Allianzgi Convertible Income Fund Fundamentals
| NCV Fund | USD 3.14 0.05 1.62% |
Allianzgi Convertible Income fundamentals help investors to digest information that contributes to Allianzgi Convertible's financial success or failures. It also enables traders to predict the movement of Allianzgi Fund. The fundamental analysis module provides a way to measure Allianzgi Convertible's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Allianzgi Convertible fund.
Allianzgi |
Allianzgi Convertible Income Fund Price To Earning Analysis
Allianzgi Convertible's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Allianzgi Convertible Price To Earning | 9.03 X |
Most of Allianzgi Convertible's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allianzgi Convertible Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Allianzgi Convertible Income has a Price To Earning of 9.03 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States funds is notably lower than that of the firm.
Allianzgi Convertible Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allianzgi Convertible's current stock value. Our valuation model uses many indicators to compare Allianzgi Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allianzgi Convertible competition to find correlations between indicators driving Allianzgi Convertible's intrinsic value. More Info.Allianzgi Convertible Income is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Allianzgi Convertible Income is roughly 13.48 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Allianzgi Convertible by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allianzgi Convertible's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Allianzgi Convertible's earnings, one of the primary drivers of an investment's value.Allianzgi Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allianzgi Convertible's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Allianzgi Convertible could also be used in its relative valuation, which is a method of valuing Allianzgi Convertible by comparing valuation metrics of similar companies.Allianzgi Convertible is currently under evaluation in price to earning among similar funds.
Allianzgi Fundamentals
| Return On Equity | 16.21 | |||
| Return On Asset | 1.86 | |||
| Profit Margin | (132.31) % | |||
| Operating Margin | 74.09 % | |||
| Current Valuation | 633.16 M | |||
| Shares Outstanding | 90.37 M | |||
| Shares Owned By Insiders | 0.01 % | |||
| Shares Owned By Institutions | 20.50 % | |||
| Number Of Shares Shorted | 16.08 K | |||
| Price To Earning | 9.03 X | |||
| Price To Book | 0.67 X | |||
| Price To Sales | 11.33 X | |||
| Revenue | 28.87 M | |||
| Gross Profit | 28.87 M | |||
| Net Income | (44.12 M) | |||
| Cash And Equivalents | 100 K | |||
| Total Debt | 36.82 M | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 0.50 X | |||
| Book Value Per Share | 5.43 X | |||
| Short Ratio | 0.03 X | |||
| Earnings Per Share | 0.40 X | |||
| Number Of Employees | 19 | |||
| Beta | 1.22 | |||
| Market Capitalization | 422.95 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 0.63 % | |||
| One Year Return | 2.54 % | |||
| Three Year Return | (8.38) % | |||
| Five Year Return | 1.10 % | |||
| Last Dividend Paid | 0.51 |
About Allianzgi Convertible Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allianzgi Convertible Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allianzgi Convertible using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allianzgi Convertible Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Virtus Convertible Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. Virtus Convertible Income Fund was formed on March 31, 2003 and is domiciled in the United States. Virtus Convertible operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allianzgi Convertible in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allianzgi Convertible's short interest history, or implied volatility extrapolated from Allianzgi Convertible options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Allianzgi Convertible Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Allianzgi Convertible information on this page should be used as a complementary analysis to other Allianzgi Convertible's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.