Western Asset Global Etf Market Value
| GDO Etf | USD 11.55 0.01 0.09% |
| Symbol | Western |
Understanding Western Asset Global requires distinguishing between market price and book value, where the latter reflects Western's accounting equity. The concept of intrinsic value - what Western Asset's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Western Asset's price substantially above or below its fundamental value.
Please note, there is a significant difference between Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Western Asset's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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 etf 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.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in Western Asset on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding Western Asset Global or generate 0.0% return on investment in Western Asset over 90 days. Western Asset is related to or competes with Western Asset, Royce Global, Gabelli Convertible, Pcm Fund, North Star, Hennessy Large, and Saat Tax. Western Asset Global Corporate Defined 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 etf 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 Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5751 | |||
| Information Ratio | 0.0051 | |||
| Maximum Drawdown | 2.39 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.9442 |
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 | 0.0699 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | 0.0152 | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | 0.2623 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Western Asset February 19, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0699 | |||
| Market Risk Adjusted Performance | 0.2723 | |||
| Mean Deviation | 0.3696 | |||
| Semi Deviation | 0.404 | |||
| Downside Deviation | 0.5751 | |||
| Coefficient Of Variation | 1053.85 | |||
| Standard Deviation | 0.5197 | |||
| Variance | 0.2701 | |||
| Information Ratio | 0.0051 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | 0.0152 | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | 0.2623 | |||
| Maximum Drawdown | 2.39 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.9442 | |||
| Downside Variance | 0.3307 | |||
| Semi Variance | 0.1632 | |||
| Expected Short fall | (0.44) | |||
| Skewness | 0.0927 | |||
| Kurtosis | 1.14 |
Western Asset Global Backtested Returns
As of now, Western Etf is very steady. Western Asset Global shows Sharpe Ratio of 0.0935, which attests that the etf had a 0.0935 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Asset Global, which you can use to evaluate the volatility of the etf. Please check out Western Asset's Market Risk Adjusted Performance of 0.2723, mean deviation of 0.3696, and Downside Deviation of 0.5751 to validate if the risk estimate we provide is consistent with the expected return of 0.0458%. The entity maintains a market beta of 0.15, 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 | -0.05 |
Very weak reverse predictability
Western Asset Global has very weak reverse predictability. Overlapping area represents the amount of predictability between Western Asset time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th 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 Global price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Western Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 Etf
Moving against Western Etf
| 0.34 | XLU | Utilities Select Sector Aggressive Push | 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 Global 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 Global 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 Etf
Western Asset financial ratios help investors to determine whether Western Etf 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.