Western Asset Municipal Fund Analysis
| MHF Fund | USD 6.84 0.08 1.16% |
Western Asset Municipal is undervalued with Real Value of 7.03 and Hype Value of 6.83. The main objective of Western Asset fund analysis is to determine its intrinsic value, which is an estimate of what Western Asset Municipal is worth, separate from its market price. There are two main types of Western Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Western Asset Municipal. On the other hand, technical analysis, focuses on the price and volume data of Western Fund to identify patterns and trends that may indicate its future price movements.
The Western Asset fund is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Western Asset is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Western Fund trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Western Asset's ongoing operational relationships across important fundamental and technical indicators.
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Western Fund Analysis Notes
The fund last dividend was 0.24 per share. High Yield Muni It is possible that Western Asset Municipal fund was delisted, renamed or otherwise removed from the exchange. To find out more about Western Asset Municipal contact Jane Trust at 800-822-5544 or learn more at https://individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=355661&mktcd=MHF.Western Asset Municipal Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more funds at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Western Asset's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Asset Municipal or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| The fund generated three year return of 0.0% |
Western Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 146.15 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Western Asset's market, we take the total number of its shares issued and multiply it by Western Asset's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Western Profitablity
Western Asset's profitability indicators refer to fundamental financial ratios that showcase Western Asset's ability to generate income relative to its revenue or operating costs. If, let's say, Western Asset is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Western Asset's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Western Asset's profitability requires more research than a typical breakdown of Western Asset's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (183.14) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 81.31 %, which entails that for every 100 dollars of revenue, it generated $81.31 of operating income. Institutional Fund Holders for Western Asset
Have you ever been surprised when a price of an equity instrument such as Western Asset is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Western Asset Municipal backward and forwards among themselves. Western Asset's institutional investor refers to the entity that pools money to purchase Western Asset's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although Western Asset's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses. Technical Drivers
As of the 19th of April, Western Asset maintains the Downside Deviation of 0.4993, market risk adjusted performance of 1.18, and Mean Deviation of 0.3602. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Asset Municipal, as well as the relationship between them. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Western Asset Municipal, which can be compared to its peers. Please check out Western Asset Municipal information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Western Asset Municipal is priced fairly, providing market reflects its latest price of 6.84 per share.Western Asset Municipal Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Western Asset middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Western Asset Municipal. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Western Asset Predictive Daily Indicators
Western Asset intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Western Asset fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Western Asset Forecast Models
Western Asset's time-series forecasting models are one of many Western Asset's fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Western Asset's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Western Fund Analysis
Fund analysis is the technique used by a trader or investor to examine and evaluate how Western Asset prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Western shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Western Asset. By using and applying Western Fund analysis, traders can create a robust methodology for identifying Western entry and exit points for their positions.
Western Asset Municipal High Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. Western Asset Municipal High Income Fund Inc. was formed on November 28, 1988 and is domiciled in the United States. Western Asset operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Municipal. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Western Asset Municipal information on this page should be used as a complementary analysis to other Western Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.