Allianzgi International Small Cap Fund Market Value
| ALOIX Fund | USD 30.70 0.38 1.25% |
| Symbol | Allianzgi |
Allianzgi International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Allianzgi International's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Allianzgi International.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Allianzgi International on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Allianzgi International Small Cap or generate 0.0% return on investment in Allianzgi International over 90 days. Allianzgi International is related to or competes with Stone Ridge, Delaware Limited, Fidelity Advisor, Madison Diversified, Global Diversified, Wells Fargo, and Diversified Bond. The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in companies with sm... More
Allianzgi International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Allianzgi International's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Allianzgi International Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1387 | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.17 |
Allianzgi International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allianzgi International's standard deviation. In reality, there are many statistical measures that can use Allianzgi International historical prices to predict the future Allianzgi International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | 0.0707 | |||
| Treynor Ratio | (0.03) |
Allianzgi International Backtested Returns
At this stage we consider Allianzgi Mutual Fund to be very steady. Allianzgi International secures Sharpe Ratio (or Efficiency) of 0.0418, which signifies that the fund had a 0.0418 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Allianzgi International Small Cap, which you can use to evaluate the volatility of the entity. Please confirm Allianzgi International's Mean Deviation of 0.4552, risk adjusted performance of (0.01), and Standard Deviation of 0.681 to double-check if the risk estimate we provide is consistent with the expected return of 0.0292%. The fund shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allianzgi International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi International is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
Allianzgi International Small Cap has weak predictability. Overlapping area represents the amount of predictability between Allianzgi International time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Allianzgi International price movement. The serial correlation of 0.24 indicates that over 24.0% of current Allianzgi International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Allianzgi International lagged returns against current returns
Autocorrelation, which is Allianzgi International mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Allianzgi International's mutual fund expected returns. We can calculate the autocorrelation of Allianzgi International returns to help us make a trade decision. For example, suppose you find that Allianzgi International has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Allianzgi International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Allianzgi International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allianzgi International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allianzgi International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Allianzgi International Lagged Returns
When evaluating Allianzgi International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allianzgi International mutual fund have on its future price. Allianzgi International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Allianzgi International autocorrelation shows the relationship between Allianzgi International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Allianzgi International Small Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Allianzgi Mutual Fund
Allianzgi International 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 International security.
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