Western Asset Buy or Sell Recommendation

Macroaxis provides Western Asset Global Corporate Defined Opportunity Fund Inc buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Western Asset positions. The advice algorithm takes into account all of Western Asset Global Corporate Defined Opportunity Fund Inc available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Western Asset buy-and-hold prospective. Please also check Western Asset Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Western Asset Global Corporate Defined Opportunity Fund Inc -- USA Stock  

USD 18.11  0.01  0.0552%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Western Asset Global Corporate Defined Opportunity Fund Inc is 'Cautious Hold'.
For the selected time horizon Western Asset Global Corporate Defined Opportunity Fund Inc has a mean deviation of 0.4324, semi deviation of 0.2738, standard deviation of 0.5727, variance of 0.328, downside variance of 0.2553 and semi variance of 0.0749
This recommendation tool can be used to cross verify current analyst consensus on Western Asset Global and to analyze the firm potential to grow in the current economic cycle. Please check out Western Asset Global Shares Owned by Institutions to decide if your Western Asset Global buy or sell deciscion is justified. Given that Western Asset Global has Number of Shares Shorted of 4.99 K, we strongly advise you confirm Western Asset Global market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevalent risk tolerance and investing horizon.

Returns Distribution Density

Mean Return0.12Value At Risk0.45
Potential Upside1.12Standard Deviation0.57
 Return Density 
      Distribution 

Western Asset Greeks

α
Alpha over DOW
=0.18
βBeta against DOW=0.27
σ
Overall volatility
=0.53
 IrInformation ratio =0.25

Western Asset Volatility Alert

Western Asset Global Corporate Defined Opportunity Fund Inc exhibits very low volatility with skewness of 0.31 and kurtosis of 0.13. However, we advise investors to further study Western Asset Global Corporate Defined Opportunity Fund Inc technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Western Asset to competition
FundamentalsWestern AssetPeer Average
Shares Owned by Insiders11.61 % 6.91 %
Shares Owned by Institutions37.2 % 18.37 %
Number of Shares Shorted4.99 K3.24 M
Number of Employees1310.67 K
Beta0.290.34
SellBuy
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
   Western Asset exotic insider transaction detected [view details]
Risk Adjusted Performance0.1001
Market Risk Adjusted Performance(0.39)
Mean Deviation0.4324
Semi Deviation0.2738
Downside Deviation0.5053
Coefficient Of Variation482.69
Standard Deviation0.5727
Variance0.328
Information Ratio(0.25)
Jensen Alpha0.1782
Total Risk Alpha(0.2)
Sortino Ratio(0.29)
Treynor Ratio(0.4)
Maximum Drawdown2.35
Value At Risk(0.45)
Potential Upside1.12
Downside Variance0.2553
Semi Variance0.0749
Expected Short fall(0.51)
Skewness0.3087
Kurtosis0.1301