Allianzgi Diversified Income Fund Beta
| ACV Fund | USD 20.14 0.24 1.21% |
Allianzgi Diversified Income fundamentals help investors to digest information that contributes to Allianzgi Diversified's financial success or failures. It also enables traders to predict the movement of Allianzgi Fund. The fundamental analysis module provides a way to measure Allianzgi Diversified's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Allianzgi Diversified fund.
Allianzgi |
Allianzgi Diversified Income Fund Beta Analysis
Allianzgi Diversified's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Allianzgi Diversified Beta | 1.54 |
Most of Allianzgi Diversified's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allianzgi Diversified Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Allianzgi Diversified Income has a Beta of 1.54. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The beta for all United States funds is notably lower than that of the firm.
Allianzgi Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allianzgi Diversified's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Allianzgi Diversified could also be used in its relative valuation, which is a method of valuing Allianzgi Diversified by comparing valuation metrics of similar companies.Allianzgi Diversified is currently under evaluation in beta among similar funds.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Allianzgi Diversified will likely underperform.
Allianzgi Fundamentals
| Shares Outstanding | 10.35 M | ||||
| Shares Owned By Insiders | 0.04 % | ||||
| Shares Owned By Institutions | 25.30 % | ||||
| Number Of Shares Shorted | 1.58 K | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | 1.70 X | ||||
| Beta | 1.54 | ||||
| Market Capitalization | 252.84 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 4.25 % | ||||
| One Year Return | 7.63 % | ||||
| Three Year Return | 5.18 % | ||||
| Five Year Return | 14.22 % | ||||
| Last Dividend Paid | 2.16 |
About Allianzgi Diversified Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allianzgi Diversified Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allianzgi Diversified using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allianzgi Diversified Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Allianzgi Fund
Allianzgi Diversified 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 Diversified security.
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