Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2024 - StockTitan
| MMU Fund | USD 10.46 0.02 0.19% |
Slightly above 55% of Western Asset's investor base is interested to short. The analysis of overall sentiment of trading Western Asset Managed fund suggests that many investors are impartial at this time. Western Asset's investing sentiment can be driven by a variety of factors including economic data, Western Asset's earnings reports, geopolitical events, and overall market trends.
Western |
Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2024 StockTitan
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Western Asset Fundamental Analysis
We analyze Western Asset'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 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.
Price To Earning
Price To Earning Comparative Analysis
Western Asset is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Western Asset Managed Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Asset fund to make a market-neutral strategy. 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 with similar companies.
Peers
Western Asset Related Equities
| MHD | Blackrock Muniholdings | 0.82 | ||||
| MQT | Blackrock Muniyield | 0.78 | ||||
| KTF | DWS Municipal | 0.60 | ||||
| MHN | Blackrock Muniholdings | 0.56 | ||||
| MVF | Munivest Fund | 0.55 | ||||
| CMU | MFS High | 0.28 | ||||
| NAN | Nuveen New | 0.26 | ||||
| DTF | DTF Tax | 0.18 | ||||
| NRK | Nuveen New | 0.18 | ||||
| NXC | Nuveen California | 0.07 | ||||
| GGT-PE | Gabelli Multimedia | 0.17 | ||||
| CXE | MFS High | 0.26 | ||||
| MHF | Western Asset | 0.42 | ||||
| JHS | John Hancock | 0.52 | ||||
| MUE | Blackrock Muniholdings | 1.21 |
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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