Western Asset E Fund Price on November 22, 2024
WABRX Fund | USD 10.51 0.02 0.19% |
Below is the normalized historical share price chart for Western Asset E extending back to May 01, 2012. 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 10.51, as last reported on the 26th of November, with the highest price reaching 10.51 and the lowest price hitting 10.51 during the day.
If you're considering investing in Western Mutual Fund, it is important to understand the factors that can impact its price. Western Asset E shows Sharpe Ratio of -0.13, which attests that the fund had a -0.13% return per unit of risk over the last 3 months. Western Asset E exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Western Asset's Standard Deviation of 0.2977, market risk adjusted performance of (0.73), and Mean Deviation of 0.2249 to validate the risk estimate we provide.
Western Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = -0.1326
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Estimated Market Risk
0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Western Asset is not performing at its full potential. However, 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 Western Asset to a well-diversified portfolio.
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Western Asset Valuation on November 22, 2024
It is possible to determine the worth of Western Asset on a given historical date. On November 22, 2024 Western was worth 10.51 at the beginning of the trading date compared to the closed value of 10.51. 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 | |
10.51 | 10.51 | 10.51 | 10.51 | 1.00 | |
11/22/2024 | 10.51 | 10.51 | 10.51 | 10.51 | 1.00 |
10.51 | 10.51 | 10.51 | 10.51 | 0.00 |
Backtest Western Asset | | | Western Asset History | | | Western Asset Valuation | Previous | Next |
Western Asset Trading Date Momentum on November 22, 2024
On November 26 2024 Western Asset E was traded for 10.51 at the closing time. The highest daily price throughout the period was 10.51 and the lowest price was 10.51 . There was no trading activity during the period 0.0. Lack of trading volume on 11/26/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
Western Asset E 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 E 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
The fund invests in a portfolio of fixed income securities of various maturities and, under normal market conditions, will invest at least 80 percent of its net assets in debt and fixed income securities. Although the fund may invest in debt and fixed income securities of any maturity, under normal market conditions the target dollar-weighted average effective duration for the fund is expected to range within 20 percent of the average duration of the domestic bond market as a whole as estimated by the funds subadviser.
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 E 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 E 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 | (0.11) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.09) | |||
Treynor Ratio | (0.74) |
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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.
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