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 18.4  0.09  0.49%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Western Asset Global Corporate Defined Opportunity Fund Inc is 'Buy'.
For the selected time horizon Western Asset Global Corporate Defined Opportunity Fund Inc has a risk adjusted performance of (0.00090761), jensen alpha of (0.12), total risk alpha of (0.26), sortino ratio of 0.0 and treynor ratio of (0.026713)
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 Return-0.01Value At Risk-0.4915
Potential Upside0.8206Standard Deviation0.4483
 Return Density 
      Distribution 

Western Asset Greeks

α
Alpha over DOW
=(0.12) 
βBeta against DOW= 0.8 
σ
Overall volatility
= 0.44 
 IrInformation ratio =(0.32) 

Western Asset Volatility Alert

Western Asset Global Corporate Defined Opportunity Fund Inc exhibits very low volatility with skewness of 1.24 and kurtosis of 1.37. 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
Buy

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 Performance(0.00090761)
Market Risk Adjusted Performance(0.016713)
Mean Deviation0.3373
Coefficient Of Variation(3,940)
Standard Deviation0.4483
Variance0.201
Information Ratio(0.32)
Jensen Alpha(0.12)
Total Risk Alpha(0.26)
Treynor Ratio(0.026713)
Maximum Drawdown1.53
Value At Risk(0.49)
Potential Upside0.8206
Skewness1.24
Kurtosis1.37