Western Asset Managed Fund Manager Performance Evaluation

SMMYX Fund  USD 14.89  0.01  0.07%   
The entity maintains a market beta of 0.0633, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Asset is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Western Asset Managed are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Western Asset is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date29th of June 2023
Expense Ratio0.4500
  

Western Asset Relative Risk vs. Return Landscape

If you would invest  1,483  in Western Asset Managed on January 24, 2024 and sell it today you would earn a total of  6.00  from holding Western Asset Managed or generate 0.4% return on investment over 90 days. Western Asset Managed is currently producing 0.0067% returns and takes up 0.1884% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Western, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Western Asset is expected to generate 11.97 times less return on investment than the market. But when comparing it to its historical volatility, the company is 3.34 times less risky than the market. It trades about 0.04 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.13 of returns per unit of risk over similar time horizon.

Western Asset Current Valuation

Fairly Valued
Today
14.89
Please note that Western Asset's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Western Asset Managed maintains a prevalent Real Value of $14.91 per share. The last-minute price of the fund is $14.89. We determine the value of Western Asset Managed from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will grow together.
Our valuation method for Western Asset Managed is useful when determining the fair value of the Western mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Western Asset. Since Western Asset is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Western Mutual Fund. However, Western Asset's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  14.89 Real  14.91 Hype  14.89
The real value of Western Mutual Fund, also known as its intrinsic value, is the underlying worth of Western Asset Managed Mutual Fund, which is reflected in its stock price. It is based on Western Asset's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Western Asset's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Western Asset's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
14.91
Real Value
15.10
Upside
Estimating the potential upside or downside of Western Asset Managed helps investors to forecast how Western mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Western Asset more accurately as focusing exclusively on Western Asset's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
14.7014.8915.08
Details

Western Asset Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Asset's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Western Asset Managed, and traders can use it to determine the average amount a Western Asset's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0355

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Estimated Market Risk

 0.19
  actual daily
1
99% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Western Asset is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Asset by adding it to a well-diversified portfolio.

Western Asset Fundamentals Growth

Western Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Western Asset, and Western Asset fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Western Mutual Fund performance.
Total Asset732.59 M

About Western Asset Performance

To evaluate Western Asset Managed Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Western Asset generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Western Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Western Asset Managed market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Western's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in municipal securities and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax but which may be subject to the federal alternative minimum tax. It normally invests in intermediate-term and long-term municipal securities that have remaining maturities from one to more than thirty years at the time of purchase.

Things to note about Western Asset Managed performance evaluation

Checking the ongoing alerts about Western Asset for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Western Asset Managed help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0%
Western Asset Managed maintains most of the assets in different exotic instruments.
Evaluating Western Asset's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Western Asset's mutual fund performance include:
  • Analyzing Western Asset's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Western Asset's stock is overvalued or undervalued compared to its peers.
  • Examining Western Asset's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Western Asset's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Western Asset's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Western Asset's mutual fund. These opinions can provide insight into Western Asset's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Western Asset's mutual fund performance is not an exact science, and many factors can impact Western Asset's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Western Asset Managed. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Please note, there is a significant difference between Western Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.