Western Asset Global Etf Performance
| GDO Etf | USD 11.63 0.06 0.52% |
The entity maintains a market beta of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Asset is expected to be smaller as well.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Western Asset Global are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, Western Asset may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
1 | Western Asset Global Corporate Opportunity Fund Inc. Announces Portfolio Management Team Update | 12/23/2024 |
2 | Western Asset Global Corporate Opportunity Fund declares 0.122 dividend | 02/19/2025 |
3 | Disposition of tradable shares by Frank Steven of Western Asset subject to Rule 16b-3 | 03/13/2025 |
4 | Acquisition by Eileen Kamerick of 400 shares of Western Asset at 17.9118 subject to Rule 16b-3 | 03/14/2025 |
5 | Disposition of tradable shares by Robert Frenkel of Western Asset subject to Rule 16b-3 | 03/19/2025 |
Western |
Western Asset Relative Risk vs. Return Landscape
If you would invest 1,090 in Western Asset Global on December 23, 2024 and sell it today you would earn a total of 73.00 from holding Western Asset Global or generate 6.7% return on investment over 90 days. Western Asset Global is generating 0.1076% of daily returns assuming volatility of 0.5124% on return distribution over 90 days investment horizon. In other words, 4% of etfs are less volatile than Western, and above 98% 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 Global, 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 = 0.21
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Western Asset is performing at about 16% 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.
| Shares Outstanding | 14.94 M | ||||
| Price To Earning | 10.41 X | ||||
| Earnings Per Share | 1.38 X | ||||
About Western Asset Performance
By examining Western Asset's fundamental ratios, stakeholders can obtain critical insights into Western Asset's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Western Asset is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.| Latest headline from MacroaxisInsider: Disposition of tradable shares by Frank Steven of Western Asset subject to Rule 16b-3 |
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.