Western Mutual Fund Buy Hold or Sell Recommendation

WAADX
 Fund
  

USD 6.39  0.02  0.31%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Western Asset Smash is 'Strong Hold'. Macroaxis provides Western Asset buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WAADX positions. The advice algorithm takes into account all of Western Asset's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Western Asset's buy-and-hold perspective. Check out Western Asset Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Western and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Western Asset Smash.

Execute Western Asset Buy or Sell Advice

The Western recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Western Asset Smash. Macroaxis does not own or have any residual interests in Western Asset Smash or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Western Asset's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Western AssetBuy Western Asset
Strong Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Western Asset Smash has a Risk Adjusted Performance of (0.22), Jensen Alpha of (0.18), Total Risk Alpha of (0.22) and Treynor Ratio of (0.61)
We provide recommendation to complement the prevalent expert consensus on Western Asset Smash. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please utilize Western Asset Smash total asset to make buy, hold, or sell decision on Western Asset Smash.

Western Asset Trading Alerts and Improvement Suggestions

Western Asset Smash generated a negative expected return over the last 90 days
Western Asset Smash is unlikely to experience financial distress in the next 2 years
On 15th of November 2022 Western Asset paid $ 0.0302 per share dividend to its current shareholders
The fund keeps about 28.74% of its net assets in cash

Western Asset Returns Distribution Density

The distribution of Western Asset's historical returns is an attempt to chart the uncertainty of Western Asset's future price movements. The chart of the probability distribution of Western Asset stock daily returns describes the distribution of returns around its average expected value. We use Western Asset Smash price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Western Asset returns is essential to provide solid investment advice for Western Asset.
Mean Return-0.16Value At Risk-1.86
Potential Upside1.34Standard Deviation0.99
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Western Asset historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Western Asset Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Western Asset or Franklin Templeton Investments sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Western Asset's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Western fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.18
β
Beta against DOW0.27
σ
Overall volatility
0.99
Ir
Information ratio -0.24

Western Asset Volatility Alert

Western Asset Smash exhibits very low volatility with skewness of 0.22 and kurtosis of 0.68. However, we advise investors to further study Western Asset Smash technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Western Asset's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Western Asset's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Western Asset Fundamentals Vs Peers

Comparing Western Asset's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Western Asset's direct or indirect competition across all of the common fundamentals between Western Asset and the related equities. This way, we can detect undervalued stocks with similar characteristics as Western Asset or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Western Asset's fundamental indicators could also be used in its relative valuation, which is a method of valuing Western Asset by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Western Asset to competition
FundamentalsWestern AssetPeer Average
Net Asset467.08 M4.11 B
Last Dividend Paid0.010.65
Cash Position Weight28.74 %10.61 %
Bond Positions Weight66.99 %11.24 %

Western Asset Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Western . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Western Asset Buy or Sell Advice

When is the right time to buy or sell Western Asset Smash? Buying financial instruments such as Western Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Western Asset in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Soft Drinks Thematic Idea Now

Soft Drinks
Soft Drinks Theme
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Soft Drinks Theme or any other thematic opportunities.
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Check out Western Asset Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Western Asset Smash 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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 Western Asset value 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.