Western Asset California Fund Market Value
| SCACX Fund | USD 14.26 0.01 0.07% |
| Symbol | 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 mutual 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.
| 12/01/2025 |
| 03/01/2026 |
If you would invest 0.00 in Western Asset on December 1, 2025 and sell it all today you would earn a total of 0.00 from holding Western Asset California or generate 0.0% return on investment in Western Asset over 90 days. Western Asset is related to or competes with Eaton Vance, Health Biotchnology, Blackrock Health, Invesco Global, Deutsche Health, Prudential Health, and Eventide Healthcare. The fund normally invests at least 80 percent of its assets in California municipal securities and other investments wit... 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 mutual 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 California upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2052 | |||
| Information Ratio | (0.57) | |||
| Maximum Drawdown | 0.712 | |||
| Value At Risk | (0.07) | |||
| Potential Upside | 0.2135 |
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 | 0.1686 | |||
| Jensen Alpha | 0.0215 | |||
| Total Risk Alpha | 0.0105 | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | (4.93) |
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 March 1, 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 | 0.1686 | |||
| Market Risk Adjusted Performance | (4.92) | |||
| Mean Deviation | 0.069 | |||
| Downside Deviation | 0.2052 | |||
| Coefficient Of Variation | 327.78 | |||
| Standard Deviation | 0.1022 | |||
| Variance | 0.0105 | |||
| Information Ratio | (0.57) | |||
| Jensen Alpha | 0.0215 | |||
| Total Risk Alpha | 0.0105 | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | (4.93) | |||
| Maximum Drawdown | 0.712 | |||
| Value At Risk | (0.07) | |||
| Potential Upside | 0.2135 | |||
| Downside Variance | 0.0421 | |||
| Semi Variance | (0.03) | |||
| Expected Short fall | (0.12) | |||
| Skewness | (0.84) | |||
| Kurtosis | 6.19 |
Western Asset California Backtested Returns
At this stage we consider Western Mutual Fund to be very steady. Western Asset California shows Sharpe Ratio of 0.27, which attests that the fund had a 0.27 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Western Asset California, which you can use to evaluate the volatility of the fund. Please check out Western Asset's Mean Deviation of 0.069, coefficient of variation of 327.78, and Market Risk Adjusted Performance of (4.92) to validate if the risk estimate we provide is consistent with the expected return of 0.0274%. The entity maintains a market beta of -0.0043, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Western Asset are expected to decrease at a much lower rate. During the bear market, Western Asset is likely to outperform the market.
Auto-correlation | 0.79 |
Good predictability
Western Asset California has good predictability. Overlapping area represents the amount of predictability between Western Asset time series from 1st of December 2025 to 15th of January 2026 and 15th of January 2026 to 1st of March 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 California price movement. The serial correlation of 0.79 indicates that around 79.0% of current Western Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Western Mutual Fund
Western Asset financial ratios help investors to determine whether Western Mutual 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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| Volatility Analysis Get historical volatility and risk analysis based on latest market data |