HIX (Western Asset Highome Fund II) Valuation Rank


HIX Western Asset High Income Fund II Inc HIX
31 GF Score
Price $3.93
! 5 Warning Signs
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What is Western Asset Highome Fund II Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Western Asset Highome Fund II Valuation Rank Related Terms

HIX
31GF Score
Western Asset High Income Fund II Inc HIX
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Fund II Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its investment objective is to maximize current income by investing at least 80% of its net assets and borrowings for investment purposes in high-yield debt securities.
31GF Score

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Valuation Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.93
Price