Western Asset Premier Etf Probability of Future Etf Price Finishing Under 10.94
| WEA Etf | USD 10.94 0.02 0.18% |
Western |
Western Asset Target Price Odds to finish below 10.94
The tendency of Western Etf 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 below current price in 90 days |
| 10.94 | 90 days | 10.94 | about 22.77 |
Based on a normal probability distribution, the odds of Western Asset to move below current price in 90 days from now is about 22.77 (This Western Asset Premier probability density function shows the probability of Western Etf to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Western Asset Premier has a beta of -0.0093. This entails 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 Premier is likely to outperform the market. Additionally Western Asset Premier has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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 Premier. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 Premier, 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 | -0.0015 | |
β | Beta against Dow Jones | -0.0093 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.21 |
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 Premier can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Western Asset Premier has 70.42 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Western Asset Premier has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Western Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Western Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Asset Premier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Asset's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 12.39 M. Reported Net Loss for the year was (30.42 M) with profit before taxes, overhead, and interest of 12.4 M. | |
| About 55.0% of Western Asset outstanding shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Insider Trading | |
| The fund generated three year return of -1.0% |
Western Asset Technical Analysis
Western Asset's future price can be derived by breaking down and analyzing its technical indicators over time. Western Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Western Asset Premier. In general, you should focus on analyzing Western Etf 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 etf 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 etf market movement and maximize returns from investment trading.
Things to note about Western Asset Premier
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 Premier help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Western Asset Premier has 70.42 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Western Asset Premier has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Western Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Western Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Asset Premier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Asset's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 12.39 M. Reported Net Loss for the year was (30.42 M) with profit before taxes, overhead, and interest of 12.4 M. | |
| About 55.0% of Western Asset outstanding shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Insider Trading | |
| The fund generated three year return of -1.0% |
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.