Allianzgi Convertible Income Fund Manager Performance Evaluation
| NCZ Fund | USD 11.64 0.15 1.31% |
The fund shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allianzgi Convertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi Convertible is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Allianzgi Convertible Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest abnormal performance, the Fund's fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more1 | Virtus Convertible Income Fund and Virtus Convertible Income Fund II Announce Monthly Distributions - WICZ | 03/06/2025 |
Allianzgi |
Allianzgi Convertible Relative Risk vs. Return Landscape
If you would invest 1,258 in Allianzgi Convertible Income on December 17, 2024 and sell it today you would lose (94.00) from holding Allianzgi Convertible Income or give up 7.47% of portfolio value over 90 days. Allianzgi Convertible Income is generating negative expected returns assuming volatility of 1.1269% on return distribution over 90 days investment horizon. In other words, 10% of funds are less volatile than Allianzgi, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Allianzgi Convertible Current Valuation
Fairly Valued
Today
Please note that Allianzgi Convertible's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Allianzgi Convertible shows a prevailing Real Value of $11.79 per share. The current price of the fund is $11.64. We determine the value of Allianzgi Convertible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Since Allianzgi Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allianzgi Fund. However, Allianzgi Convertible's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.64 | Real 11.79 | Hype 11.63 | Naive 11.54 |
The intrinsic value of Allianzgi Convertible's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Allianzgi Convertible's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Allianzgi Convertible Income helps investors to forecast how Allianzgi fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Allianzgi Convertible more accurately as focusing exclusively on Allianzgi Convertible's fundamentals will not take into account other important factors: Allianzgi Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Convertible's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Allianzgi Convertible Income, and traders can use it to determine the average amount a Allianzgi Convertible's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1092
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| Negative Returns | NCZ |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Allianzgi Convertible 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 Allianzgi Convertible by adding Allianzgi Convertible to a well-diversified portfolio.
Allianzgi Convertible Fundamentals Growth
Allianzgi Fund prices reflect investors' perceptions of the future prospects and financial health of Allianzgi Convertible, and Allianzgi Convertible fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Allianzgi Fund performance.
| Return On Equity | 15.74 | ||||
| Return On Asset | 1.87 | ||||
| Profit Margin | (128.90) % | ||||
| Operating Margin | 72.65 % | ||||
| Current Valuation | 490.64 M | ||||
| Shares Outstanding | 76.12 M | ||||
| Price To Earning | 8.89 X | ||||
| Price To Book | 0.62 X | ||||
| Price To Sales | 10.48 X | ||||
| Revenue | 22.02 M | ||||
| Cash And Equivalents | 100 K | ||||
| Debt To Equity | 17.60 % | ||||
| Book Value Per Share | 4.87 X | ||||
| Cash Flow From Operations | 63.46 M | ||||
| Earnings Per Share | 0.34 X | ||||
| Total Asset | 551.78 M | ||||
| Retained Earnings | (585.32 M) | ||||
About Allianzgi Convertible Performance
Evaluating Allianzgi Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Allianzgi Convertible has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Allianzgi Convertible has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Virtus Convertible Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible Income Fund II. Virtus Convertible Income Fund II was formed on July 31, 2003 and is domiciled in the United States.Things to note about Allianzgi Convertible performance evaluation
Checking the ongoing alerts about Allianzgi Convertible for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Allianzgi Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Allianzgi Convertible generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Virtus Convertible Income Fund and Virtus Convertible Income Fund II Announce Monthly Distributions - WICZ |
- Analyzing Allianzgi Convertible's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Allianzgi Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Allianzgi Convertible's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Allianzgi Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allianzgi Convertible's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Allianzgi Convertible's fund. These opinions can provide insight into Allianzgi Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Allianzgi Fund
Allianzgi Convertible financial ratios help investors to determine whether Allianzgi 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 Convertible security.
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