Allianzgi Equity Convertible Fund Manager Performance Evaluation
| NIE Fund | USD 24.59 0.27 1.11% |
The fund shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allianzgi Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi Equity is expected to be smaller as well.
Risk-Adjusted Performance
20 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Allianzgi Equity Convertible are ranked lower than 20 (%) of all funds and portfolios of funds over the last 90 days. In spite of rather inconsistent forward indicators, Allianzgi Equity may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more1 | US House fails to pass federal funding bill as shutdown deadline nears - The Guardian US | 09/18/2024 |
2 | Virtus Equity Convertible Income Fund Announces Distributions and Discloses Sources of Distribution Section 19 Notice - Business Wire | 11/20/2024 |
| Expense Ratio | 1.1200 |
Allianzgi |
Allianzgi Equity Relative Risk vs. Return Landscape
If you would invest 2,182 in Allianzgi Equity Convertible on September 2, 2024 and sell it today you would earn a total of 277.00 from holding Allianzgi Equity Convertible or generate 12.69% return on investment over 90 days. Allianzgi Equity Convertible is generating 0.1896% of daily returns assuming volatility of 0.7378% on return distribution over 90 days investment horizon. In other words, 6% of funds are less volatile than Allianzgi, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Allianzgi Equity Current Valuation
Undervalued
Today
Please note that Allianzgi Equity's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Allianzgi Equity Con shows a prevailing Real Value of $25.52 per share. The current price of the fund is $24.59. We determine the value of Allianzgi Equity Con from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will blend.
The fair value of the Allianzgi fund is determined by what a typical buyer is willing to pay for full or partial control of Allianzgi Equity Convertible. Since Allianzgi Equity is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allianzgi Fund. However, Allianzgi Equity'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 24.59 | Real 25.52 | Hype 24.56 |
The real value of Allianzgi Fund, also known as its intrinsic value, is the underlying worth of Allianzgi Equity Con Fund, which is reflected in its stock price. It is based on Allianzgi Equity's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Allianzgi Equity'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, or news.
Estimating the potential upside or downside of Allianzgi Equity Convertible 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 Equity more accurately as focusing exclusively on Allianzgi Equity's fundamentals will not take into account other important factors: Allianzgi Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Equity's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Allianzgi Equity Convertible, and traders can use it to determine the average amount a Allianzgi Equity'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 = 0.257
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Allianzgi Equity is performing at about 20% 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 Equity by adding it to a well-diversified portfolio.
Allianzgi Equity Fundamentals Growth
Allianzgi Fund prices reflect investors' perceptions of the future prospects and financial health of Allianzgi Equity, and Allianzgi Equity 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.
| Shares Outstanding | 27.71 M | ||||
| Price To Earning | 8.07 X | ||||
| Earnings Per Share | 2.68 X | ||||
| Total Asset | 305.74 M | ||||
| Retained Earnings | (232.29 M) | ||||
About Allianzgi Equity Performance
By analyzing Allianzgi Equity's fundamental ratios, stakeholders can gain valuable insights into Allianzgi Equity's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Allianzgi Equity 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 Equity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Virtus Equity Convertible Income Fund is a closed ended equity 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 the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing convertible securities. It employs fundamental analysis focusing on factors like above-average earnings growth, high return on invested capital, a healthy or improving balance sheet, strong competitive advantages, and development of new technologies to make its investments. The fund was formerly known as AGIC Equity Convertible Income Fund. Virtus Equity Convertible Income Fund was formed on Feb 27, 2007 and is domiciled in the United States.Things to note about Allianzgi Equity Con performance evaluation
Checking the ongoing alerts about Allianzgi Equity for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Allianzgi Equity Con help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Virtus Equity Convertible Income Fund Announces Distributions and Discloses Sources of Distribution Section 19 Notice - Business Wire |
- Analyzing Allianzgi Equity'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 Equity's stock is overvalued or undervalued compared to its peers.
- Examining Allianzgi Equity'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 Equity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allianzgi Equity's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Allianzgi Equity's fund. These opinions can provide insight into Allianzgi Equity's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Allianzgi Fund
Allianzgi Equity 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 Equity security.
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