Section I:This look at Legg Mason, Inc. begins with a Classical Time Series Analysis of the historical stock prices, providing a vantage point over patterns that will be explored in greater detail in the following chapters. See LM Classical Analysis.Section II:This survey looks at historical volatility of Legg Mason, Inc. prices. The risks associated with long and short term positions can be evaluated according to projected shapes of the Volatility Curve. See LM Short Term Risk.Section IV:A look at Traditional Seasonal Analysis of Legg Mason, Inc. Historical Prices identifies the best and worst months to be invested. See LM Calendar Year Trends.Section V:One of the most popular indicators, the Moving Average, comes in many variations. Here we test the predictive ability of different averages as applied to prediction of Legg Mason, Inc. prices. See Average Indicators.Section VI:Some say that modern analysis began with the successful identification of technical oscillators such as the highly effective Wilder RSI. See RSI Indicators.Section VII:A different type of Seasonal Analysis is applied to LM historical prices. Here the 24 month, November based Political Calendar is the basis for non-standard Seasonal Analysis. See Stock Prices and Politics for LM.Section VIII:Volume Stratification Analysis tracks the volumes associated with price levels over the entire history of a stock. The resulting analysis yields a framework for understanding the mechanism behind support and resistance levels, and a scientific basis for predicting price behaviors due to those levels. See Volumetric Analysis.Section IX:A view of Momentum Analysis that takes Volume into account as well as Price. See Price-Volume Momentum.Section X:Technical Analysis discovers the range of moods of investors toward LM. See Investor Mood.Section XI:The chapter first converts the Price Line to several different mappings based on "Runs" or the number of consecutive price movements in a particular direction. A discussion of the "Monte Carlo Fallacy" and it's relevance to Stock Price Prediction leads to a revisionist method of Price Projection using the Bernoulli Analysis. See Bernoulli Run Analysis.Section XII:Japanese Candlesticks have a long history, but continue to be used because some of their best concepts are based on universal Investor Psychology. See Japanese Candlesticks.Section XIII:Multi-spectral analysis reveals behavioral features of LM prices that may not be apparent to ordinary analysis. See Support and Resistance Surfaces.Section XIV:The combination of multi-spectral and mult-dimensional analysis of Legg Mason, Inc. historical trends, yields a rich set of behavioral surfaces. See Multi-dimensional Price Behaviors.Section XVI:Forecasts are gathered from several sources to predict future price movements. See LM Share Price Forecasts. |