Western Asset Managed Fund Probability of Future Mutual Fund Price Finishing Under 14.46
| SHMMX Fund | USD 15.18 0.02 0.13% |
Western |
Western Asset Target Price Odds to finish below 14.46
The tendency of Western Mutual 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 drop to $ 14.46 or more in 90 days |
| 15.18 | 90 days | 14.46 | near 1 |
Based on a normal probability distribution, the odds of Western Asset to drop to $ 14.46 or more in 90 days from now is near 1 (This Western Asset Managed probability density function shows the probability of Western Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Western Asset Managed price to stay between $ 14.46 and its current price of $15.18 at the end of the 90-day period is about 74.58 .
Assuming the 90 days horizon Western Asset Managed has a beta of -0.11. This usually implies as returns on the benchmark increase, returns on holding Western Asset are expected to decrease at a much lower rate. During a bear market, however, Western Asset Managed is likely to outperform the market. Additionally Western Asset Managed has an alpha of 0.0076, implying that it can generate a 0.007625 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 Managed. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual 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 Managed, 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 | 0.01 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.47 |
Western Asset Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Western Asset for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Western Asset Managed can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated three year return of 0.0% | |
| Western Asset Managed maintains most of the assets in different exotic instruments. |
Western Asset Technical Analysis
Western Asset's future price can be derived by breaking down and analyzing its technical indicators over time. Western Mutual 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 Managed. In general, you should focus on analyzing Western Mutual 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 mutual 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 mutual fund market movement and maximize returns from investment trading.
Things to note about Western Asset Managed
Checking the ongoing alerts about Western Asset for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Western Asset Managed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund generated three year return of 0.0% | |
| Western Asset Managed maintains most of the assets in different exotic instruments. |
Other Information on Investing in Western Mutual Fund
Western Asset financial ratios help investors to determine whether Western Mutual 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.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |