AllianzGI Stock Technical Analysis

NCV -  USA Stock  

USD 6.25  0.01  0.16%

As of the 26th of October, AllianzGI Convertible shows the Downside Deviation of 0.9926, risk adjusted performance of 0.0606, and Mean Deviation of 0.6507. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of AllianzGI Convertible, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for AllianzGI Convertible Income, which can be compared to its rivals. Please confirm AllianzGI Convertible coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if AllianzGI Convertible is priced correctly, providing market reflects its regular price of 6.25 per share. Given that AllianzGI Convertible has jensen alpha of 0.0513, we suggest you to validate AllianzGI Convertible Income's prevailing market performance to make sure the company can sustain itself at a future point.

AllianzGI Technical Analysis 

 
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AllianzGI Convertible technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AllianzGI Convertible technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AllianzGI Convertible trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

AllianzGI Convertible Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AllianzGI Convertible volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

AllianzGI Convertible Trend Analysis

Use this graph to draw trend lines for AllianzGI Convertible Income. You can use it to identify possible trend reversals for AllianzGI Convertible as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AllianzGI Convertible price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

AllianzGI Convertible Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AllianzGI Convertible Income applied against its price change over selected period. The best fit line has a slop of   0.00141  , which may imply that AllianzGI Convertible Income will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted AllianzGI Convertible price change compared to its average price change.

About AllianzGI Convertible Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AllianzGI Convertible Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AllianzGI Convertible Income based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AllianzGI Convertible stock first instead of the macroeconomic environment surrounding AllianzGI Convertible. By analyzing AllianzGI Convertible's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AllianzGI Convertible's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AllianzGI Convertible specific price patterns or momentum indicators. Please read more on our technical analysis page.

AllianzGI Convertible October 26, 2021 Technical Indicators

Most technical analysis of AllianzGI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AllianzGI from various momentum indicators to cycle indicators. When you analyze AllianzGI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

AllianzGI Convertible October 26, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AllianzGI stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for AllianzGI Stock analysis

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.