Western Asset Premier Bond Fund Short Interest Update
| WEA Etf | USD 11.02 0.11 0.99% |
About 61% of Western Asset's investor base is looking to short. The analysis of the overall prospects from investing in Western Asset Premier suggests that many traders are, at the present time, alarmed. The current market sentiment, together with Western Asset's historical and current headlines, can help investors time the market. In addition, many technical investors use Western Asset Premier etf news signals to limit their universe of possible portfolio assets.
Western |
Western Asset Premier Bond Fund was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 9,200 shares, a decline of 22.7 percent from the November 30th total of 11,900 shares. Based on an average trading volume of
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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 etf, 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.
Total Debt
Total Debt Comparative Analysis
Western Asset is currently under evaluation in total debt as compared to similar ETFs. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Western Asset Premier 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 etf 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
| PGZ | Principal Real | 1.48 | ||||
| FFC | Flaherty Crumrine | 1.39 | ||||
| GAM | General American | 1.27 | ||||
| MSD | Morgan Stanley | 1.26 | ||||
| BGX | Blackstone Gso | 0.95 | ||||
| EFR | Eaton Vance | 0.77 | ||||
| PFD | Flaherty Crumrine | 0.70 | ||||
| PNF | Pimco New | 0.67 | ||||
| VBF | Invesco Van | 0.65 | ||||
| DSL | Doubleline Income | 0.64 | ||||
| VPV | Invesco Pennsylvania | 0.59 | ||||
| PFO | Flaherty Crumrine | 0.55 | ||||
| HPF | John Hancock | 0.54 | ||||
| DMO | Western Asset | 0.52 | ||||
| PAI | Platinum Asia | 0.49 | ||||
| FCT | First Trust | 0.48 | ||||
| MHN | Blackrock Muniholdings | 0.38 | ||||
| CXH | MFS Investment | 0.25 | ||||
| IGI | Western Asset | 0.24 | ||||
| CPZ | Calamos LongShort | 0.20 | ||||
| DLY | Doubleline Yield | 0.19 | ||||
| DFP | Flaherty | 0.05 |
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.