Relative Risk vs. Return Landscape
If you would invest 3,099
in AllianzGI Convertible C on April 23, 2013
and sell it today you would earn a total of 187.00
from holding AllianzGI Convertible C or generate 6.03%
return on investment over 30
days. AllianzGI Convertible C is currently producing 0.29% returns and takes up 0.43% volatility of returns over 30 trading days. Put another way, 5% of traded equities are less volatile than the company and 84% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, AllianzGI Convertible C is expected to generate 0.75 times more return on investment than the market. However, the company is 1.33 times less risky than the market. It trades about 0.67 of its potential returns per unit of risk. The S&P 500 is currently generating roughly 0.39 per unit of risk.
AllianzGI Price to Book
Based on latest financial disclosure the price to book indicator of AllianzGI Convertible C is roughly 2.28 times. This is 26.67% higher than that of Allianz Funds family, and about the same as Convertibles
(which currently averages 2.28) category, The Price to Book for all funds is 119.23% lower than the firm.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
AllianzGI Year to Date Return
AllianzGI Convertible C has Year to Date Return of 8.29%. This is 33.07% higher than that of Allianz Funds family, and 2.11% lower than that of Convertibles
category, The Year to Date Return for all funds is 174.5% lower than the firm.
Year-To-Date typically refers to a period starting from the beginning of the current year, and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
AllianzGI Price to Earning vs Price to Book
AllianzGI Convertible C is fourth
largest fund in price to earning among similar funds. It is fourth
largest fund in price to book among similar funds fabricating about 0.15
of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for AllianzGI Convertible C is roughly 6.50