Western Asset Managed Fund Price on November 26, 2024
MMU Fund | USD 10.67 0.04 0.38% |
Below is the normalized historical share price chart for Western Asset Managed extending back to July 17, 1992. 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 10.67, as last reported on the 30th of November, with the highest price reaching 10.71 and the lowest price hitting 10.65 during the day.
If you're considering investing in Western Fund, it is important to understand the factors that can impact its price. Currently, Western Asset Managed is very steady. Western Asset Managed shows Sharpe Ratio of 0.0419, which attests that the fund had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Asset Managed, which you can use to evaluate the volatility of the fund. Please check out Western Asset's Downside Deviation of 0.5705, mean deviation of 0.4044, and Market Risk Adjusted Performance of (2.06) to validate if the risk estimate we provide is consistent with the expected return of 0.0224%.
Western Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.0419
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Estimated Market Risk
0.53 actual daily | 4 96% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Western Asset is performing at about 3% 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.
Market Capitalization 482.7 M |
Related Headline
MFS High Headline on 26th of November 2024
Insider Trading by MacroaxisInsider Filed transaction by MFS High Yield Executive. Insider Public Trading |
Western Asset Valuation on November 26, 2024
It is possible to determine the worth of Western Asset on a given historical date. On November 26, 2024 Western was worth 10.46 at the beginning of the trading date compared to the closed value of 10.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Asset 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 | |
10.48 | 10.50 | 10.44 | 10.44 | 122,812 | |
11/26/2024 | 10.46 | 10.50 | 10.43 | 10.46 | 75,652 |
10.51 | 10.64 | 10.50 | 10.63 | 137,057 |
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Western Asset Trading Date Momentum on November 26, 2024
On November 27 2024 Western Asset Managed was traded for 10.63 at the closing time. Highest Western Asset's price during the trading hours was 10.64 and the lowest price during the day was 10.50 . The net volume was 137.1 K. The overall trading history on the 27th of November contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 1.63% . The trading price change to current price is 2.10% . |
Western Asset Managed 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 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 Managed 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
Western Asset Managed Municipals Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax. It invests primarily in investment grade municipal securities. The fund employs intensive proprietary research to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Municipal Bond Index. The fund was formerly known as Managed Municipals Portfolio Inc. Western Asset Managed Municipals Fund Inc. was formed on June 26, 1992 and is domiciled in the United States.
Western Asset Fund Technical Analysis
Western Asset technical 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 30, 2024
| High |
0.00 | 0.00 |
Western Asset Managed cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Asset 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 fund market strength indicators, traders can identify Western Asset Managed 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 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 | 0.0244 | |||
Jensen Alpha | 0.0106 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.21) | |||
Treynor Ratio | (2.07) |
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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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