Western Asset Financials
| WAYRX Fund | USD 6.97 0.00 0.00% |
Western |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Western Asset Fund Summary
Western Asset competes with Health Biotchnology, Baillie Gifford, Alphacentric Lifesci, Fidelity Advisor, and Health Biotchnology. The fund normally invests at least 80 percent of its net assets in U.S. dollar denominated debt or fixed income securities that are rated below investment grade at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations or are of a comparable quality as determined by the subadviser. Western Asset is traded on NASDAQ Exchange in the United States.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Western Asset Funds |
| Mutual Fund Family | Legg Mason |
| Mutual Fund Category | High Yield Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 877 721 1926 |
| Currency | USD - US Dollar |
Western Asset Key Financial Ratios
Western Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Western Asset's current stock value. Our valuation model uses many indicators to compare Western Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Asset competition to find correlations between indicators driving Western Asset's intrinsic value. More Info.Western Asset High is presently regarded as number one fund in price to earning among similar funds. It also is presently regarded as number one fund in price to book among similar funds fabricating about 0.06 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Western Asset High is roughly 15.80 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Asset's earnings, one of the primary drivers of an investment's value.Western Asset High Systematic Risk
Western Asset's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Asset volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Western Asset High correlated with the market. If Beta is less than 0 Western Asset generally moves in the opposite direction as compared to the market. If Western Asset Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Asset High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Asset is generally in the same direction as the market. If Beta > 1 Western Asset moves generally in the same direction as, but more than the movement of the benchmark.
Western Asset December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Western Asset help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Asset High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Asset High 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 Asset's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1835 | |||
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 0.8646 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.4335 |
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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