Allianzgi Vertible Financials
| ANZAX Fund | USD 32.98 0.02 0.06% |
Allianzgi |
Please note that past performance is not an indicator of the future performance of Allianzgi Vertible, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Allianzgi Vertible Fund Summary
Allianzgi Vertible competes with Franklin Vertible, Franklin Vertible, Franklin Vertible, Allianzgi Vertible, and Allianzgi Vertible. 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.Specialization | Convertibles, Convertibles |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US01900C6802 |
| Business Address | Virtus Strategy Trust |
| Mutual Fund Family | Allianz Global Investors |
| Mutual Fund Category | Convertibles |
| Benchmark | NYSE Composite |
| Phone | 800 243 1574 |
| Currency | USD - US Dollar |
Allianzgi Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allianzgi Vertible's current stock value. Our valuation model uses many indicators to compare Allianzgi Vertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allianzgi Vertible competition to find correlations between indicators driving Allianzgi Vertible's intrinsic value. More Info.Allianzgi Vertible Fund is rated below average in annual yield among similar funds. It is fourth largest fund in year to date return among similar funds creating about 916.67 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Allianzgi Vertible by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allianzgi Vertible's Mutual 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 Vertible's earnings, one of the primary drivers of an investment's value.Allianzgi Vertible Systematic Risk
Allianzgi Vertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Allianzgi Vertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Allianzgi Vertible correlated with the market. If Beta is less than 0 Allianzgi Vertible generally moves in the opposite direction as compared to the market. If Allianzgi Vertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Allianzgi Vertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Allianzgi Vertible is generally in the same direction as the market. If Beta > 1 Allianzgi Vertible moves generally in the same direction as, but more than the movement of the benchmark.
Allianzgi Vertible May 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Allianzgi Vertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Allianzgi Vertible Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Allianzgi Vertible Fund based on widely used predictive technical indicators. In general, we focus on analyzing Allianzgi Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Allianzgi Vertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8082 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.01 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.01 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allianzgi Vertible Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Allianzgi Vertible information on this page should be used as a complementary analysis to other Allianzgi Vertible'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.