Western Asset Total Etf Technical Analysis
| WBND Etf | USD 19.68 0.06 0.30% |
As of the 1st of February, Western Asset maintains the Mean Deviation of 0.2762, market risk adjusted performance of (0.14), and Standard Deviation of 0.3773. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Asset Total, as well as the relationship between them. Please check out Western Asset Total market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Western Asset Total is priced fairly, providing market reflects its latest price of 19.68 per share.
Western Asset Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Western, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WesternWestern |
Western Asset technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Western Asset Total Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Western Asset Total volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Western Asset Total Trend Analysis
Use this graph to draw trend lines for Western Asset Total. You can use it to identify possible trend reversals for Western Asset as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Western Asset price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Western Asset Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Western Asset Total applied against its price change over selected period. The best fit line has a slop of 0.0059 , which may suggest that Western Asset Total market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.3, which is the sum of squared deviations for the predicted Western Asset price change compared to its average price change.About Western Asset Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Western Asset Total on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Western Asset Total based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Western Asset Total price pattern first instead of the macroeconomic environment surrounding Western Asset Total. By analyzing Western Asset's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Western Asset's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Western Asset specific price patterns or momentum indicators. Please read more on our technical analysis page.
Western Asset February 1, 2025 Technical Indicators
Most technical analysis of Western 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 0.2762 | |||
| Coefficient Of Variation | (4,081) | |||
| Standard Deviation | 0.3773 | |||
| Variance | 0.1423 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 1.83 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.6612 | |||
| Skewness | 0.5961 | |||
| Kurtosis | 1.2 |
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.