Western Asset New Fund Analysis
| SHNJX Fund | USD 11.41 0.03 0.26% |
Western Asset New is fairly valued with Real Value of 11.44 and Hype Value of 11.41. The main objective of Western Asset fund analysis is to determine its intrinsic value, which is an estimate of what Western Asset New is worth, separate from its market price. There are two main types of Western Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Western Asset New. On the other hand, technical analysis, focuses on the price and volume data of Western Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Western Asset mutual fund is traded in the USA on NMFQS 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 Mutual 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 Mutual Fund Analysis Notes
The fund maintains most of the assets in different exotic instruments. Western Asset New last dividend was 0.03 per share. Large To find out more about Western Asset New contact the company at 877-721-1926.Western Asset New 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 New or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Western Asset New generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Western Asset New maintains most of the assets in different exotic instruments. |
Western Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. 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.Technical Drivers
As of the 29th of April, Western Asset maintains the Mean Deviation of 0.1174, standard deviation of 0.1772, and Market Risk Adjusted Performance of (0.14). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Western Asset New, 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 are able to break down thirteen technical drivers for Western Asset New, which can be compared to its peers. Please check out Western Asset New market risk adjusted performance and treynor ratio to decide if Western Asset New is priced fairly, providing market reflects its latest price of 11.41 per share.Western Asset New Price Movement Analysis
The output start index for this execution was thirty-nine with a total number of output elements of twenty-two. 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 New. 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 mutual 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.41 | |||
| Day Typical Price | 11.41 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) |
Western Asset Forecast Models
Western Asset's time-series forecasting models are one of many Western Asset's mutual 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 Mutual Fund Analysis
Mutual 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 Mutual Fund analysis, traders can create a robust methodology for identifying Western entry and exit points for their positions.
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.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Western Asset to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Western Asset New. 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 inflation. You can also try the CEOs Directory module to screen CEOs from public companies around the world.