Western Asset New Fund Price History

SHNJX Fund  USD 11.39  0.07  0.61%   
Below is the normalized historical share price chart for Western Asset New extending back to January 13, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Western Asset stands at 11.39, as last reported on the 5th of June, with the highest price reaching 11.39 and the lowest price hitting 11.39 during the day.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Western Mutual Fund, it is important to understand the factors that can impact its price. Western Asset New shows Sharpe Ratio of -0.13, which attests that the fund had a -0.13% return per unit of risk over the last 3 months. Western Asset New exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Western Asset's Standard Deviation of 0.1614, mean deviation of 0.1275, and Market Risk Adjusted Performance of (1.79) to validate the risk estimate we provide.
  
Western Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1269

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Estimated Market Risk

 0.17
  actual daily
1
99% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Western Asset is not performing at its full potential. However, 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 Western Asset to a well-diversified portfolio.

Western Asset Mutual Fund Price History Chart

There are several ways to analyze Western Asset New Fund price data. The simplest method is using a basic Western candlestick price chart, which shows Western Asset price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 11, 202411.56
Lowest PriceApril 25, 202411.35

Western Asset June 5, 2024 Mutual Fund Price Synopsis

Various analyses of Western Asset's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Western Mutual Fund. It can be used to describe the percentage change in the price of Western Asset from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Western Mutual Fund.
Western Asset Price Action Indicator(0.04)
Western Asset Price Rate Of Daily Change 0.99 

Western Asset June 5, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Western Asset New Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Western Asset intraday prices and daily technical indicators to check the level of noise trading in Western Asset New Fund and then apply it to test your longer-term investment strategies against Western.

Western Mutual Fund Price History Data

The price series of Western Asset for the period between Thu, Mar 7, 2024 and Wed, Jun 5, 2024 has a statistical range of 0.21 with a coefficient of variation of 0.52. The price distribution for the period has arithmetic mean of 11.49. The median price for the last 90 days is 11.5. The company had dividends distributed to its stock-holders on 30th of April 2020.
OpenHighLowCloseVolume
06/05/2024
 11.39  11.39  11.39  11.39 
06/04/2024 11.46  11.46  11.46  11.46  1.00 
06/03/2024 11.43  11.43  11.43  11.43  1.00 
05/31/2024 11.39  11.39  11.39  11.39  1.00 
05/30/2024 11.39  11.39  11.39  11.39  1.00 
05/29/2024 11.38  11.38  11.38  11.38  1.00 
05/28/2024 11.42  11.42  11.39  11.39  1.00 
05/24/2024 11.44  11.44  11.41  11.41  1.00 
05/23/2024 11.44  11.44  11.41  11.41  1.00 
05/22/2024 11.47  11.47  11.44  11.44  1.00 
05/21/2024 11.48  11.48  11.45  11.45  1.00 
05/20/2024 11.50  11.50  11.47  11.47  1.00 
05/17/2024 11.51  11.51  11.48  11.48  1.00 
05/16/2024 11.53  11.53  11.50  11.50  1.00 
05/15/2024 11.54  11.54  11.51  11.51  1.00 
05/14/2024 11.52  11.52  11.49  11.49  1.00 
05/13/2024 11.51  11.51  11.48  11.48  1.00 
05/10/2024 11.51  11.51  11.48  11.48  1.00 
05/09/2024 11.52  11.52  11.49  11.49  1.00 
05/08/2024 11.52  11.52  11.49  11.49  1.00 
05/07/2024 11.52  11.52  11.49  11.49  1.00 
05/06/2024 11.49  11.49  11.46  11.46  1.00 
05/03/2024 11.47  11.47  11.44  11.44  1.00 
05/02/2024 11.44  11.44  11.41  11.41  1.00 
05/01/2024 11.43  11.43  11.40  11.40  1.00 
04/30/2024 11.41  11.41  11.38  11.38  1.00 
04/29/2024 11.42  11.42  11.36  11.36  1.00 
04/26/2024 11.41  11.41  11.35  11.35  1.00 
04/25/2024 11.41  11.41  11.35  11.35  1.00 
04/24/2024 11.44  11.44  11.38  11.38  1.00 
04/23/2024 11.46  11.46  11.40  11.40  1.00 
04/22/2024 11.45  11.45  11.39  11.39  1.00 
04/19/2024 11.45  11.45  11.39  11.39  1.00 
04/18/2024 11.45  11.45  11.39  11.39  1.00 
04/17/2024 11.46  11.46  11.40  11.40  1.00 
04/16/2024 11.45  11.45  11.39  11.39  1.00 
04/15/2024 11.47  11.47  11.41  11.41  1.00 
04/12/2024 11.49  11.49  11.43  11.43  1.00 
04/11/2024 11.47  11.47  11.41  11.41  1.00 
04/10/2024 11.47  11.47  11.41  11.41  1.00 
04/09/2024 11.51  11.51  11.45  11.45  1.00 
04/08/2024 11.49  11.49  11.43  11.43  1.00 
04/05/2024 11.50  11.50  11.44  11.44  1.00 
04/04/2024 11.51  11.51  11.45  11.45  1.00 
04/03/2024 11.50  11.50  11.44  11.44  1.00 
04/02/2024 11.52  11.52  11.46  11.46  1.00 
04/01/2024 11.57  11.57  11.51  11.51  1.00 
03/28/2024 11.59  11.59  11.53  11.53  1.00 
03/27/2024 11.59  11.59  11.50  11.50  1.00 
03/26/2024 11.59  11.59  11.50  11.50  1.00 
03/25/2024 11.60  11.60  11.51  11.51  1.00 
03/22/2024 11.61  11.61  11.52  11.52  1.00 
03/21/2024 11.60  11.60  11.51  11.51  1.00 
03/20/2024 11.59  11.59  11.50  11.50  1.00 
03/19/2024 11.59  11.59  11.50  11.50  1.00 
03/18/2024 11.60  11.60  11.51  11.51  1.00 
03/15/2024 11.60  11.60  11.51  11.51  1.00 
03/14/2024 11.61  11.61  11.52  11.52  1.00 
03/13/2024 11.64  11.64  11.55  11.55  1.00 
03/12/2024 11.64  11.64  11.55  11.55  1.00 
03/11/2024 11.65  11.65  11.56  11.56  1.00 

About Western Asset Mutual Fund history

Western Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western Asset New will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Western Asset stock prices may prove useful in developing a viable investing in Western Asset
Under normal circumstances, the fund invests at least 80 percent of its assets in New Jersey municipal securities. New Jersey municipal securities are securities and other investments with similar economic characteristics the interest on which is exempt from regular federal income tax and New Jersey state personal income tax but which may be subject to the federal alternative minimum tax. It is non-diversified.

Western Asset Mutual Fund Technical Analysis

Western Asset technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Western Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Western Asset trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Western Asset Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Western Asset's price direction in advance. Along with the technical and fundamental analysis of Western Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Western Mutual Fund

Western Asset financial ratios help investors to determine whether Western Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Asset security.
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