Western Asset High Fund Number Of Shares Shorted
HIO Fund | USD 3.95 0.03 0.77% |
Western Asset High fundamentals help investors to digest information that contributes to Western Asset's financial success or failures. It also enables traders to predict the movement of Western Fund. The fundamental analysis module provides a way to measure Western Asset's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Western Asset fund.
Western |
Western Asset High Fund Number Of Shares Shorted Analysis
Western Asset's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Western Asset Number Of Shares Shorted | 66.86 K |
Most of Western Asset's fundamental indicators, such as Number Of Shares Shorted, 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 High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Competition |
Based on the recorded statements, Western Asset High has 66.86 K of outstending shares currently sold short by investors. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The number of shares shorted for all United States funds is notably lower than that of the firm.
Western Number Of Shares Shorted 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 Number Of Shares Shorted 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 number of shares shorted among similar funds.
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 | 5.06 % | ||||
One Year Return | 11.78 % | ||||
Three Year Return | 0.25 % | ||||
Five Year Return | 2.62 % | ||||
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.Moving against Western Fund
0.36 | MRK | Merck Company Fiscal Year End 6th of February 2025 | 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 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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