Allianzgi Technology Fund Manager Performance Evaluation

RAGTX Fund  USD 64.05  0.47  0.73%   
The fund shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Allianzgi Technology returns are very sensitive to returns on the market. As the market goes up or down, Allianzgi Technology is expected to follow.

Risk-Adjusted Performance

14 of 100

 
Weak
 
Strong
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Allianzgi Technology Fund are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Allianzgi Technology showed solid returns over the last few months and may actually be approaching a breakup point.
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Expense Ratio Date6th of November 2020
Expense Ratio1.4300
  

Allianzgi Technology Relative Risk vs. Return Landscape

If you would invest  5,611  in Allianzgi Technology Fund on September 12, 2024 and sell it today you would earn a total of  794.00  from holding Allianzgi Technology Fund or generate 14.15% return on investment over 90 days. Allianzgi Technology Fund is currently producing 0.217% returns and takes up 1.1619% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Allianzgi, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Allianzgi Technology is expected to generate 1.58 times more return on investment than the market. However, the company is 1.58 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 per unit of risk.

Allianzgi Technology Current Valuation

Fairly Valued
Today
64.05
Please note that Allianzgi Technology's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Allianzgi Technology shows a prevailing Real Value of $65.33 per share. The current price of the fund is $64.05. We determine the value of Allianzgi Technology from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Allianzgi Technology is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allianzgi Mutual Fund. However, Allianzgi Technology'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  64.05 Real  65.33 Hype  64.05 Naive  65.06
The intrinsic value of Allianzgi Technology'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 Technology'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.
65.33
Real Value
66.49
Upside
Estimating the potential upside or downside of Allianzgi Technology Fund helps investors to forecast how Allianzgi mutual 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 Technology more accurately as focusing exclusively on Allianzgi Technology's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
60.4362.7064.96
Details
Hype
Prediction
LowEstimatedHigh
62.8964.0565.21
Details
Naive
Forecast
LowNext ValueHigh
63.9065.0666.22
Details

Allianzgi Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Technology's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Allianzgi Technology Fund, and traders can use it to determine the average amount a Allianzgi Technology'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 = 0.1867

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Estimated Market Risk

 1.16
  actual daily
10
90% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Allianzgi Technology is performing at about 14% 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 Technology by adding it to a well-diversified portfolio.

Allianzgi Technology Fundamentals Growth

Allianzgi Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Allianzgi Technology, and Allianzgi Technology 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 Mutual Fund performance.

About Allianzgi Technology Performance

Evaluating Allianzgi Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Allianzgi Technology 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 Technology 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.
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in common stocks of U.S. companies and other U.S.-traded equity securities of technology companies. The funds managers consider U.S.-traded equity securities to include ADRs, as well as securities that are traded in the U.S. that have been issued by companies established, domiciled or operating in foreign countries. It is non-diversified.

Things to note about Allianzgi Technology performance evaluation

Checking the ongoing alerts about Allianzgi Technology for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Allianzgi Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund maintains about 5.99% of its assets in cash
Evaluating Allianzgi Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Allianzgi Technology's mutual fund performance include:
  • Analyzing Allianzgi Technology'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 Technology's stock is overvalued or undervalued compared to its peers.
  • Examining Allianzgi Technology'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 Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allianzgi Technology's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Allianzgi Technology's mutual fund. These opinions can provide insight into Allianzgi Technology's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Allianzgi Technology's mutual fund performance is not an exact science, and many factors can impact Allianzgi Technology's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Allianzgi Mutual Fund

Allianzgi Technology 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 Technology security.
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