Western Asset Total Etf Price on November 6, 2024
| WBND Etf | USD 20.10 0.05 0.25% |
Below is the normalized historical share price chart for Western Asset Total extending back to October 04, 2018. 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 20.10, as last reported on the 11th of December 2024, with the highest price reaching 20.11 and the lowest price hitting 20.07 during the day.
If you're considering investing in Western Etf, it is important to understand the factors that can impact its price. Western Asset Total shows Sharpe Ratio of -0.11, which attests that the etf had a -0.11% return per unit of risk over the last 3 months. Western Asset Total exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Western Asset's Mean Deviation of 0.2515, market risk adjusted performance of 4.51, and Standard Deviation of 0.3416 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.
3 y Volatility 10.98 | 200 Day MA 20.1497 | 1 y Volatility 8.11 | 50 Day MA 20.133 | Inception Date 2018-10-03 |
Western |
Sharpe Ratio = -0.1079
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Estimated Market Risk
| 0.34 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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.
Average Mkt Cap Mil No Data |
Western Asset Valuation on November 6, 2024
It is possible to determine the worth of Western Asset on a given historical date. On November 6, 2024 Western was worth 19.65 at the beginning of the trading date compared to the closed value of 19.77. 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 | |
| 19.83 | 19.89 | 19.03 | 19.89 | 4,433 | |
11/06/2024 | 19.65 | 19.77 | 19.62 | 19.77 | 13,676 |
| 19.87 | 19.95 | 19.86 | 19.95 | 38,809 |
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Western Asset Trading Date Momentum on November 6, 2024
| On November 07 2024 Western Asset Total was traded for 19.95 at the closing time. The top price for the day was 19.95 and the lowest listed price was 19.86 . The trading volume for the day was 38.8 K. The trading history from November 7, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.91% . The trading price change against the current closing price is 0.00% . |
Western Asset Total 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 Total 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
Under normal market conditions, the fund will seek its investment objective by investing at least 80 percent of its assets in a portfolio comprised of fixed income securities, debt instruments, derivatives, equity securities of any type acquired in reorganizations of issuers of fixed income securities or debt instruments , non-convertible preferred securities, warrants, cash and cash equivalents, foreign currencies, and exchange-traded funds that provide exposure to these investments. Western Asset is traded on NASDAQ Exchange 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.
Price Boundaries
Western Asset Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Western Asset Total cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 11, 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 Total 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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 4.5 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Asset Total. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Western Asset Total is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Asset's market value can be influenced by many factors that don't directly affect Western Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.