Western Asset Investment Stock Price Prediction

IGI Stock  USD 16.62  0.01  0.06%   
As of 22nd of November 2024, the relative strength index (RSI) of Western Asset's share price is approaching 41. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Western Asset, making its price go up or down.

Oversold Vs Overbought

41

 
Oversold
 
Overbought
The successful prediction of Western Asset's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Western Asset Investment, which may create opportunities for some arbitrage if properly timed.
Using Western Asset hype-based prediction, you can estimate the value of Western Asset Investment from the perspective of Western Asset response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Western Asset to buy its stock at a price that has no basis in reality. In that case, they are not buying Western because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Western Asset after-hype prediction price

    
  USD 16.63  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Western Asset Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
16.4316.9417.45
Details
Naive
Forecast
LowNextHigh
15.9216.4316.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.4916.7216.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Western Asset. Your research has to be compared to or analyzed against Western Asset's peers to derive any actionable benefits. When done correctly, Western Asset's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Western Asset Investment.

Western Asset After-Hype Price Prediction Density Analysis

As far as predicting the price of Western Asset at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Western Asset or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Western Asset, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Western Asset Estimiated After-Hype Price Volatility

In the context of predicting Western Asset's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Western Asset's historical news coverage. Western Asset's after-hype downside and upside margins for the prediction period are 16.12 and 17.14, respectively. We have considered Western Asset's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
16.62
16.63
After-hype Price
17.14
Upside
Western Asset is very steady at this time. Analysis and calculation of next after-hype price of Western Asset Investment is based on 3 months time horizon.

Western Asset Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Western Asset is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Asset backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Western Asset, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.09 
0.51
 0.00  
 0.00  
6 Events / Month
7 Events / Month
In about 6 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
16.62
16.63
0.00 
1,020  
Notes

Western Asset Hype Timeline

On the 22nd of November Western Asset Investment is traded for 16.62. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Western is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at -0.09%. %. The volatility of related hype on Western Asset is about 5905.26%, with the expected price after the next announcement by competition of 16.62. About 37.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.96. Some equities with similar Price to Book (P/B) outperform the market in the long run. Western Asset Investment last dividend was issued on the 23rd of October 2023. Considering the 90-day investment horizon the next forecasted press release will be in about 6 days.
Check out Western Asset Basic Forecasting Models to cross-verify your projections.

Western Asset Related Hype Analysis

Having access to credible news sources related to Western Asset's direct competition is more important than ever and may enhance your ability to predict Western Asset's future price movements. Getting to know how Western Asset's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Western Asset may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
PHDPioneer Floating Rate(0.02)5 per month 0.27 (0.26) 0.52 (0.61) 1.44 
GAB-PGThe Gabelli Equity 0.00 0 per month 0.77 (0.02) 1.53 (1.22) 5.27 
MAVPioneer Municipal High 0.11 8 per month 0.63 (0.15) 0.81 (1.04) 4.54 
JGHNuveen Global High 0.03 3 per month 0.39 (0.11) 0.79 (0.86) 3.00 
HIOWestern Asset High(0.01)1 per month 0.40 (0.09) 1.27 (1.01) 2.84 
GDOWestern Asset Global(0.08)3 per month 0.00 (0.47) 0.51 (0.98) 2.01 
EHIWestern Asset Global(0.09)1 per month 0.00 (0.19) 1.19 (1.17) 3.14 
EEAEuropean Equity Closed(0.06)1 per month 0.00 (0.27) 1.12 (1.70) 4.08 
HTYJohn Hancock Tax Advantaged 0.00 0 per month 0.68 (0.08) 1.37 (1.35) 3.51 
MHIPioneer Municipal High 0.02 7 per month 0.54 (0.17) 0.75 (1.05) 2.78 
JLSNuveen Mortgage Opportunity(0.07)3 per month 0.39 (0.14) 0.79 (0.72) 2.17 
MFMMFS Municipal Income 0.05 4 per month 0.00 (0.21) 0.89 (1.06) 2.71 
RMPL-PRiverNorth Specialty Finance 0.00 0 per month 0.00 (1.16) 0.12 (0.08) 0.60 
GGT-PEThe Gabelli Multimedia 0.00 0 per month 0.62 (0.07) 1.44 (0.99) 5.53 
GAB-PHThe Gabelli Equity 0.00 0 per month 0.36  0  1.17 (0.93) 3.34 
NCV-PAVirtus AllianzGI Convertible 0.00 0 per month 0.66 (0.12) 1.08 (1.21) 3.97 
TY-PTri Continental PFD 0.00 0 per month 0.00 (0.19) 1.05 (1.09) 4.15 
CXHMFS Investment Grade(0.01)5 per month 0.38 (0.18) 0.62 (0.62) 2.10 
CBHCBH 0.01 2 per month 0.00 (0.38) 0.22 (0.22) 0.78 
IHTAInvesco High Income 0.02 1 per month 0.26 (0.12) 0.68 (0.28) 2.03 
FMNFederated Premier Municipal(0.01)2 per month 0.00 (0.23) 1.06 (1.49) 5.09 
NXCNuveen California Select(0.08)4 per month 0.00 (0.23) 0.94 (0.94) 2.82 

Western Asset Additional Predictive Modules

Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Western Asset Predictive Indicators

The successful prediction of Western Asset stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Western Asset Investment, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Western Asset based on analysis of Western Asset hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Western Asset's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Western Asset's related companies.
 2021 2022 2023 2024 (projected)
Payables Turnover0.891.621.461.04
Days Of Inventory On Hand984.531.2K1.1K825.46

Story Coverage note for Western Asset

The number of cover stories for Western Asset depends on current market conditions and Western Asset's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Asset is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Western Asset's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Western Asset Short Properties

Western Asset's future price predictability will typically decrease when Western Asset's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Western Asset Investment often depends not only on the future outlook of the potential Western Asset's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Western Asset's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding10.8 M
Cash And Short Term Investments1.4 M

Complementary Tools for Western Stock analysis

When running Western Asset's price analysis, check to measure Western Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Asset is operating at the current time. Most of Western Asset's value examination focuses on studying past and present price action to predict the probability of Western Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Asset's price. Additionally, you may evaluate how the addition of Western Asset to your portfolios can decrease your overall portfolio volatility.
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