Western Asset Mortgage Price on June 22, 2023
WMCDelisted Stock | USD 9.57 0.12 1.27% |
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. As of today, the current price of Western Asset stands at 9.57, as last reported on the 1st of December, with the highest price reaching 9.65 and the lowest price hitting 9.37 during the day. We have found twenty-nine technical indicators for Western Asset Mortgage, which you can use to evaluate the volatility of the company. Please check out Western Asset's Market Risk Adjusted Performance of (3.91), mean deviation of 1.38, and Downside Deviation of 1.45 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Western |
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
WMC |
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.
Related Headline
Ares Commercial Headline on 22nd of June 2023
Acquisition by James Skinner of 33 shares of Ares Commercial... by James Skinner
Filed transaction by Ares Commercial Real Esta director. Grant, award or other acquisition pursuant to Rule 16b-3
Western Asset Valuation on June 22, 2023
It is possible to determine the worth of Western Asset on a given historical date. On June 22, 2023 Western was worth 9.14 at the beginning of the trading date compared to the closed value of 8.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Asset stock. 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 | |
9.20 | 9.34 | 8.81 | 8.81 | 21,315 | |
06/22/2023 | 9.14 | 9.35 | 8.79 | 8.79 | 67,018 |
9.15 | 9.18 | 8.64 | 8.64 | 49,028 |
Backtest Western Asset | | | Western Asset History | | | Western Asset Valuation | Previous | Next |
Western Asset Trading Date Momentum on June 22, 2023
On June 23 2023 Western Asset Mortgage was traded for 8.64 at the closing time. Highest Western Asset's price during the trading hours was 9.18 and the lowest price during the day was 8.64 . The net volume was 49 K. The overall trading history on the 23rd of June contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.71% . The trading price change to current price is 0.91% . |
Western Asset Mortgage 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 Stock 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 Mortgage 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 Mortgage Capital Corporation operates as a real estate investment trust. Western Asset Mortgage Capital Corporation was incorporated in 2009 and is based in Salt Lake City, Utah. Western Asset is traded on New York Stock Exchange in the United States.
Western Asset Stock Technical Analysis
Western Asset technical stock 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Western Asset Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Western Asset Mortgage 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 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Western Asset stock 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 stock market strength indicators, traders can identify Western Asset Mortgage 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 Stock 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 | 0.1128 | |||
Jensen Alpha | 0.2721 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0937 | |||
Treynor Ratio | (3.92) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Western Stock
If you are still planning to invest in Western Asset Mortgage check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Western Asset's history and understand the potential risks before investing.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |