AllianzGI Stock Today

NCV -  USA Stock  

USD 6.25  0.01  0.16%

AllianzGI Convertible is selling for under 6.25 as of the 26th of October 2021; that is -0.16 percent down since the beginning of the trading day. The stock's lowest day price was 6.24. AllianzGI Convertible has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for AllianzGI Convertible Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2019 and ending today, the 26th of October 2021. Click here to learn more.
 Market Performance
6 of 100
  Odds Of Distress
Less than 24
AllianzGI Convertible Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. AllianzGI Convertible Income Fund was formed on March 31, 2003 and is domiciled in the United States. AllianzGI Convertible operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 90.37 M outstanding shares of which 141.32 K shares are now shorted by investors with about 0.36 days to cover. More on AllianzGI Convertible Income
Follow Valuation Odds of Bankruptcy
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AllianzGI Convertible Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. AllianzGI Convertible's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AllianzGI Convertible or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company has 28.85 M in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. AllianzGI Convertible has a current ratio of 0.3, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
On 8th of October 2021 AllianzGI Convertible paid $ 0.0425 per share dividend to its current shareholders
Latest headline from www.equities.com: Virtus AllianzGI Equity Convertibleome Fund falls 0.23 percent for October 21 - Equities.com
Legal NameAllianzGI Convertible Income
CEO and PresJulian Sluyters  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of AllianzGI Convertible's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
AllianzGI Convertible Income (NCV) is traded on New York Stock Exchange in USA and employs 19 people. The company currently falls under 'Small-Cap' category with total capitalization of 562.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AllianzGI Convertible's market, we take the total number of its shares issued and multiply it by AllianzGI Convertible's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. AllianzGI Convertible runs under Financial Services sector within Asset Management industry. The entity has 90.37 M outstanding shares of which 141.32 K shares are now shorted by investors with about 0.36 days to cover.
Check AllianzGI Convertible Probability Of Bankruptcy
Ownership
AllianzGI Convertible holds a total of ninety million three hundred seventy thousand outstanding shares. Almost 79.0 percent of AllianzGI Convertible outstanding shares are held by regular investors with 0.0 (percent) owned by insiders and only 21.2 % by other corporate entities. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check AllianzGI Ownership Details

AllianzGI Stock Price Odds Analysis

What are AllianzGI Convertible's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of AllianzGI Convertible jumping above the current price in 90 days from now is about 6.08%. The AllianzGI Convertible Income probability density function shows the probability of AllianzGI Convertible stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon AllianzGI Convertible has a beta of 0.4254. This indicates as returns on the market go up, AllianzGI Convertible average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AllianzGI Convertible Income will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0513, implying that it can generate a 0.0513 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 6.25HorizonTargetOdds Up 6.25 
93.71%90 days
 6.25 
6.08%
Based on a normal probability distribution, the odds of AllianzGI Convertible to move above the current price in 90 days from now is about 6.08 (This AllianzGI Convertible Income probability density function shows the probability of AllianzGI Stock to fall within a particular range of prices over 90 days) .

AllianzGI Convertible Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AllianzGI Convertible market risk premium is the additional return an investor will receive from holding AllianzGI Convertible long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AllianzGI Convertible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AllianzGI Convertible's alpha and beta are two of the key measurements used to evaluate AllianzGI Convertible's performance over the market, the standard measures of volatility play an important role as well.

AllianzGI Stock Against Markets

Picking the right benchmark for AllianzGI Convertible stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AllianzGI Convertible stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AllianzGI Convertible is critical whether you are bullish or bearish towards AllianzGI Convertible Income at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AllianzGI Convertible without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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AllianzGI Convertible Corporate Management

Elected by the shareholders, the AllianzGI Convertible's board of directors comprises two types of representatives: AllianzGI Convertible inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AllianzGI. The board's role is to monitor AllianzGI Convertible's management team and ensure that shareholders' interests are well served. AllianzGI Convertible's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AllianzGI Convertible's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nancy Engberg - Senior Vice PresidentProfile
Erick Holt - TrusteeProfile
Peter Batchelar - Senior Vice PresidentProfile
Debra Rubano - Assistant SecretaryProfile
James Jacobson - Independent TrusteeProfile
Additionally, see Stocks Correlation. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running AllianzGI Convertible price analysis, check to measure AllianzGI Convertible's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AllianzGI Convertible is operating at the current time. Most of AllianzGI Convertible's value examination focuses on studying past and present price action to predict the probability of AllianzGI Convertible's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AllianzGI Convertible's price. Additionally, you may evaluate how the addition of AllianzGI Convertible to your portfolios can decrease your overall portfolio volatility.
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Is AllianzGI Convertible's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AllianzGI Convertible. If investors know AllianzGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AllianzGI Convertible listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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 AllianzGI Convertible value 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.