Western Asset Premier Etf Performance
| WEA Etf | USD 11.19 0.04 0.36% |
The entity maintains a market beta of -0.0285, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Western Asset are expected to decrease at a much lower rate. During the bear market, Western Asset is likely to outperform the market.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Western Asset Premier are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, Western Asset is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Western Asset Premier Bond Fund to Issue Monthly Dividend of 0.07 | 11/19/2024 |
2 | Insider Trading | 12/03/2024 |
| Expense Ratio | 0.7000 |
Western |
Western Asset Relative Risk vs. Return Landscape
If you would invest 1,096 in Western Asset Premier on September 14, 2024 and sell it today you would earn a total of 23.00 from holding Western Asset Premier or generate 2.1% return on investment over 90 days. Western Asset Premier is generating 0.035% of daily returns assuming volatility of 0.6503% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than Western, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Western Asset Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Asset's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Western Asset Premier, and traders can use it to determine the average amount a Western Asset's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0539
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| Negative Returns | WEA |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Western Asset is performing at about 4% of its full potential. 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 it to a well-diversified portfolio.
Western Asset Fundamentals Growth
Western Etf prices reflect investors' perceptions of the future prospects and financial health of Western Asset, and Western Asset fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Western Etf performance.
| Return On Equity | -19.65 | ||||
| Return On Asset | 2.97 | ||||
| Profit Margin | (245.53) % | ||||
| Operating Margin | 87.39 % | ||||
| Current Valuation | 188.02 M | ||||
| Shares Outstanding | 11.86 M | ||||
| Price To Earning | 10.73 X | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 9.94 X | ||||
| Revenue | 12.39 M | ||||
| Cash And Equivalents | 346.06 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 70.42 M | ||||
| Debt To Equity | 0.52 % | ||||
| Book Value Per Share | 14.85 X | ||||
| Cash Flow From Operations | 9.1 M | ||||
| Earnings Per Share | 0.97 X | ||||
About Western Asset Performance
By analyzing Western Asset's fundamental ratios, stakeholders can gain valuable insights into Western Asset's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Western Asset has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Western Asset has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade bonds, including corporate bonds, U.S. government and agency securities, and mortgage related securities. It seeks to maintain an average duration of around two to three years with an average credit quality of BBB. The fund benchmarks the performance of its portfolio against the Barclays Capital U.S. Corporate High Yield Index and the Barclays Capital U.S. Credit Index. Western Asset Premier Bond Fund was formed on March 28, 2002 and is domiciled in the United States.| Western Asset Premier has 70.42 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Western Asset Premier has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Western Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Western Asset's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Western Asset Premier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Asset's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 12.39 M. Reported Net Loss for the year was (30.42 M) with profit before taxes, overhead, and interest of 12.4 M. | |
| About 55.0% of Western Asset outstanding shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Insider Trading | |
| The fund generated three year return of 0.0% |
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.