Western Asset Municipal Fund Cash Per Share
| MNPDelisted Fund | USD 11.84 0.00 0.00% |
Western Asset Municipal 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 Municipal Fund Cash Per Share Analysis
Western Asset's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Western Asset Cash Per Share | 0.01 X |
Most of Western Asset's fundamental indicators, such as Cash Per Share, 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 Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
CompetitionWestern Asset Cash Per Share Component Assessment
In accordance with the recently published financial statements, Western Asset Municipal has a Cash Per Share of 0.01 times. This is 99.97% lower than that of the Financial Services family and 99.94% lower than that of the Asset Management category. The cash per share for all United States funds is 99.8% higher than that of the company.
Western Cash Per Share 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 Cash Per Share 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 cash per share among similar funds.
Western Fundamentals
| Return On Equity | -11.15 | |||
| Return On Asset | 1.43 | |||
| Profit Margin | (237.01) % | |||
| Operating Margin | 69.01 % | |||
| Current Valuation | 190.91 M | |||
| Shares Outstanding | 9.72 M | |||
| Shares Owned By Institutions | 32.64 % | |||
| Number Of Shares Shorted | 3.21 K | |||
| Price To Earning | 17.51 X | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 14.71 X | |||
| Revenue | 8.12 M | |||
| Gross Profit | 8.37 M | |||
| Net Income | (19.3 M) | |||
| Cash And Equivalents | 63.19 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 67.69 M | |||
| Debt To Equity | 0.42 % | |||
| Current Ratio | 1.20 X | |||
| Book Value Per Share | 16.70 X | |||
| Cash Flow From Operations | 6.84 M | |||
| Short Ratio | 0.15 X | |||
| Earnings Per Share | 0.70 X | |||
| Number Of Employees | 13 | |||
| Beta | 0.31 | |||
| Market Capitalization | 119.45 M | |||
| Total Asset | 199.41 M | |||
| Retained Earnings | (21.39 M) | |||
| Z Score | 0.6 | |||
| Five Year Return | 4.48 % | |||
| Last Dividend Paid | 0.57 |
About Western Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Western Asset Municipal'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 Municipal 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
| 0.7 | NHS | Neuberger Berman High | PairCorr |
| 0.49 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.41 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.38 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.33 | XOM | Exxon Mobil Corp Fiscal Year End 7th 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 Municipal 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 Municipal 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Western Fund
If you are still planning to invest in Western Asset Municipal 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.
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