Western Asset Emerging Fund Probability of Future Fund Price Finishing Over 10.29
| EMD Fund | USD 9.94 0.11 1.12% |
Western |
Western Asset Target Price Odds to finish over 10.29
The tendency of Western Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 10.29 or more in 90 days |
| 9.94 | 90 days | 10.29 | near 1 |
Based on a normal probability distribution, the odds of Western Asset to move over $ 10.29 or more in 90 days from now is near 1 (This Western Asset Emerging probability density function shows the probability of Western Fund to fall within a particular range of prices over 90 days) . Probability of Western Asset Emerging price to stay between its current price of $ 9.94 and $ 10.29 at the end of the 90-day period is about 15.75 .
Considering the 90-day investment horizon Western Asset has a beta of 0.0919 suggesting as returns on the market go up, Western Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Asset Emerging will be expected to be much smaller as well. Additionally Western Asset Emerging has an alpha of 0.0014, implying that it can generate a 0.001396 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Western Asset Price Density |
| Price |
Predictive Modules for Western Asset
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Western Asset Emerging. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Western Asset Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Western Asset is not an exception. The market had few large corrections towards the Western Asset's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Western Asset Emerging, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Western Asset within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.15 |
Western Asset Technical Analysis
Western Asset's future price can be derived by breaking down and analyzing its technical indicators over time. Western Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Western Asset Emerging. In general, you should focus on analyzing Western Fund price patterns and their correlations with different microeconomic environments and drivers.
Western Asset Predictive Forecast Models
Western Asset's time-series forecasting models is one of many Western Asset's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Western Asset's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Western Asset in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Western Asset's short interest history, or implied volatility extrapolated from Western Asset options trading.
Other Information on Investing in Western Fund
Western Asset financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Asset security.
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