Western Asset Global Etf Price on October 1, 2024

GDO Etf  USD 11.19  0.05  0.45%   
Below is the normalized historical share price chart for Western Asset Global extending back to November 24, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Asset stands at 11.19, as last reported on the 25th of December, with the highest price reaching 11.19 and the lowest price hitting 11.05 during the day.
 
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If you're considering investing in Western Etf, it is important to understand the factors that can impact its price. Western Asset Global shows Sharpe Ratio of -0.25, which attests that the etf had a -0.25% return per unit of risk over the last 3 months. Western Asset Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Western Asset's Mean Deviation of 0.5191, market risk adjusted performance of (0.51), and Standard Deviation of 0.6636 to validate the risk estimate we provide.
  
Western Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2459

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Estimated Market Risk

 0.68
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.25
  actual daily
0
Most of other assets perform better
Based on monthly moving average Western Asset is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Asset by adding Western Asset to a well-diversified portfolio.
Market Capitalization
218.8 M

Related Headline

Doubleline Opportunistic Headline on 1st of October 2024

Filed transaction by Doubleline Opportunistic Credit Other: Trustee. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Western Asset Valuation on October 1, 2024

It is possible to determine the worth of Western Asset on a given historical date. On October 1, 2024 Western was worth 12.54 at the beginning of the trading date compared to the closed value of 12.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western Asset etf. Still, in general, we apply an absolute valuation method to find Western Asset's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Western Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western Asset's related companies.
 Open High Low Close Volume
  12.52    12.53    12.46    12.47    79,554  
10/01/2024
  12.54    12.54    12.48    12.49    34,692  
  12.49    12.50    12.38    12.41    59,025  
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Open Value
12.54
12.49
Closing Value
14.58
Upside

Western Asset Trading Date Momentum on October 1, 2024

On October 02 2024 Western Asset Global was traded for  12.41  at the closing time. Highest Western Asset's price during the trading hours was 12.50  and the lowest price during the day was  12.38 . The net volume was 59 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.64% . The trading price change to current price is 4.16% .

Western Asset Global Fundamentals Correlations and Trends

By evaluating Western Asset's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Western Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Western Asset Etf history

Western Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Asset Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Asset stock prices may prove useful in developing a viable investing in Western Asset
Western Asset Global Corporate Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited. It invests in the fixed income markets across the globe. The fund invests in investment grade debt securities. It employs intensive proprietary research to create its portfolio. The fund benchmarks the performance of its portfolio against the Barclays Capital Global Aggregate Corporate Index. It was formerly known as Western Asset Global Credit Defined Opportunity Fund Inc. Western Asset Global Corporate Defined Opportunity Fund Inc. was formed on September 17, 2009 and is domiciled in the United States.

Western Asset Etf Technical Analysis

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.
A focus of Western Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Western Asset trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Western Asset Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Western Asset Global cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Western Asset December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Western Asset etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Asset shares will generate the highest return on investment. By undertsting and applying Western Asset etf market strength indicators, traders can identify Western Asset Global entry and exit signals to maximize returns

Western Asset Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Western Asset's price direction in advance. Along with the technical and fundamental analysis of Western Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Western Etf

Western Asset financial ratios help investors to determine whether Western Etf 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.