Western Asset Mortgage Fund Current Valuation
| DMO Fund | USD 12.00 0.06 0.50% |
Valuation analysis of Western Asset Mortgage helps investors to measure Western Asset's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Western Asset's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Western Asset Mortgage maintains a prevalent Real Value of $11.96 per share. The last-minute price of the fund is $12.0. We determine the value of Western Asset Mortgage from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage obtaining undervalued funds and abandoning overvalued funds since, at some point, fund prices and their ongoing real values will grow together.
Since Western Asset is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Western Fund. However, Western Asset's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.0 | Real 11.96 | Hype 12.0 | Naive 12.01 |
The intrinsic value of Western Asset's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Western Asset's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Western Asset Mortgage helps investors to forecast how Western fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Western Asset more accurately as focusing exclusively on Western Asset's fundamentals will not take into account other important factors: Western Asset Mortgage Fund Current Valuation Analysis
Western Asset's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Western Asset Current Valuation | 205.85 M |
Most of Western Asset's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Western Asset Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Western Asset Mortgage has a Current Valuation of 205.85 M. This is much higher than that of the Delaware Funds by Macquarie family and significantly higher than that of the Asset Management category. The current valuation for all United States funds is notably lower than that of the firm.
Western Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Western Asset's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Western Asset could also be used in its relative valuation, which is a method of valuing Western Asset by comparing valuation metrics of similar companies.Western Asset is currently under evaluation in current valuation among similar funds.
Western Fundamentals
| Return On Equity | -3.99 | ||||
| Return On Asset | 3.04 | ||||
| Profit Margin | (43.80) % | ||||
| Operating Margin | 82.53 % | ||||
| Current Valuation | 205.85 M | ||||
| Shares Outstanding | 11.33 M | ||||
| Shares Owned By Institutions | 44.73 % | ||||
| Number Of Shares Shorted | 6.55 K | ||||
| Price To Earning | 6.07 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 8.72 X | ||||
| Revenue | 14.51 M | ||||
| Gross Profit | 13.49 M | ||||
| Net Income | (6.36 M) | ||||
| Cash And Equivalents | 5.74 K | ||||
| Total Debt | 84.31 M | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | 14.97 X | ||||
| Cash Flow From Operations | (14.44 M) | ||||
| Short Ratio | 0.19 X | ||||
| Earnings Per Share | (2.70) X | ||||
| Number Of Employees | 13 | ||||
| Beta | 0.61 | ||||
| Market Capitalization | 145.11 M | ||||
| Total Asset | 26.73 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 12.50 % | ||||
| One Year Return | 16.33 % | ||||
| Three Year Return | 2.61 % | ||||
| Five Year Return | 0.66 % | ||||
| Net Asset | 568.68 M | ||||
| Last Dividend Paid | 1.2 |
About Western Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Asset Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Asset Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Western Asset
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Western Asset position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Western Asset will appreciate offsetting losses from the drop in the long position's value.Moving together with Western Fund
| 0.75 | OASVX | Optimum Small Mid | PairCorr |
| 0.7 | WASAX | Ivy Asset Strategy | PairCorr |
| 0.79 | OCLVX | Optimum Large Cap | PairCorr |
Moving against Western Fund
| 0.71 | DPCFX | Delaware Diversified | PairCorr |
| 0.68 | DPFFX | Delaware Diversified | PairCorr |
| 0.54 | DLHCX | Delaware Healthcare | PairCorr |
| 0.54 | DLHAX | Delaware Healthcare | PairCorr |
| 0.54 | DLRHX | Delaware Healthcare | PairCorr |
The ability to find closely correlated positions to Western Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Asset when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Western Asset - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Western Asset Mortgage to buy it.
The correlation of Western Asset is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Western Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Asset Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Western Asset can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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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