Allianzgi Best Styles Fund Price on November 19, 2024
| ABSTX Fund | USD 25.23 0.18 0.71% |
Below is the normalized historical share price chart for Allianzgi Best Styles extending back to December 11, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Allianzgi Best stands at 25.23, as last reported on the 18th of December 2024, with the highest price reaching 25.23 and the lowest price hitting 25.23 during the day.
If you're considering investing in Allianzgi Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Allianzgi Mutual Fund to be very steady. Allianzgi Best Styles secures Sharpe Ratio (or Efficiency) of 0.0626, which signifies that the fund had a 0.0626% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Allianzgi Best Styles, which you can use to evaluate the volatility of the entity. Please confirm Allianzgi Best's Risk Adjusted Performance of 0.0692, mean deviation of 0.6269, and Downside Deviation of 0.8546 to double-check if the risk estimate we provide is consistent with the expected return of 0.0512%.
Allianzgi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Allianzgi |
Sharpe Ratio = 0.0626
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Allianzgi Best is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allianzgi Best by adding it to a well-diversified portfolio.
Allianzgi Best Valuation on November 19, 2024
It is possible to determine the worth of Allianzgi Best on a given historical date. On November 19, 2024 Allianzgi was worth 24.8 at the beginning of the trading date compared to the closed value of 24.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allianzgi Best mutual fund. Still, in general, we apply an absolute valuation method to find Allianzgi Best's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Allianzgi Best where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allianzgi Best's related companies.
| Open | High | Low | Close | Volume | |
| 24.72 | 24.72 | 24.72 | 24.72 | 1.00 | |
11/19/2024 | 24.80 | 24.80 | 24.80 | 24.80 | 1.00 |
| 24.76 | 24.76 | 24.76 | 24.76 | 1.00 |
| Backtest Allianzgi Best | | | Allianzgi Best History | | | Allianzgi Best Valuation | Previous | Next |
Allianzgi Best Trading Date Momentum on November 19, 2024
| On November 20 2024 Allianzgi Best Styles was traded for 24.76 at the closing time. The highest daily price throughout the period was 24.76 and the lowest price was 24.76 . There was no trading activity during the period 1.0. Lack of trading volume on 11/20/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.16% . The overall trading delta to current closing price is 0.65% . |
Allianzgi Best Styles Fundamentals Correlations and Trends
By evaluating Allianzgi Best's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allianzgi Best's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allianzgi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allianzgi Best Mutual Fund history
Allianzgi Best investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allianzgi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allianzgi Best Styles will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allianzgi Best stock prices may prove useful in developing a viable investing in Allianzgi Best
The fund invests its assets primarily in shares of any number of other no-load and load-waived mutual funds, which may include ETFs. Some of the underlying funds invest in the stocks of small, medium and large capitalization domestic or international companies while others invest in fixed-income securities of varying maturities and credit qualities, including government and corporate bonds, as well as high-yield securities or junk bonds. It may commit up to 80 percent of its net assets at any given time to underlying funds that invest in high-yield or junk bond securities.
Allianzgi Best Mutual Fund Technical Analysis
Allianzgi Best technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Allianzgi Best Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Allianzgi Best Styles cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Allianzgi Best December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Allianzgi Best mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allianzgi Best shares will generate the highest return on investment. By undertsting and applying Allianzgi Best mutual fund market strength indicators, traders can identify Allianzgi Best Styles entry and exit signals to maximize returns
Allianzgi Best Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allianzgi Best's price direction in advance. Along with the technical and fundamental analysis of Allianzgi Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allianzgi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0692 | |||
| Jensen Alpha | 0.0258 | |||
| Total Risk Alpha | 0.0018 | |||
| Sortino Ratio | 0.0136 | |||
| Treynor Ratio | 0.092 |
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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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