Western Asset High Fund Net Income
| HIO Fund | USD 3.78 0.01 0.27% |
As of the 8th of February, Western Asset maintains the Mean Deviation of 0.4111, downside deviation of 0.506, and Market Risk Adjusted Performance of 0.135. Western Asset High technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the fund's future prices.
Western Asset's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Western Asset's valuation are provided below:Market Capitalization 412.7 M |
Western |
Western Asset 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Western Asset's fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Western Asset.
| 11/10/2025 |
| 02/08/2026 |
If you would invest 0.00 in Western Asset on November 10, 2025 and sell it all today you would earn a total of 0.00 from holding Western Asset High or generate 0.0% return on investment in Western Asset over 90 days. Western Asset is related to or competes with Western Asset, John Hancock, Putnam Premier, BlackRock Floating, Allianzgi Convertible, Cullen International, and XAI Octagon. Western Asset High Income Opportunity Fund Inc More
Western Asset Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Western Asset's fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Western Asset High upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.506 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 2.18 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.8219 |
Western Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Asset's standard deviation. In reality, there are many statistical measures that can use Western Asset historical prices to predict the future Western Asset's volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.0101 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.125 |
Western Asset February 8, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0548 | |||
| Market Risk Adjusted Performance | 0.135 | |||
| Mean Deviation | 0.4111 | |||
| Semi Deviation | 0.3823 | |||
| Downside Deviation | 0.506 | |||
| Coefficient Of Variation | 1322.6 | |||
| Standard Deviation | 0.4992 | |||
| Variance | 0.2492 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | 0.0101 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.125 | |||
| Maximum Drawdown | 2.18 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.8219 | |||
| Downside Variance | 0.2561 | |||
| Semi Variance | 0.1461 | |||
| Expected Short fall | (0.51) | |||
| Skewness | 0.1913 | |||
| Kurtosis | (0.49) |
Western Asset High Backtested Returns
As of now, Western Fund is not too volatile. Western Asset High shows Sharpe Ratio of 0.0968, which attests that the fund had a 0.0968 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Asset High, which you can use to evaluate the volatility of the fund. Please check out Western Asset's Mean Deviation of 0.4111, downside deviation of 0.506, and Market Risk Adjusted Performance of 0.135 to validate if the risk estimate we provide is consistent with the expected return of 0.0489%. The entity maintains a market beta of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Asset is expected to be smaller as well.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Western Asset High has insignificant reverse predictability. Overlapping area represents the amount of predictability between Western Asset time series from 10th of November 2025 to 25th of December 2025 and 25th of December 2025 to 8th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Western Asset High price movement. The serial correlation of -0.18 indicates that over 18.0% of current Western Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Western Asset High reported net income of (12.02 Million). This is much lower than that of the Financial Services family and significantly lower than that of the Asset Management category. The net income for all United States funds is notably higher than that of the company.
Western Net Income 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 Net Income 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 net income among similar funds.
Western Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Asset's current stock value. Our valuation model uses many indicators to compare Western Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Asset competition to find correlations between indicators driving Western Asset's intrinsic value. More Info.Western Asset High is rated below average in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.03 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Western Asset High is roughly 36.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Asset's earnings, one of the primary drivers of an investment's value.Western Fundamentals
| Return On Equity | -2.44 | ||||
| Return On Asset | 3.81 | ||||
| Profit Margin | (34.19) % | ||||
| Operating Margin | 87.02 % | ||||
| Current Valuation | 355.07 M | ||||
| Shares Outstanding | 95.1 M | ||||
| Shares Owned By Institutions | 44.33 % | ||||
| Number Of Shares Shorted | 66.86 K | ||||
| Price To Earning | 28.39 X | ||||
| Price To Book | 0.77 X | ||||
| Price To Sales | 10.98 X | ||||
| Revenue | 35.16 M | ||||
| Gross Profit | 36.3 M | ||||
| Net Income | (12.02 M) | ||||
| Cash And Equivalents | 1.55 M | ||||
| Cash Per Share | 0.02 X | ||||
| Current Ratio | 1.52 X | ||||
| Book Value Per Share | 5.27 X | ||||
| Short Ratio | 0.28 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Number Of Employees | 16 | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 412.73 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 1.14 % | ||||
| One Year Return | 8.13 % | ||||
| Three Year Return | 6.33 % | ||||
| Five Year Return | 2.64 % | ||||
| Last Dividend Paid | 0.36 |
About Western Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Asset High'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 High 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.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 High 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 High 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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