Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.
Western Asset Premier Bond Fund (NYSE:WEA) Volatility Explanation
Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.
Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.
Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Western Asset Premier Bond Fund Volatility Related Terms
WEA vs NMT, DMO, VFL: Volatility Comparison
For the Asset Management subindustry, Western Asset Premier Bond Fund's Volatility, along with its competitors' market caps and Volatility data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Asset Premier Bond Fund Volatility vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Premier Bond Fund's Volatility distribution charts can be found below:
* The bar in red indicates where Western Asset Premier Bond Fund's Volatility falls into.
Western Asset Premier Bond Fund (NYSE:WEA) Volatility Calculation
The annualized volatility is calculated as following:
σA
=
σM
*
√12
=
√ 1/(n-1) ∑(Ri - R')^2
*
√12
Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Asset Premier Bond Fund (WEA) has a Volatility of 5.31% as of Jun. 27, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Western Asset Premier Bond Fund and its competitors.
Is Western Asset Premier Bond Fund's Volatility too high?
Western Asset Premier Bond Fund's current Volatility is 5.31%. Overall, Western Asset Premier Bond Fund has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Premier Bond Fund's Volatility compare to NMT and DMO?
Western Asset Premier Bond Fund's Volatility of 5.31% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for an Asset Management company?
A good Volatility depends on the Asset Management industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Western Asset Premier Bond Fund and its competitors. Western Asset Premier Bond Fund's current Volatility is 5.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Premier Bond Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Premier Bond Fund (WEA) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.66, compared to a current price of $10.61 — trading 36.3% below its estimated fair value. The current Volatility is 5.31%. Western Asset Premier Bond Fund's overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For Western Asset Premier Bond Fund (WEA), the current Volatility is 5.31% as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Asset Premier Bond Fund (WEA) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Premier Bond Fund stock appears to be undervalued.
The current stock price of $10.61 is trading 36.3% below its estimated GF Value™ of $16.66.
GuruFocus considers Western Asset Premier Bond Fund to be Significantly Undervalued.
Key valuation signals for WEA:
Volatility: 5.31%
GF Value™: $16.66 vs. price of $10.61 (36.3% below fair value)
No single metric tells the full story. See the WEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Premier Bond Fund Business Description
Western Asset Premier Bond Fund is a diversified closed-end management investment company. Its investment objective is to provide current income and capital appreciation by investing in a diversified portfolio of investment-grade bonds. The fund invests in bonds of companies operating in different sectors, such as financials, energy, telecommunication services, consumer discretionary, healthcare, materials, information technology, and consumer staples.
45GF Score
Get the complete analysis for WEA
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