was 40.04 and the lowest listed price was 39.72 . The trading volume for the day was 84.7 K. The trading history from September 13, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.98% . The trading delta at closing time against the current closing price is 1.41% . |
Legg Mason Low 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 Etf 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 Low 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 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.
Legg Mason Etf Technical Analysis
Legg Mason technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Legg Mason Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Legg Mason Low cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Legg Mason etf 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 etf market strength indicators, traders can identify Legg Mason Low 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 Etf 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 | 0.1086 | |||
| Jensen Alpha | 0.0243 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1758 |
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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.