Western Asset Valuation
| HYI Etf | USD 11.49 0.02 0.17% |
What is the current Western valuation? Calculating the true value of any business or its net worth is not as easy as it may seem. While the market cap of a public entity, such as Western Asset, is its stock price multiplied by the total number of shares outstanding, calculating Western Asset's enterprise value requires a different approach. It uses Western Asset's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
Western Asset High maintains a prevalent Real Value of $11.5 per share. The last-minute price of the etf is $11.49. At this time, the etf appears to be fairly valued. Our model calculates the value of Western Asset High from examining the etf fundamentals such as Number of Shares Shorted of 34.9 K, shares owned by institutions of 39.62 %, and Short Ratio of 0.42 X as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we encourage purchasing undervalued securities and trading away overvalued securities since, at some point, asset prices and their ongoing real values will grow together. Western Asset Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as Western Asset's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today
Please note that Western Asset's price fluctuation is very steady at this time. Calculation of the real value of Western Asset High is based on 3 months time horizon. Increasing Western Asset's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Western Asset High is useful when determining the fair value of the Western etf, 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 Etf. 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. Estimating the potential upside or downside of Western Asset High helps investors to forecast how Western etf'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: Western Asset Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Western Asset's current stock value. Our valuation model uses many indicators to compare Western Asset value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Asset competition to find correlations between indicators driving Western Asset's intrinsic value. More Info.Western Asset High is one of the top ETFs in beta as compared to similar ETFs. It is one of the top ETFs in last dividend paid as compared to similar ETFs creating about 2.26 of Last Dividend Paid per Beta. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Asset's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Western Asset's earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Western Asset's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Western Asset and how it compares across the competition.
About Western Asset Valuation
The etf valuation mechanism determines the current worth of Western Asset High on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Western Asset High. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Western Asset High based exclusively on its fundamental and basic technical indicators. By analyzing Western Asset's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Western Asset's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Western Asset. We calculate exposure to Western Asset's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Western Asset's related companies.Western Asset High Yield Defined Opportunity Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. Western Asset is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.
8 Steps to conduct Western Asset's Valuation Analysis
ETF's valuation is the process of determining the worth of any etf in monetary terms. It estimates Western Asset's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of etf valuation is a single number representing a ETF's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Western Asset's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Western Asset's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Western Asset's revenue streams: Identify Western Asset's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Western Asset's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Western Asset's growth potential: Evaluate Western Asset's management, business model, and growth potential.
- Determine Western Asset's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the ETF's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Western Asset's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
A single share of Western Asset represents a small ownership stake in the entity. As a stockholder of Western, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Western Asset Dividends Analysis For Valuation
There are various types of dividends Western Asset can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Western shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Western Asset High directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Western pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Western Asset by the value of the dividends paid out.
Western Asset Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Western Asset does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Shares Percent Shares Out | 0.15% | |
| Shares Short Prior Month | 38.13k |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Western Asset High. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Western Etf 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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The market value of Western Asset High 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.