Allianzgi Best Competition

ABSTX Fund

USD 25.23 0.18 0.71%

Allianzgi Best Styles competes with Ab Select, Qs International, Us Vector, Scharf Fund, and Rbc Global; as well as few others. The fund is listed under Tactical Allocation category and is part of Teberg family. Analyzing Allianzgi Best competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Allianzgi Best to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Allianzgi Best Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Allianzgi Best competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allianzgi Best's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
24.41	25.23	26.05

Details

Intrinsic

Valuation

Low	Real	High
24.32	25.14	25.96

Details

Allianzgi Best Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Allianzgi Best and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Allianzgi and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Allianzgi Best Styles does not affect the price movement of the other competitor.

	AUUIX	LGFEX	DFVEX	LOGRX	RGELX	SILLX	CGEOX
AUUIX		-0.47	0.71	0.81	0.6	0.64	0.49	AUUIX
LGFEX	-0.47		-0.67	-0.52	-0.48	-0.5	-0.24	LGFEX
DFVEX	0.71	-0.67		0.86	0.92	0.95	0.77	DFVEX
LOGRX	0.81	-0.52	0.86		0.74	0.77	0.62	LOGRX
RGELX	0.6	-0.48	0.92	0.74		0.97	0.89	RGELX
SILLX	0.64	-0.5	0.95	0.77	0.97		0.87	SILLX
CGEOX	0.49	-0.24	0.77	0.62	0.89	0.87		CGEOX
	AUUIX	LGFEX	DFVEX	LOGRX	RGELX	SILLX	CGEOX

Click cells to compare fundamentals

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High positive correlations

SILLX	+ 0.97	RGELX
SILLX	+ 0.95	DFVEX
RGELX	+ 0.92	DFVEX
CGEOX	+ 0.89	RGELX
CGEOX	+ 0.87	SILLX
LOGRX	+ 0.86	DFVEX

High negative correlations

DFVEX	- 0.67	LGFEX
LOGRX	- 0.52	LGFEX
SILLX	- 0.5	LGFEX
RGELX	- 0.48	LGFEX
LGFEX	- 0.47	AUUIX
CGEOX	- 0.24	LGFEX

Risk-Adjusted Indicators

There is a big difference between Allianzgi Mutual Fund performing well and Allianzgi Best Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Allianzgi Best's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AUUIX	0.53	(0.03)	0.00	(0.14)	0.00	0.00	1.01	(0.96)	10.08
LGFEX	0.60	(0.05)	0.00	(0.92)	0.00	0.00	1.22	(1.21)	4.02
DFVEX	0.56	0.02	0.04	0.08	0.48	(0.69)	1.26	(0.88)	5.26
LOGRX	0.45	(0.01)	(0.13)	(0.03)	0.46	(0.52)	0.86	(0.76)	3.02
RGELX	0.51	0.02	0.00	0.09	0.55	(0.57)	1.31	(0.93)	3.60
SILLX	0.54	0.01	(0.01)	0.07	0.78	(0.55)	1.44	(1.17)	3.17
CGEOX	0.58	0.08	0.04	1.74	0.59	(0.67)	1.30	(1.25)	4.11

Unable to evaluate fundamental data of [AUUIX, LGFEX, DFVEX, LOGRX, RGELX, SILLX, CGEOX] at this time. Please try again later

All Fundamental Data

Allianzgi Best Competitive Analysis

The better you understand Allianzgi Best competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Allianzgi Best's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Allianzgi Best's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ABSTX	AUUIX	LGFEX	DFVEX	LOGRX	RGELX	SILLX	CGEOX
	0.71 25.23 Allianzgi	0.23 22.11 AUUIX	0.32 18.81 LGFEX	0.81 28.06 DFVEX	0.76 54.75 Scharf	0.72 10.98 Rbc	3.25 25.61 SILLX	0.61 19.89 Calamos
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	Very Weak	Very Weak	Modest	Very Weak	Modest	Insignificant	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Cautious Hold	Sell	Strong Hold	Cautious Hold	Strong Hold	Strong Hold	Strong Hold
Net Asset	43.66 M	256.14 M	298.08 M	5.06 B	405.74 M	4.49 M	176.74 M	99.19 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	10 K	N/A	N/A	N/A
Price To Book	N/A	2.22 X	1.45 X	1.61 X	N/A	N/A	1.88 X	N/A
Five Year Return	N/A	15.09 %	5.88 %	12.21 %	9.95 %	N/A	12.69 %	N/A
Last Dividend Paid	4.09	0.02	0.21	0.07	0.23	N/A	N/A	N/A
One Year Return	N/A	30.82 %	9.96 %	22.43 %	12.23 %	N/A	29.44 %	N/A
Price To Earning	N/A	13.43 X	13.87 X	16.80 X	N/A	N/A	13.93 X	N/A
Price To Sales	N/A	1.40 X	0.92 X	0.95 X	N/A	N/A	1.06 X	N/A
Cash Position Weight	15.54 %	3.30 %	0.98 %	0.89 %	3.85 %	N/A	0.66 %	2.33 %
Equity Positions Weight	84.14 %	96.71 %	98.83 %	99.07 %	96.15 %	N/A	99.34 %	97.67 %
Three Year Return	N/A	10.44 %	4.80 %	9.01 %	6.04 %	N/A	9.76 %	N/A
Annual Yield	N/A	0 %	0.02 %	0.01 %	0 %	0.01 %	0 %	0 %
Year To Date Return	N/A	29.34 %	7.58 %	18.54 %	10.32 %	N/A	27.63 %	N/A
Ten Year Return	N/A	N/A	4.34 %	8.88 %	N/A	N/A	8.43 %	N/A
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T
Day Typical Price	25.23	22.11	18.81	28.06	54.75	10.98	25.61	19.89
Period Momentum Indicator	(0.18)	0.05	(0.06)	(0.23)	(0.42)	(0.08)	(0.86)	0.12
Rate Of Daily Change	0.99	1.0	1.0	0.99	0.99	0.99	0.97	1.01
Day Median Price	25.23	22.11	18.81	28.06	54.75	10.98	25.61	19.89
Price Action Indicator	(0.09)	0.025	(0.03)	(0.12)	(0.21)	(0.04)	(0.43)	0.06
Coefficient Of Variation	1069.65	(7,782)	(1,886)	893.26	8006.99	1029.72	1318.29	795.78
Mean Deviation	0.6269	0.533	0.6005	0.5607	0.4542	0.5077	0.5426	0.5782
Jensen Alpha	0.0258	(0.03)	(0.05)	0.022	(0.01)	0.0214	0.0082	0.0844
Total Risk Alpha	0.0018	(0.11)	(0.11)	0.0167	(0.05)	0.0018	(0.01)	0.0256
Sortino Ratio	0.0136	N/A	N/A	0.04	(0.13)	(0)	(0.01)	0.0413
Downside Variance	0.7304	N/A	N/A	0.3777	0.2285	0.4608	0.802	0.5129
Standard Deviation	0.8481	1.11	0.7687	0.8245	0.573	0.6763	0.7696	0.7741
Kurtosis	1.89	30.39	0.7304	8.53	2.18	0.6522	4.54	0.8433
Potential Upside	1.3	1.01	1.22	1.26	0.861	1.31	1.44	1.3
Treynor Ratio	0.092	(0.14)	(0.92)	0.0787	(0.03)	0.0938	0.0695	1.74
Maximum Drawdown	4.44	10.08	4.02	5.26	3.02	3.6	3.17	4.11
Variance	0.7193	1.22	0.5909	0.6798	0.3283	0.4573	0.5922	0.5992
Market Risk Adjusted Performance	0.102	(0.13)	(0.91)	0.0887	(0.02)	0.1038	0.0795	1.75
Risk Adjusted Performance	0.0692	(0.01)	(0.04)	0.0823	0.0064	0.0697	0.0556	0.0917
Skewness	0.291	(4.37)	0.4372	1.98	0.9797	0.1775	(1.03)	0.1321
Semi Deviation	0.6791	N/A	N/A	0.4785	0.4634	0.5538	0.7826	0.5938
Information Ratio	0.0137	(0.07)	(0.14)	0.0298	(0.11)	(0)	(0.01)	0.0382
Value At Risk	(1.20)	(0.96)	(1.21)	(0.88)	(0.76)	(0.93)	(1.17)	(1.25)
Expected Short fall	(0.75)	N/A	N/A	(0.69)	(0.52)	(0.57)	(0.55)	(0.67)
Downside Deviation	0.8546	N/A	N/A	0.6146	0.478	0.6788	0.8955	0.7162
Semi Variance	0.4612	N/A	N/A	0.229	0.2148	0.3067	0.6124	0.3526

Allianzgi Best Competition Performance Charts

Five steps to successful analysis of Allianzgi Best Competition

Allianzgi Best's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Allianzgi Best Styles in relation to its competition. Allianzgi Best's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Allianzgi Best in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Allianzgi Best's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Allianzgi Best Styles, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Allianzgi Best position

In addition to having Allianzgi Best in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Furniture

Companies producing and selling home and office furniture. The Furniture theme has 42 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Furniture Theme or any other thematic opportunities.

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Other Information on Investing in Allianzgi Mutual Fund

Allianzgi Best financial ratios help investors to determine whether Allianzgi Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Allianzgi with respect to the benefits of owning Allianzgi Best security.

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