Allianzgi Convertible Income Fund Manager Performance Evaluation
| XNCVX Fund | USD 4.06 0.02 0.50% |
The fund shows a Beta (market volatility) of 0.63, 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
23 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Allianzgi Convertible Income are ranked lower than 23 (%) 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 December 2024.
...more| Expense Ratio | 1.4500 |
Allianzgi |
Allianzgi Convertible Relative Risk vs. Return Landscape
If you would invest 363.00 in Allianzgi Convertible Income on August 31, 2024 and sell it today you would earn a total of 43.00 from holding Allianzgi Convertible Income or generate 11.85% return on investment over 90 days. Allianzgi Convertible Income is currently producing 0.1796% returns and takes up 0.6044% volatility of returns over 90 trading days. Put another way, 5% 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 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 Convertible Income, 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 = 0.2972
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | XNCVX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
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
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Allianzgi Convertible is performing at about 23% 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.
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.
Allianzgi Convertible is entity of United States. It is traded as Fund on NMFQS exchange.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.Evaluating Allianzgi Convertible's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Allianzgi Convertible's mutual fund performance include:- 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.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |