AllianzGI NFJ Risk Analysis And Volatility

ANDVX -- USA Fund  

USD 11.52  0.00  0.00%

Macroaxis considers AllianzGI NFJ unknown risk given 2 months investment horizon. AllianzGI NFJ Dividend secures Sharpe Ratio (or Efficiency) of 0.2852 which signifies that the fund had 0.2852% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for AllianzGI NFJ Dividend Value R6 which you can use to evaluate future volatility of the entity. Please makes use of AllianzGI NFJ Dividend Risk Adjusted Performance of (0.08) and Mean Deviation of 0.9232 to double-check if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

AllianzGI NFJ Dividend Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

AllianzGI NFJ Projected Return Density Against Market

Assuming 30 trading days horizon, AllianzGI NFJ has beta of 0.0 . This suggests the returns on DOW and AllianzGI NFJ do not appear to be sensitive. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of AllianzGI NFJ is 350.66. The daily returns are destributed with a variance of 1.54 and standard deviation of 1.24. The mean deviation of AllianzGI NFJ Dividend Value R6 is currently at 0.76. For similar time horizon, the selected benchmark (DOW) has volatility of 1.79
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.24
Ir
Information ratio =0.1

AllianzGI NFJ Return Volatility

the fund shows 1.2415% volatility of returns over 30 trading days. the entity inherits 1.9038% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

AllianzGI NFJ Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

AllianzGI NFJ Investment Opportunity

DOW has a standard deviation of returns of 1.9 and is 1.53 times more volatile than AllianzGI NFJ Dividend Value R6. 11% of all equities and portfolios are less risky than AllianzGI NFJ. Compared to the overall equity markets, volatility of historical daily returns of AllianzGI NFJ Dividend Value R6 is lower than 11 (%) of all global equities and portfolios over the last 30 days.

AllianzGI NFJ Volatility Indicators

AllianzGI NFJ Dividend Value R6 Current Risk Indicators

Check also Trending Equities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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