Macroaxis gives Western performance score of 0 on a scale of 0 to 100. The company maintains market beta of -0.2 which attests that as returns on market increase, returns on owning Western are expected to decrease at a much smaller rate. During bear market, Western is likely to outperform the market. Even though it is essential to pay attention to
Western Asset Global historical
price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Western Asset Global exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Western Asset Global has expected return of -0.54%. Please be advised to check out Western Asset Global
Expected Short fall,
Day Median Price and the
relationship between
Potential Upside and
Accumulation Distribution to decide if
Western Asset Global past performance will be repeated at some point in the near future.
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Investment horizon:
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30 Days
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Relative Risk vs. Return Landscape
If you would invest
1,410 in Western Asset Global High Income Fund Inc on
May 19, 2013 and sell it today you would
lose (145.00) from holding Western Asset Global High Income Fund Inc or give up
10.28% of portfolio value over
30 days. Western Asset Global High Income Fund Inc is generating negative expected returns assuming volatility of
1.44% on return distribution over 30 days investment horizon. In other words, 17% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, Western Asset Global High Income Fund Inc is expected to under-perform the market. In addition to that, the company is 1.71 times more volatile than its market benchmark. It trades about -0.38 of its total potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 per unit of volatility.
Western Operating Margin
Based on recorded statements Western Asset Global High Income Fund Inc has Operating Margin of 89%. This is 287.27% higher than that of Financial sector, and 5.34% higher than that of
Closed-End Fund - Debt industry, The Operating Margin for all stocks is 2397.68% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Western Return On Equity vs Return On Asset
Western Asset Global High Income Fund Inc is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about
0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Western Asset Global High Income Fund Inc is roughly
4.68