Western Asset Global High Income Fund Inc. Announces Financial Position as of August 31, 2024 - StockTitan

EHI Fund  USD 6.61  0.01  0.15%   
Under 61% of Western Asset's investor base is looking to short. The analysis of overall sentiment of trading Western Asset Global fund suggests that many investors are alarmed at this time. Western Asset's investing sentiment shows overall attitude of investors towards Western Asset Global.
  
Western Asset Global High Income 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.

Five Year Return

Five Year Return Comparative Analysis

Western Asset is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Western Asset Global 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

EEAEuropean Equity   0.48   
0%
43.0%
DHFBNY Mellon   0.39   
0%
35.0%
BGBBlackstone Gso   0.25   
0%
22.0%
HYIWestern Asset   0.17   
0%
15.0%
BGTBlackRock Floating   0.08   
0%
7.0%
FRABlackrock Floating   0.07   
6.0%
0%
HIOWestern Asset   0.25   
22.0%
0%
EADAllspring Income   0.29   
26.0%
0%
CHYCalamos Convertible   0.42   
37.0%
0%
HIXWestern Asset   0.47   
42.0%
0%
GDOWestern Asset   0.53   
47.0%
0%
IGAVoya Global   0.76   
68.0%
0%
NCZAllianzgi Convertible   0.94   
84.0%
0%
IGDVoya Global   1.11   
100.0%
0%

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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