Legg Mason Partners Fund Price on August 22, 2024
| QLMLOX Fund | USD 47.52 0.18 0.38% |
Below is the normalized historical share price chart for Legg Mason Partners extending back to July 14, 2011. 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 47.52, as last reported on the 22nd of September, with the highest price reaching 47.52 and the lowest price hitting 47.52 during the day.
If you're considering investing in Legg Fund, it is important to understand the factors that can impact its price. At this stage we consider Legg Fund to be very steady. Legg Mason Partners has Sharpe Ratio of 0.0806, which conveys that the entity had a 0.0806% 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 Risk Adjusted Performance of 0.0539, downside deviation of 1.26, and Mean Deviation of 0.8706 to check out if the risk estimate we provide is consistent with the expected return of 0.0952%.
Legg Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Legg |
Sharpe Ratio = 0.0806
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | QLMLOX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Legg Mason is performing at about 6% 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 August 22, 2024
It is possible to determine the worth of Legg Mason on a given historical date. On August 22, 2024 Legg was worth 46.53 at the beginning of the trading date compared to the closed value of 46.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Legg Mason 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 | |
| 47.08 | 47.08 | 47.08 | 47.08 | 1.00 | |
08/22/2024 | 46.53 | 46.53 | 46.53 | 46.53 | 1.00 |
| 46.95 | 46.95 | 46.95 | 46.95 | 1.00 |
| Backtest Legg Mason | | | Legg Mason History | Previous | Next |
Legg Mason Trading Date Momentum on August 22, 2024
| On August 23 2024 Legg Mason Partners was traded for 46.95 at the closing time. The maximum traded price for the trading interval was 46.95 and the lowest daily price was 46.95 . There was no trading activity during the period 1.0. Lack of trading volume on 23rd of August 2024 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 0.90% . The trading delta at closing time to the closing price today is 1.31% . |
About Legg Mason 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 Partners 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
Legg Mason Fund Technical Analysis
Legg Mason technical 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 | September 22, 2024
| High |
0.00 | 0.00 |
Legg Mason Partners 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 September 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Legg Mason 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 fund market strength indicators, traders can identify Legg Mason Partners 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 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 | 0.0539 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0618 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Legg Fund
Legg Mason financial ratios help investors to determine whether Legg 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.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |