Allianzgi Convertible Income Fund Price on November 29, 2024
| XNCVX Fund | USD 4.08 0.02 0.49% |
Below is the normalized historical share price chart for Allianzgi Convertible Income extending back to May 22, 2003. 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 Convertible stands at 4.08, as last reported on the 1st of December, with the highest price reaching 4.08 and the lowest price hitting 4.08 during the day.
If you're considering investing in Allianzgi Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Allianzgi Mutual Fund to be not too volatile. Allianzgi Convertible secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the fund had a 0.31% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Allianzgi Convertible Income, which you can use to evaluate the volatility of the entity. Please confirm Allianzgi Convertible's Risk Adjusted Performance of 0.1945, mean deviation of 0.4746, and Downside Deviation of 0.7872 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
Allianzgi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Allianzgi |
Sharpe Ratio = 0.3071
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Allianzgi Convertible is performing at about 24% 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 Convertible by adding it to a well-diversified portfolio.
Allianzgi Convertible Valuation on November 29, 2024
It is possible to determine the worth of Allianzgi Convertible on a given historical date. On November 29, 2024 Allianzgi was worth 4.08 at the beginning of the trading date compared to the closed value of 4.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allianzgi Convertible mutual fund. Still, in general, we apply an absolute valuation method to find Allianzgi Convertible'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 Convertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allianzgi Convertible's related companies.
| Open | High | Low | Close | Volume | |
| 4.06 | 4.06 | 4.06 | 4.06 | 1.00 | |
11/29/2024 | 4.08 | 4.08 | 4.08 | 4.08 | 1.00 |
| 4.08 | 4.08 | 4.08 | 4.08 | 0.00 |
| Backtest Allianzgi Convertible | | | Allianzgi Convertible History | Previous | Next |
Allianzgi Convertible Trading Date Momentum on November 29, 2024
| On December 01 2024 Allianzgi Convertible Income was traded for 4.08 at the closing time. The highest daily price throughout the period was 4.08 and the lowest price was 4.08 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About Allianzgi Convertible Mutual Fund history
Allianzgi Convertible 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 Convertible 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 Convertible stock prices may prove useful in developing a viable investing in Allianzgi Convertible
Allianzgi Convertible Mutual Fund Technical Analysis
Allianzgi Convertible technical mutual 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 Convertible Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Allianzgi Convertible Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Convertible December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Allianzgi Convertible mutual 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 Convertible shares will generate the highest return on investment. By undertsting and applying Allianzgi Convertible mutual fund market strength indicators, traders can identify Allianzgi Convertible Income entry and exit signals to maximize returns
Allianzgi Convertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allianzgi Convertible's price direction in advance. Along with the technical and fundamental analysis of Allianzgi Mutual 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 | 0.1945 | |||
| Jensen Alpha | 0.0727 | |||
| Total Risk Alpha | 0.047 | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | 0.2436 |
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Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Convertible financial ratios help investors to determine whether Allianzgi Mutual 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 Convertible security.
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