Western Asset Investment Stock Today
| IGI Stock | USD 16.60 0.08 0.48% |
Performance0 of 100
| Odds Of DistressLess than 50
|
Western Asset is trading at 16.60 as of the 24th of April 2024. This is a -0.48 percent down since the beginning of the trading day. The stock's open price was 16.68. Western Asset has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Western Asset Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 26th of June 2009 | Classification Financials |
Western Asset Investment Grade Defined Opportunity Trust Inc. is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. Western Asset Investment Grade Defined Opportunity Trust Inc. was formed on June 26, 2009 and is domiciled in the United States. The company has 10.9 M outstanding shares of which 9.07 K shares are currently shorted by investors with about 0.4 days to cover. More on Western Asset Investment
Moving against Western Stock
| 0.57 | BACA | Berenson Acquisition Corp | PairCorr |
| 0.52 | THCPU | Thunder Bridge Capital | PairCorr |
| 0.51 | PWP | Perella Weinberg Partners | PairCorr |
| 0.42 | OWL | Blue Owl Capital Earnings Call Next Week | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Western Stock 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 Asset's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Western Asset or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Western Asset's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Western Asset's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | Jane Trust |
| Thematic Idea | Diversified Assets (View all Themes) |
| Business Concentration | Asset Management & Custody Banks, Financial Services, Diversified Assets, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) |
Western Asset Investment (IGI) is traded on New York Stock Exchange in USA. It is located in 280 Park Avenue, New York, NY, United States, 10017 and employs 24 people. Western Asset is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 181.78 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 Asset Investment runs under Capital Markets sector within Financials industry. The entity has 10.9 M outstanding shares of which 9.07 K shares are currently shorted by investors with about 0.4 days to cover.
Check Western Asset Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Western Asset Investment is $181.78 Million. 30% of Western Asset outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Western Ownership Details
Western Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Western Asset jumping above the current price in 90 days from now is about 97.0%. The Western Asset Investment probability density function shows the probability of Western Asset stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Western Asset has a beta of 0.1754. This usually indicates as returns on the market go up, Western Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Asset Investment will be expected to be much smaller as well. Additionally, western Asset Investment 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 Asset to move above the current price in 90 days from now is about 97.0 (This Western Asset Investment probability density function shows the probability of Western Stock to fall within a particular range of prices over 90 days) .
Western Asset Historical Income Statement
Western Asset Investment Income Statement is one of the three primary financial statements used for reporting Western's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Western Asset Investment revenue and expense. Western Asset Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Western Asset's Other Operating Expenses is decreasing as compared to previous years. The Western Asset's current Total Operating Expenses is estimated to increase to about 228.9 K, while Net Interest Income is projected to decrease to under 8.6 M. View More FundamentalsWestern Stock Against Markets
Picking the right benchmark for Western Asset stock 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 Asset stock 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 Asset is critical whether you are bullish or bearish towards Western Asset Investment at a given time. Please also check how Western Asset's 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 Asset 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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Western Asset Corporate Directors
Western Asset corporate directors refer to members of a Western Asset board of directors. The board of directors generally takes responsibility for the Western Asset's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Western Asset's board members must vote for the resolution. The Western Asset board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Daniel Cronin | Independent Director | Profile | |
| Leslie Gelb | Lead Independent Director | Profile | |
| Eileen Kamerick | Independent Director | Profile | |
| Nisha Kumar | Independent Director | Profile |
How to buy Western Stock?
Before investing in Western Asset, 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 Asset. To buy Western Asset stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Western Asset. 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 Asset stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Western Asset Investment stock 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 Asset Investment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Western Asset Investment, 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 stock 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. For more information on how to buy Western Stock please use our How to Invest in Western Asset guide.
Already Invested in Western Asset Investment?
The danger of trading Western Asset Investment is mainly related to its market volatility and Company 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 Asset 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 Asset. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Asset Investment 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.
When determining whether Western Asset Investment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Asset's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Asset Investment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Asset Investment Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Western Asset Investment 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Western Stock analysis
When running Western Asset's price analysis, check to measure Western Asset's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Asset is operating at the current time. Most of Western Asset's value examination focuses on studying past and present price action to predict the probability of Western Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Asset's price. Additionally, you may evaluate how the addition of Western Asset to your portfolios can decrease your overall portfolio volatility.
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Is Western Asset's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Asset. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) |
The market value of Western Asset Investment is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Asset's value that differs from its market value or its book value, called intrinsic value, which is Western Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Asset's market value can be influenced by many factors that don't directly affect Western Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.