Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2024 - StockTitan
MMU Fund | USD 10.62 0.02 0.19% |
Slightly above 62% of Western Asset's investor base is looking to short. The analysis of overall sentiment of trading Western Asset Managed fund suggests that many investors are alarmed at this time. Western Asset's investing sentiment can be driven by a variety of factors including economic data, Western Asset's earnings reports, geopolitical events, and overall market trends.
Western |
Western Asset Managed Municipals Fund Inc. Announces Financial Position as of August 31, 2024 StockTitan
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Western Asset Fundamental Analysis
We analyze Western Asset's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Asset based on its fundamental data. In general, a quantitative approach, as applied to this 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.
Current Valuation
Current Valuation Comparative Analysis
Western Asset is currently under evaluation in current valuation among similar funds. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Western Asset Managed Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Western Asset fund to make a market-neutral strategy. Peer analysis of Western Asset could also be used in its relative valuation, which is a method of valuing Western Asset by comparing valuation metrics with similar companies.
Peers
Western Asset Related Equities
CMU | MFS High | 0.55 | ||||
MHD | Blackrock Muniholdings | 0.48 | ||||
JHS | John Hancock | 0.43 | ||||
GGT-PE | Gabelli Multimedia | 0.26 | ||||
DTF | DTF Tax | 0.18 | ||||
NRK | Nuveen New | 0.18 | ||||
MQT | Blackrock Muniyield | 0.09 | ||||
MUE | Blackrock Muniholdings | 0.09 | ||||
NAN | Nuveen New | 0.09 | ||||
MHN | Blackrock Muniholdings | 0.09 | ||||
MHF | Western Asset | 0.14 | ||||
MVF | Munivest Fund | 0.40 | ||||
NXC | Nuveen California | 0.44 | ||||
KTF | DWS Municipal | 0.50 | ||||
CXE | MFS High | 0.52 |
Other Information on Investing in Western Fund
Western Asset financial ratios help investors to determine whether Western 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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