Western Assets Emerging Fund Statistic Functions Beta

XEMDX Fund  USD 10.69  0.05  0.47%   
Western Assets statistic functions tool provides the execution environment for running the Beta function and other technical functions against Western Assets. Western Assets value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Western Assets statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Western Assets Emerging correlated with the market. If Beta is less than 0 Western Assets generally moves in the opposite direction as compared to the market. If Western Assets Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Assets Emerging is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Assets is generally in the same direction as the market. If Beta > 1 Western Assets moves generally in the same direction as, but more than the movement of the benchmark.

Western Assets Technical Analysis Modules

Most technical analysis of Western Assets help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Western from various momentum indicators to cycle 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 Assets Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Western Assets Emerging. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Assets Emerging based on widely used predictive technical indicators. In general, we focus on analyzing Western Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Assets's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Western Assets's intrinsic value. In addition to deriving basic predictive indicators for Western Assets, we also check how macroeconomic factors affect Western Assets price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Assets' 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.
Hype
Prediction
LowEstimatedHigh
10.3710.6911.01
Details
Intrinsic
Valuation
LowRealHigh
10.3910.7111.03
Details

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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 Assets 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 Assets security.
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