Western Asset Correlations

Mutual Funds USA . 
Fund . Western Asset Global
WAGIX Fund  USD 4.98  0.01  0.20%   
The current 90-days correlation between Western Asset Global and Artisan Small Cap is 0.34 (i.e., Weak diversification). The correlation of Western Asset is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with Western Mutual Fund

  0.95LBNDX Lord Abbett BondPairCorr
  0.86FSTAX Fidelity Advisor StrPairCorr
  0.85FSRIX Fidelity Advisor StrPairCorr
  0.73VTSAX Vanguard Total StockPairCorr
  0.74VFIAX Vanguard 500 IndexPairCorr
  0.73VTSMX Vanguard Total StockPairCorr
  0.73VSMPX Vanguard Total StockPairCorr
  0.73VSTSX Vanguard Total StockPairCorr
  0.73VITSX Vanguard Total StockPairCorr
  0.74VFINX Vanguard 500 IndexPairCorr
  0.74VFFSX Vanguard 500 IndexPairCorr
  0.67JNJ Johnson JohnsonPairCorr
  0.9DD Dupont De NemoursPairCorr
  0.8AA Alcoa Corp Earnings Call This WeekPairCorr
  0.77HPQ HP IncPairCorr
  0.76IBM International BusinessPairCorr
  0.7CVX Chevron CorpPairCorr
  0.67GE GE AerospacePairCorr
  0.76BAC Bank of AmericaPairCorr
  0.61PG Procter GamblePairCorr
  0.84CSCO Cisco SystemsPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Western Mutual Fund performing well and Western Asset Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Western Asset's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY