Legg Mason Partners Fund Net Asset
| SMGXX Fund | USD 1.00 0.00 0.00% |
Legg Mason Partners fundamentals help investors to digest information that contributes to Legg Mason's financial success or failures. It also enables traders to predict the movement of Legg Money Market Fund. The fundamental analysis module provides a way to measure Legg Mason's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Legg Mason money market fund.
Legg |
Legg Mason Partners Money Market Fund Net Asset Analysis
Legg Mason's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Legg Mason Net Asset | 2.23 B |
Most of Legg Mason's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Legg Mason Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Based on the recorded statements, Legg Mason Partners has a Net Asset of 2.23 B. This is much higher than that of the family and significantly higher than that of the Net Asset category. The net asset for all United States funds is notably lower than that of the firm.
Legg Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Legg Mason's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the money market funds which would be a good addition to a portfolio. Peer analysis of Legg Mason could also be used in its relative valuation, which is a method of valuing Legg Mason by comparing valuation metrics of similar companies.Legg Mason is currently under evaluation in net asset among similar funds.
Legg Fundamentals
| Annual Yield | 0.04 % | |||
| Net Asset | 2.23 B |
About Legg Mason Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Legg Mason Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legg Mason using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legg Mason Partners based on its fundamental data. In general, a quantitative approach, as applied to this money market fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Legg Money Market Fund
Legg Mason financial ratios help investors to determine whether Legg Money Market 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 Legg with respect to the benefits of owning Legg Mason security.
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