Western Asset Premier Fund Price on October 9, 2024
WAEXX Fund | USD 1.00 0.00 0.00% |
Below is the normalized historical share price chart for Western Asset Premier extending back to November 05, 2019. 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 1.00, as last reported on the 24th of November, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day.
If you're considering investing in Western Money Market Fund, it is important to understand the factors that can impact its price. At this stage we consider Western Money Market Fund to be not too volatile. Western Asset Premier shows Sharpe Ratio of 0.12, which attests that the fund had a 0.12% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Western Asset Premier, which you can use to evaluate the volatility of the fund. Please check out Western Asset's Market Risk Adjusted Performance of (0.36), mean deviation of 0.0301, and Standard Deviation of 0.1243 to validate if the risk estimate we provide is consistent with the expected return of 0.0155%.
Western Money Market Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.124
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Estimated Market Risk
0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Western Asset is performing at about 9% 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 October 9, 2024
It is possible to determine the worth of Western Asset on a given historical date. On October 9, 2024 Western was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Asset money market 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 | |
1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
10/09/2024 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
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Western Asset Trading Date Momentum on October 9, 2024
On October 10 2024 Western Asset Premier was traded for 1.00 at the closing time. The highest daily price throughout the period was 1.00 and the lowest price was 1.00 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
About Western Asset Money Market 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 Premier 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 Money Market Fund Technical Analysis
Western Asset technical money market 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 24, 2024
| High |
0.00 | 0.00 |
Western Asset Premier 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 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Asset money market 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 money market fund market strength indicators, traders can identify Western Asset Premier 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 Money Market 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 | 0.0427 | |||
Jensen Alpha | 0.007 | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | (0.37) |
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Volume Indicators |
Other Information on Investing in Western Money Market Fund
Western Asset financial ratios help investors to determine whether Western Money Market 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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