Western Asset Total Etf Performance
| WBND Etf | USD 19.68 0.06 0.30% |
The entity maintains a market beta of 0.13, 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.
Risk-Adjusted Performance
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Over the last 90 days Western Asset Total has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Western Asset is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 11/15/2024 |
2 | Trend Tracker for - Stock Traders Daily | 12/17/2024 |
3 | Empower drops Western Asset as subadvisor on 1.3bn fund - Citywire | 01/23/2025 |
| In Threey Sharp Ratio | -0.90 |
Western |
Western Asset Relative Risk vs. Return Landscape
If you would invest 1,979 in Western Asset Total on November 3, 2024 and sell it today you would lose (11.00) from holding Western Asset Total or give up 0.56% of portfolio value over 90 days. Western Asset Total is currently does not generate positive expected returns and assumes 0.377% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of etfs are less volatile than Western, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Western Asset Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Asset's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Western Asset Total, and traders can use it to determine the average amount a Western Asset's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0224
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| Negative Returns | WBND |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Western Asset is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Asset by adding Western Asset to a well-diversified portfolio.
Western Asset Fundamentals Growth
Western Etf prices reflect investors' perceptions of the future prospects and financial health of Western Asset, and Western Asset fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Western Etf performance.
| Total Asset | 35.14 M | |||
About Western Asset Performance
By analyzing Western Asset's fundamental ratios, stakeholders can gain valuable insights into Western Asset's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Western Asset has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Western Asset has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal market conditions, the fund will seek its investment objective by investing at least 80 percent of its assets in a portfolio comprised of fixed income securities, debt instruments, derivatives, equity securities of any type acquired in reorganizations of issuers of fixed income securities or debt instruments , non-convertible preferred securities, warrants, cash and cash equivalents, foreign currencies, and exchange-traded funds that provide exposure to these investments. Western Asset is traded on NASDAQ Exchange in the United States.| Western Asset Total generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Empower drops Western Asset as subadvisor on 1.3bn fund - Citywire | |
| Western Asset Total created five year return of -2.0% | |
| This fund keeps about 22.68% of its net assets in bonds |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Total. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Western Asset Total is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Asset's market value can be influenced by many factors that don't directly affect Western Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, Western Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.