Western Asset Competition

SGSYX Fund

USD 8.18 0.01 0.12%

Western Asset Mortgage competes with Putnman Retirement, Franklin Lifesmart, Blackrock Moderate, Qs Moderate, and Pro Blend; as well as few others. The fund is listed under Intermediate Core-Plus Bond category and is part of Franklin Templeton Investments family. Analyzing Western Asset competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Western Asset to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Western Asset Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Western Asset competition on your existing holdings.

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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.

Hype

Prediction

Low	Estimated	High
7.85	8.18	8.51

Details

Intrinsic

Valuation

Low	Real	High
7.81	8.14	8.47

Details

Western Asset Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Western Asset and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Western and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Western Asset Mortgage does not affect the price movement of the other competitor.

	PRRTX	FRTCX	BIMPX	LLMRX	EXBAX	TCTZX	SCGCX	FHRVX
PRRTX		0.85	0.89	0.67	0.58	0.98	0.68	0.81	PRRTX
FRTCX	0.85		0.84	0.59	0.62	0.83	0.59	0.86	FRTCX
BIMPX	0.89	0.84		0.68	0.49	0.9	0.69	0.68	BIMPX
LLMRX	0.67	0.59	0.68		0.13	0.77	1.0	0.26	LLMRX
EXBAX	0.58	0.62	0.49	0.13		0.47	0.15	0.7	EXBAX
TCTZX	0.98	0.83	0.9	0.77	0.47		0.77	0.74	TCTZX
SCGCX	0.68	0.59	0.69	1.0	0.15	0.77		0.27	SCGCX
FHRVX	0.81	0.86	0.68	0.26	0.7	0.74	0.27		FHRVX
	PRRTX	FRTCX	BIMPX	LLMRX	EXBAX	TCTZX	SCGCX	FHRVX

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Risk-Adjusted Indicators

There is a big difference between Western Mutual Fund performing well and Western Asset Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Western Asset's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PRRTX	0.28	(0.03)	0.00	(0.92)	0.00	0.00	0.55	(0.58)	2.27
FRTCX	0.24	(0.05)	0.00	(0.56)	0.00	0.00	0.38	(0.57)	1.99
BIMPX	0.30	(0.07)	0.00	(1.47)	0.00	0.00	0.67	(0.60)	2.54
LLMRX	0.41	0.01	(0.04)	0.23	0.55	(0.50)	0.86	(0.70)	4.03
EXBAX	0.36	(0.10)	0.00	(1.38)	0.00	0.00	0.43	(0.68)	5.46
TCTZX	0.27	(0.02)	0.00	(0.68)	0.00	0.00	0.49	(0.60)	2.05
SCGCX	0.41	0.01	(0.04)	0.23	0.55	(0.49)	0.87	(0.71)	4.02
FHRVX	0.25	(0.04)	0.00	(0.54)	0.00	0.00	0.55	(0.52)	2.11

Unable to evaluate fundamental data of [PRRTX, FRTCX, BIMPX, LLMRX, EXBAX, TCTZX, SCGCX, FHRVX] at this time. Please try again later

All Fundamental Data

Western Asset Competitive Analysis

The better you understand Western Asset competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Western Asset's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Western Asset's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	SGSYX	PRRTX	FRTCX	BIMPX	LLMRX	EXBAX	TCTZX	SCGCX	FHRVX
	0.12 8.18 Western	0.39 25.81 Putnman	1.24 10.39 Franklin	2.86 12.89 Blackrock	0.69 17.39 LLMRX	0.36 14.12 Pro	0.36 8.26 Transamerica	0.71 18.41 SCGCX	0.02 54.05 Fidelity
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Weak	Very Weak	Very Weak	Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold	Cautious Hold
Net Asset	499.75 M	200.66 M	45.48 M	610.72 M	490.16 M	390.21 M	57.27 M	490.16 M	5.63 M
Minimum Initial Investment	N/A	N/A	N/A	2 M	N/A	N/A	N/A	N/A	N/A
Price To Book	N/A	2.05	1.5	2.11	2.07	3.57	N/A	1.94	N/A
Five Year Return	-0.78	5.05	3.31	5.31	7.12	4.67	3.88	6.82	3.96
One Year Return	3.12	10.75	8.63	10.05	16.7	7.6	8.96	15.51	7.16
Last Dividend Paid	0.03	0.4	0.03	0.18	N/A	0.02	0.06	N/A	0.02
Price To Earning	N/A	16.11	16.27	17.45	16.59	23.69	N/A	16.16	N/A
Price To Sales	N/A	1.17	0.92	1.42	1.24	2.68	N/A	1.18	N/A
Cash Position Weight	0.28	15.67	8.68	13.26	4.77	5.82	7.16	4.77	5.0
Equity Positions Weight	N/A	28.52	25.92	41.7	73.89	34.49	32.44	73.89	35.85
Three Year Return	-2.47	4.85	1.93	2.1	5.54	0.9	1.47	4.57	0.89
Annual Yield	0.0047	0.0244	0.0439	0.0267	0.0114	0.0173	0.0249	0.0064	0.0295
Year To Date Return	2.79	9.73	7.65	9.15	15.02	6.51	7.86	15.02	6.3
Bond Positions Weight	1.51	36.65	14.43	43.62	3.72	3.87	59.5	3.72	7.08
Ten Year Return	4.37	6.98	4.35	7.89	6.97	6.21	N/A	6.56	7.51
Daily Balance Of Power	9.2 T	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	9.2 T
Day Typical Price	8.18	25.81	10.39	12.89	17.39	14.12	8.26	18.41	54.05
Period Momentum Indicator	0.01	0.1	(0.13)	(0.38)	0.12	0.05	0.03	0.13	0.01
Rate Of Daily Change	1.0	1.0	0.99	0.97	1.01	1.0	1.0	1.01	1.0
Day Median Price	8.18	25.81	10.39	12.89	17.39	14.12	8.26	18.41	54.05
Price Action Indicator	0.005	0.05	(0.07)	(0.19)	0.06	0.025	0.015	0.065	0.005
Coefficient Of Variation	(604.54)	(2,040)	(1,045)	(959.79)	2089.11	(768.98)	(3,415)	2130.31	(1,131)
Mean Deviation	0.2375	0.2832	0.2399	0.3015	0.413	0.3574	0.2684	0.4091	0.2473
Jensen Alpha	(0.07)	(0.03)	(0.05)	(0.07)	0.0147	(0.10)	(0.02)	0.0141	(0.04)
Total Risk Alpha	(0.08)	(0.05)	(0.06)	(0.09)	(0.01)	(0.14)	(0.04)	(0.01)	(0.06)
Sortino Ratio	N/A	N/A	N/A	N/A	(0.04)	N/A	N/A	(0.04)	N/A
Downside Variance	N/A	N/A	N/A	N/A	0.4414	N/A	N/A	0.4545	N/A
Standard Deviation	0.3266	0.3783	0.3405	0.5187	0.5864	0.6859	0.3534	0.5841	0.3387
Kurtosis	1.67	2.15	5.03	13.75	4.32	30.54	2.85	4.23	2.54
Potential Upside	0.3645	0.5475	0.3817	0.6711	0.8611	0.4289	0.4884	0.8677	0.5459
Treynor Ratio	(0.80)	(0.92)	(0.56)	(1.47)	0.2296	(1.38)	(0.68)	0.2274	(0.54)
Maximum Drawdown	1.82	2.27	1.99	2.54	4.03	5.46	2.05	4.02	2.11
Variance	0.1067	0.1431	0.1159	0.269	0.3438	0.4704	0.1249	0.3412	0.1147
Market Risk Adjusted Performance	(0.79)	(0.91)	(0.55)	(1.46)	0.2396	(1.37)	(0.67)	0.2374	(0.53)
Risk Adjusted Performance	(0.15)	(0.05)	(0.09)	(0.09)	0.0345	(0.10)	(0.04)	0.0337	(0.08)
Skewness	(0.04)	(0.64)	(1.60)	(2.80)	(0.90)	(4.80)	(1.00)	(0.86)	(0.62)
Semi Deviation	N/A	N/A	N/A	N/A	0.5497	N/A	N/A	0.5478	N/A
Information Ratio	(0.33)	(0.19)	(0.25)	(0.21)	(0.04)	(0.21)	(0.18)	(0.04)	(0.25)
Value At Risk	(0.60)	(0.58)	(0.57)	(0.60)	(0.70)	(0.68)	(0.60)	(0.71)	(0.52)
Expected Short fall	N/A	N/A	N/A	N/A	(0.50)	N/A	N/A	(0.49)	N/A
Downside Deviation	N/A	N/A	N/A	N/A	0.6644	N/A	N/A	0.6741	N/A
Semi Variance	N/A	N/A	N/A	N/A	0.3022	N/A	N/A	0.3001	N/A

Western Asset Competition Performance Charts

Five steps to successful analysis of Western Asset Competition

Western Asset's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Western Asset Mortgage in relation to its competition. Western Asset's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Western Asset in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Western Asset's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Western Asset Mortgage, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Western Asset position

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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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