Virtus Allianzgi Convertible Preferred Stock Price on November 8, 2024
NCV-PA Preferred Stock | USD 22.08 0.02 0.09% |
If you're considering investing in Virtus Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Virtus AllianzGI stands at 22.08, as last reported on the 11th of December 2024, with the highest price reaching 22.08 and the lowest price hitting 21.97 during the day. Virtus AllianzGI Con owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0449, which indicates the firm had a -0.0449% return per unit of risk over the last 3 months. Virtus AllianzGI Convertible exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Virtus AllianzGI's Variance of 0.3742, coefficient of variation of (3,067), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Virtus Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = -0.0449
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NCV-PA |
Estimated Market Risk
0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Virtus AllianzGI is not performing at its full potential. However, 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 Virtus AllianzGI by adding Virtus AllianzGI to a well-diversified portfolio.
Virtus AllianzGI Valuation on November 8, 2024
It is possible to determine the worth of Virtus AllianzGI on a given historical date. On November 8, 2024 Virtus was worth 22.33 at the beginning of the trading date compared to the closed value of 22.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus AllianzGI preferred stock. Still, in general, we apply an absolute valuation method to find Virtus AllianzGI'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 Virtus AllianzGI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus AllianzGI's related companies.
Open | High | Low | Close | Volume | |
22.24 | 22.35 | 22.10 | 22.20 | 17,346 | |
11/08/2024 | 22.33 | 22.39 | 22.01 | 22.24 | 165,409 |
22.12 | 22.29 | 21.82 | 22.15 | 20,182 |
Backtest Virtus AllianzGI | | | Virtus AllianzGI History | | | Virtus AllianzGI Valuation | Previous | Next |
Virtus AllianzGI Trading Date Momentum on November 8, 2024
On November 11 2024 Virtus AllianzGI Convertible was traded for 22.15 at the closing time. The maximum traded price for the trading interval was 22.29 and the lowest daily price was 21.82 . The daily volume was recorded at 20.2 K. The volume of trading on 11th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.40% . The trading price change to the closing price today is 0.67% . |
Virtus AllianzGI Con Fundamentals Correlations and Trends
By evaluating Virtus AllianzGI'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 Virtus AllianzGI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Virtus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Virtus AllianzGI Preferred Stock history
Virtus AllianzGI 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 Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus AllianzGI Con 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 Virtus AllianzGI stock prices may prove useful in developing a viable investing in Virtus AllianzGI
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 is traded on NYQ Exchange in the United States.
Virtus AllianzGI Preferred Stock Technical Analysis
Virtus AllianzGI technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Virtus AllianzGI Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Virtus AllianzGI Convertible cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Virtus AllianzGI December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus AllianzGI preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus AllianzGI shares will generate the highest return on investment. By undertsting and applying Virtus AllianzGI preferred stock market strength indicators, traders can identify Virtus AllianzGI Convertible entry and exit signals to maximize returns
Virtus AllianzGI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus AllianzGI's price direction in advance. Along with the technical and fundamental analysis of Virtus Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus 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 | (0.03) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | 0.2307 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Virtus Preferred Stock analysis
When running Virtus AllianzGI's price analysis, check to measure Virtus AllianzGI'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 Virtus AllianzGI is operating at the current time. Most of Virtus AllianzGI's value examination focuses on studying past and present price action to predict the probability of Virtus AllianzGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus AllianzGI's price. Additionally, you may evaluate how the addition of Virtus AllianzGI to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |