Allianzgi Convertible Income Etf Annual Yield
| CBH Etf | USD 8.94 0.02 0.22% |
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 Etf. 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 etf.
AllianzGI |
AllianzGI Convertible Income ETF Annual Yield Analysis
AllianzGI Convertible's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current AllianzGI Convertible Annual Yield | 0 % |
Most of AllianzGI Convertible's fundamental indicators, such as Annual Yield, 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.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
| Competition |
In accordance with the recently published financial statements, AllianzGI Convertible Income has an Annual Yield of 0.0046%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The annual yield for all United States etfs is notably lower than that of the firm.
AllianzGI Annual Yield 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 Annual Yield to detect undervalued stocks with similar characteristics or determine the etfs 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 annual yield as compared to similar ETFs.
AllianzGI Fundamentals
| Shares Outstanding | 18.26 M | ||||
| Shares Owned By Institutions | 27.37 % | ||||
| Number Of Shares Shorted | 1.4 K | ||||
| Price To Earning | 6.39 X | ||||
| Short Ratio | 0.06 X | ||||
| Earnings Per Share | 1.37 X | ||||
| Market Capitalization | 135.47 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 1.36 % | ||||
| One Year Return | 6.52 % | ||||
| Three Year Return | 2.54 % | ||||
| Five Year Return | 5.70 % | ||||
| Last Dividend Paid | 0.55 |
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 etf, 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.
Currently Active Assets on Macroaxis
Check out AllianzGI Convertible Piotroski F Score and AllianzGI Convertible Altman Z Score analysis. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of AllianzGI Convertible is measured differently than its book value, which is the value of AllianzGI that is recorded on the company's balance sheet. Investors also form their own opinion of AllianzGI Convertible's value that differs from its market value or its book value, called intrinsic value, which is AllianzGI Convertible's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AllianzGI Convertible's market value can be influenced by many factors that don't directly affect AllianzGI Convertible's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AllianzGI Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if AllianzGI Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianzGI Convertible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.