Western Asset Financials
| WEA Etf | USD 10.94 0.02 0.18% |
Western |
The data published in Western Asset's official financial statements typically reflect Western Asset's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Western Asset's quantitative information. For example, before you start analyzing numbers published by Western accountants, it's essential to understand Western Asset's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Please note, the presentation of Western Asset's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Western Asset's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Western Asset's management manipulating its earnings.
Western Asset Etf Summary
Western Asset competes with MFS Investment, Platinum Asia, Pimco New, Invesco Pennsylvania, and Blackrock Muniholdings. Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. Western Asset is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.Specialization | null, Corporate Bond |
| Instrument | USA Etf View All |
| Exchange | New York Stock Exchange |
| ISIN | US9576641057 |
| CUSIP | 957664105 |
| Region | Others |
| Investment Issuer | Others |
| Location | California; U.S.A |
| Business Address | 385 East Colorado |
| Etf Family | Financial Services |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Website | institutional.myleggmason.com/portal/server.pt?open=512&objid=1377&cached=true&mode=2&userid=225408&mktcd=wea |
| Phone | 626 844 9400 |
| Currency | USD - US Dollar |
Western Asset Key Financial Ratios
Western Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Asset's current stock value. Our valuation model uses many indicators to compare Western Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Asset competition to find correlations between indicators driving Western Asset's intrinsic value. More Info.Western Asset Premier is rated below average in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Western Asset Premier is roughly 15.33 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Asset's earnings, one of the primary drivers of an investment's value.Western Asset Premier Systematic Risk
Western Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Asset volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Western Asset Premier correlated with the market. If Beta is less than 0 Western Asset generally moves in the opposite direction as compared to the market. If Western Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Asset Premier is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Asset is generally in the same direction as the market. If Beta > 1 Western Asset moves generally in the same direction as, but more than the movement of the benchmark.
About Western Asset Financials
What exactly are Western Asset Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Western Asset's income statement, its balance sheet, and the statement of cash flows. Potential Western Asset investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Western Asset investors may use each financial statement separately, they are all related. The changes in Western Asset's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Western Asset's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Western Asset November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Western Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Asset Premier. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Asset Premier based on widely used predictive technical indicators. In general, we focus on analyzing Western Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Asset's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6416 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.18 |
Other Information on Investing in Western Etf
Western Asset financial ratios help investors to determine whether Western Etf 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 Western with respect to the benefits of owning Western Asset security.