Allianzgi Vertible Fund Price on February 23, 2024
| ANNPX Fund | USD 32.48 0.06 0.18% |
Below is the normalized historical share price chart for Allianzgi Vertible Fund extending back to October 10, 2005. 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 32.48, as last reported on the 12th of June 2024, with the highest price reaching 32.48 and the lowest price hitting 32.48 during the day.
If you're considering investing in Allianzgi Mutual Fund, it is important to understand the factors that can impact its price. We consider Allianzgi Convertible very steady. Allianzgi Convertible secures Sharpe Ratio (or Efficiency) of 0.0458, which signifies that the fund had a 0.0458% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Allianzgi Vertible Fund, which you can use to evaluate the volatility of the entity. Please confirm Allianzgi Convertible's Downside Deviation of 0.6335, mean deviation of 0.4289, and Risk Adjusted Performance of 0.021 to double-check if the risk estimate we provide is consistent with the expected return of 0.0279%.
Allianzgi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Allianzgi |
Sharpe Ratio = 0.0458
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| Negative Returns | ANNPX |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Allianzgi Convertible is performing at about 3% 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 February 23, 2024
It is possible to determine the worth of Allianzgi Convertible on a given historical date. On February 23, 2024 Allianzgi was worth 31.46 at the beginning of the trading date compared to the closed value of 31.34. 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 | |
| 31.45 | 31.45 | 31.33 | 31.33 | 1.00 | |
02/23/2024 | 31.46 | 31.46 | 31.34 | 31.34 | 1.00 |
| 31.58 | 31.58 | 31.46 | 31.46 | 1.00 |
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Allianzgi Convertible Trading Date Momentum on February 23, 2024
| On February 26 2024 Allianzgi Vertible Fund was traded for 31.46 at the closing time. The highest daily price throughout the period was 31.58 and the lowest price was 31.46 . There was no trading activity during the period 1.0. Lack of trading volume on 02/26/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.38% . The overall trading delta to current closing price is 2.58% . |
Allianzgi Convertible Fundamentals Correlations and Trends
By evaluating Allianzgi Convertible'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 Convertible'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 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
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.
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 | February 23, 2024
| High |
31.46 | 31.34 |
Allianzgi Convertible June 12, 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 Vertible Fund 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 | 0.021 | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | 0.0159 | |||
| Sortino Ratio | 0.0255 | |||
| Treynor Ratio | 0.0157 |
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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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