Western Assets Emerging Fund Quote
| XEMDX Fund | USD 10.39 0.05 0.48% |
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Western Assets is trading at 10.39 as of the 25th of April 2024; that is 0.48% increase since the beginning of the trading day. The fund's open price was 10.34. Western Assets has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Western Assets Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Western Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Western Assets' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Assets or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Jane Trust |
| Fund Concentration | null, null (View all Sectors) |
| Update Date | 31st of March 2024 |
Western Assets Emerging [XEMDX] is traded in USA and was established 25th of April 2024. The fund is listed under null category and is part of null family.
Check Western Assets Probability Of Bankruptcy
Western Assets Target Price Odds Analysis
Based on a normal probability distribution, the odds of Western Assets jumping above the current price in 90 days from now is about 76.65%. The Western Assets Emerging probability density function shows the probability of Western Assets mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Western Assets Emerging has a beta of -0.0595. This entails as returns on the benchmark increase, returns on holding Western Assets are expected to decrease at a much lower rate. During a bear market, however, Western Assets Emerging is likely to outperform the market. Additionally, western Assets Emerging has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Western Assets to move above the current price in 90 days from now is about 76.65 (This Western Assets Emerging probability density function shows the probability of Western Mutual Fund to fall within a particular range of prices over 90 days) .
Western Assets Emerging Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Western Assets market risk premium is the additional return an investor will receive from holding Western Assets long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Western Assets. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Western Assets' alpha and beta are two of the key measurements used to evaluate Western Assets' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.321 | |||
| Standard Deviation | 0.4434 | |||
| Variance | 0.1966 | |||
| Risk Adjusted Performance | (0.01) |
Western Assets Emerging Technical Analysis
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The output start index for this execution was zero with a total number of output elements of sixty-one. Western Assets Emerging Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Western Assets price patterns.
Western Assets Against Markets
Picking the right benchmark for Western Assets mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Western Assets mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Western Assets is critical whether you are bullish or bearish towards Western Assets Emerging at a given time. Please also check how Western Assets' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Western Assets without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
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How to buy Western Mutual Fund?
Before investing in Western Assets, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Western Assets. To buy Western Assets fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Assets. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Western Assets fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Assets Emerging fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Western Assets Emerging fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Western Assets Emerging, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Western Assets Emerging?
The danger of trading Western Assets Emerging is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Assets is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Assets. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Assets Emerging is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Assets Emerging. 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 unemployment. Note that the Western Assets Emerging information on this page should be used as a complementary analysis to other Western Assets' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Western Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Assets' 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.