Western Asset Adjustable Fund Price on November 21, 2024
| ARMLX Fund | USD 9.15 0.00 0.00% |
Below is the normalized historical share price chart for Western Asset Adjustable extending back to February 03, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Asset stands at 9.15, as last reported on the 26th of November, with the highest price reaching 9.15 and the lowest price hitting 9.15 during the day.
If you're considering investing in Western Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Western Mutual Fund to be very steady. Western Asset Adjustable shows Sharpe Ratio of 0.26, which attests that the fund had a 0.26% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Western Asset Adjustable, which you can use to evaluate the volatility of the fund. Please check out Western Asset's Mean Deviation of 0.0471, standard deviation of 0.0854, and Market Risk Adjusted Performance of (6.37) to validate if the risk estimate we provide is consistent with the expected return of 0.0228%.
Western Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.2626
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| ARMLX |
Based on monthly moving average Western Asset is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Asset by adding it to a well-diversified portfolio.
Western Asset Valuation on November 21, 2024
It is possible to determine the worth of Western Asset on a given historical date. On November 21, 2024 Western was worth 9.15 at the beginning of the trading date compared to the closed value of 9.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Asset mutual fund. Still, in general, we apply an absolute valuation method to find Western Asset's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Western Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Asset's related companies.
| Open | High | Low | Close | Volume | |
| 9.15 | 9.15 | 9.15 | 9.15 | 1.00 | |
11/21/2024 | 9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
| 9.15 | 9.15 | 9.15 | 9.15 | 1.00 |
| Backtest Western Asset | | | Western Asset History | | | Western Asset Valuation | Previous | Next |
Western Asset Trading Date Momentum on November 21, 2024
| On November 22 2024 Western Asset Adjustable was traded for 9.15 at the closing time. The highest daily price throughout the period was 9.15 and the lowest price was 9.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Western Asset Adjustable Fundamentals Correlations and Trends
By evaluating Western Asset's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Western Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western Asset Mutual Fund history
Western Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Asset Adjustable will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Asset stock prices may prove useful in developing a viable investing in Western Asset
Under normal circumstances, the fund will invest its assets in debt obligations, other fixed income securities and related investments. It may invest in all types of U.S. dollar denominated short-term debt instruments, including bank obligations, commercial paper and asset-backed securities, mortgage-backed securities, U.S. government agency or instrumentality securities, corporate loans, corporate debt securities, structured instruments and repurchase agreements.
Western Asset Mutual Fund Technical Analysis
Western Asset technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Western Asset Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Western Asset Adjustable cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Western Asset November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Asset mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Asset shares will generate the highest return on investment. By undertsting and applying Western Asset mutual fund market strength indicators, traders can identify Western Asset Adjustable entry and exit signals to maximize returns
Western Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western Asset's price direction in advance. Along with the technical and fundamental analysis of Western Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1303 | |||
| Jensen Alpha | 0.0137 | |||
| Total Risk Alpha | (0.00005) | |||
| Treynor Ratio | (6.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |