Allianzgi Convertible Income Fund Beneish M Score

NCV Fund  USD 3.14  0.05  1.62%   
This module uses fundamental data of Allianzgi Convertible to approximate the value of its Beneish M Score. Allianzgi Convertible M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check 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.
  
At this time, Allianzgi Convertible's M Score is inapplicable. The earnings manipulation may begin if Allianzgi Convertible's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Allianzgi Convertible executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Allianzgi Convertible's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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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.

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Check 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.