Western Asset New Fund Price Prediction

SBNYX Fund  USD 11.84  0.05  0.42%   
The relative strength index (RSI) of Western Asset's mutual fund price is slightly above 63. This usually implies that the mutual fund is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Western, making its price go up or down.

Oversold Vs Overbought

63

 
Oversold
 
Overbought
The successful prediction of Western Asset's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Western Asset New, which may create opportunities for some arbitrage if properly timed.
Using Western Asset hype-based prediction, you can estimate the value of Western Asset New from the perspective of Western Asset response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Western Asset to buy its mutual fund at a price that has no basis in reality. In that case, they are not buying Western because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Western Asset after-hype prediction price

    
  USD 11.84  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Western Asset Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Asset's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
11.5511.8712.19
Details
Naive
Forecast
LowNextHigh
11.3811.7012.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.8312.0412.24
Details

Western Asset After-Hype Price Prediction Density Analysis

As far as predicting the price of Western Asset at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Western Asset or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Western Asset, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Western Asset Estimiated After-Hype Price Volatility

In the context of predicting Western Asset's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Western Asset's historical news coverage. Western Asset's after-hype downside and upside margins for the prediction period are 11.52 and 12.16, respectively. We have considered Western Asset's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
11.84
11.84
After-hype Price
12.16
Upside
Western Asset is very steady at this time. Analysis and calculation of next after-hype price of Western Asset New is based on 3 months time horizon.

Western Asset Mutual Fund Price Prediction Analysis

Have you ever been surprised when a price of a Mutual Fund such as Western Asset is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Asset backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Western Asset, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
0.32
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.84
11.84
0.00 
0.00  
Notes

Western Asset Hype Timeline

Western Asset New is at this time traded for 11.84. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Western is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.03%. %. The volatility of related hype on Western Asset is about 1142.86%, with the expected price after the next announcement by competition of 11.84. Assuming the 90 days horizon the next anticipated press release will be within a week.
Check out Western Asset Basic Forecasting Models to cross-verify your projections.

Western Asset Related Hype Analysis

Having access to credible news sources related to Western Asset's direct competition is more important than ever and may enhance your ability to predict Western Asset's future price movements. Getting to know how Western Asset's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Western Asset may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TEBIXFranklin Mutual Beacon 0.00 0 per month 0.00 (0.20) 0.83 (1.05) 4.25 
TEDMXTempleton Developing Markets(0.41)1 per month 0.00 (0.07) 1.50 (1.68) 6.20 
TEDIXFranklin Mutual Global 0.14 1 per month 0.00 (0.20) 0.85 (1.05) 3.61 
TEDSXFranklin Mutual Global 0.00 0 per month 0.00 (0.17) 0.88 (1.05) 3.59 
TEDRXFranklin Mutual Global(0.01)2 per month 0.00 (0.20) 0.84 (1.08) 3.55 
TEFRXTempleton Foreign Fund 0.00 0 per month 0.00 (0.22) 1.27 (2.02) 5.69 
TEFTXTempleton Foreign Fund 0.00 0 per month 0.00 (0.15) 1.82 (1.97) 5.54 
TEGBXTempleton Global Bond 0.00 0 per month 0.00 (0.39) 0.67 (1.01) 3.22 
TEGRXTempleton Growth Fund 0.00 0 per month 0.00 (0.16) 0.99 (0.94) 4.35 
TEMFXTempleton Foreign Fund 0.00 0 per month 0.00 (0.22) 1.36 (2.06) 5.66 

Western Asset Additional Predictive Modules

Most predictive techniques to examine Western price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Western using various technical indicators. When you analyze Western charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Western Asset Predictive Indicators

The successful prediction of Western Asset stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Western Asset New, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Western Asset based on analysis of Western Asset hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Western Asset's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Western Asset's related companies.

Story Coverage note for Western Asset

The number of cover stories for Western Asset depends on current market conditions and Western Asset's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Western Asset is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Western Asset's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Other Information on Investing in Western Mutual Fund

Western Asset financial ratios help investors to determine whether Western Mutual 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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