Allianzgi Equity Convertible Fund Price on December 27, 2022
| NIE Fund | USD 24.93 0.04 0.16% |
Below is the normalized historical share price chart for Allianzgi Equity Convertible extending back to February 23, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Allianzgi Equity stands at 24.93, as last reported on the 12th of December 2024, with the highest price reaching 25.35 and the lowest price hitting 24.89 during the day.
If you're considering investing in Allianzgi Fund, it is important to understand the factors that can impact its price. At this point, Allianzgi Equity is very steady. Allianzgi Equity Con secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the fund had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Allianzgi Equity Convertible, which you can use to evaluate the volatility of the entity. Please confirm Allianzgi Equity's Mean Deviation of 0.5187, risk adjusted performance of 0.1941, and Downside Deviation of 0.7777 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
Allianzgi Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Allianzgi |
Sharpe Ratio = 0.224
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Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Allianzgi Equity is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allianzgi Equity by adding it to a well-diversified portfolio.
Market Capitalization 707.7 M |
Allianzgi Equity Valuation on December 27, 2022
It is possible to determine the worth of Allianzgi Equity on a given historical date. On December 27, 2022 Allianzgi was worth 15.46 at the beginning of the trading date compared to the closed value of 15.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allianzgi Equity fund. Still, in general, we apply an absolute valuation method to find Allianzgi Equity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Allianzgi Equity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allianzgi Equity's related companies.
| Open | High | Low | Close | Volume | |
| 15.40 | 15.53 | 15.28 | 15.46 | 195,413 | |
12/27/2022 | 15.46 | 15.70 | 15.31 | 15.34 | 201,949 |
| 15.34 | 15.63 | 15.32 | 15.36 | 180,413 |
| Backtest Allianzgi Equity | | | Allianzgi Equity History | | | Allianzgi Equity Valuation | Previous | Next |
Allianzgi Equity Trading Date Momentum on December 27, 2022
| On December 28 2022 Allianzgi Equity Convertible was traded for 15.36 at the closing time. Highest Allianzgi Equity's price during the trading hours was 15.63 and the lowest price during the day was 15.32 . The net volume was 180.4 K. The overall trading history on the 28th of December contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.13% . The overall trading delta to current price is 0.59% . |
Allianzgi Equity Con Fundamentals Correlations and Trends
By evaluating Allianzgi Equity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allianzgi Equity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allianzgi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allianzgi Equity Fund history
Allianzgi Equity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allianzgi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allianzgi Equity Con will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allianzgi Equity stock prices may prove useful in developing a viable investing in Allianzgi Equity
Virtus Equity Convertible Income Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity Convertible Income Fund. Virtus Equity Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.
Allianzgi Equity Fund Technical Analysis
Allianzgi Equity technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Allianzgi Equity Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Allianzgi Equity Convertible cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Allianzgi Equity December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Allianzgi Equity fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allianzgi Equity shares will generate the highest return on investment. By undertsting and applying Allianzgi Equity fund market strength indicators, traders can identify Allianzgi Equity Convertible entry and exit signals to maximize returns
Allianzgi Equity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allianzgi Equity's price direction in advance. Along with the technical and fundamental analysis of Allianzgi Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allianzgi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1941 | |||
| Jensen Alpha | 0.118 | |||
| Total Risk Alpha | 0.0708 | |||
| Sortino Ratio | 0.0934 | |||
| Treynor Ratio | 0.31 |
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Other Information on Investing in Allianzgi Fund
Allianzgi Equity financial ratios help investors to determine whether Allianzgi Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Allianzgi with respect to the benefits of owning Allianzgi Equity security.
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