Allianzgi Vertible Fund Manager Performance Evaluation
| ANZAX Fund | USD 38.20 0.12 0.32% |
The fund shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allianzgi Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi Convertible is expected to be smaller as well.
Risk-Adjusted Performance
28 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Allianzgi Vertible Fund are ranked lower than 28 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Allianzgi Convertible may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more1 | Grants To Support and Honour Our Veterans - Premier of Victoria | 11/20/2024 |
| Expense Ratio Date | 6th of November 2020 | |
| Expense Ratio | 0.9600 |
Allianzgi |
Allianzgi Convertible Relative Risk vs. Return Landscape
If you would invest 3,378 in Allianzgi Vertible Fund on September 3, 2024 and sell it today you would earn a total of 442.00 from holding Allianzgi Vertible Fund or generate 13.08% return on investment over 90 days. Allianzgi Vertible Fund is currently producing 0.1937% returns and takes up 0.5361% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Allianzgi, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Allianzgi Convertible Current Valuation
Fairly Valued
Today
Please note that Allianzgi Convertible's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Allianzgi Convertible shows a prevailing Real Value of $37.6 per share. The current price of the fund is $38.2. We determine the value of Allianzgi Convertible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Allianzgi Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allianzgi Mutual Fund. However, Allianzgi Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 38.2 | Real 37.6 | Hype 38.2 | Naive 38.54 |
The intrinsic value of Allianzgi Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Allianzgi Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Allianzgi Vertible Fund helps investors to forecast how Allianzgi mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Allianzgi Convertible more accurately as focusing exclusively on Allianzgi Convertible's fundamentals will not take into account other important factors: Allianzgi Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Allianzgi Vertible Fund, and traders can use it to determine the average amount a Allianzgi Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3613
| Best Portfolio | Best Equity | |||
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| Small Returns | ANZAX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.36 actual daily | 28 72% of assets perform better |
Based on monthly moving average Allianzgi Convertible is performing at about 28% 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 Fundamentals Growth
Allianzgi Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Allianzgi Convertible, and Allianzgi Convertible fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Allianzgi Mutual Fund performance.
| Total Asset | 362.44 M | |||
About Allianzgi Convertible Performance
Evaluating Allianzgi Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Allianzgi Convertible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Allianzgi Convertible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible securities. Convertible securities include, but are not limited to, corporate bonds, debentures, notes or preferred stocks and their hybrids that can be converted into equity securities or other securities that provide an opportunity for equity participation.Things to note about Allianzgi Convertible performance evaluation
Checking the ongoing alerts about Allianzgi Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Allianzgi Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Grants To Support and Honour Our Veterans - Premier of Victoria | |
| The fund holds most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Allianzgi Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Allianzgi Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Allianzgi Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Allianzgi Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allianzgi Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Allianzgi Convertible's mutual fund. These opinions can provide insight into Allianzgi Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |