Allianzgi Nfj Large Cap Fund Market Value

PNBCX Fund  USD 28.77  0.28  0.96%   
Allianzgi Nfj's market value is the price at which a share of Allianzgi Nfj trades on a public exchange. It measures the collective expectations of Allianzgi Nfj Large Cap investors about its performance. Allianzgi Nfj is trading at 28.77 as of the 13th of February 2025; that is 0.96 percent decrease since the beginning of the trading day. The fund's open price was 29.05.
With this module, you can estimate the performance of a buy and hold strategy of Allianzgi Nfj Large Cap and determine expected loss or profit from investing in Allianzgi Nfj over a given investment horizon. Check out Allianzgi Nfj Correlation, Allianzgi Nfj Volatility and Allianzgi Nfj Alpha and Beta module to complement your research on Allianzgi Nfj.
Symbol

Please note, there is a significant difference between Allianzgi Nfj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allianzgi Nfj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allianzgi Nfj's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Allianzgi Nfj '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 Nfj'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 Nfj.
0.00
01/14/2025
No Change 0.00  0.0 
In 30 days
02/13/2025
0.00
If you would invest  0.00  in Allianzgi Nfj on January 14, 2025 and sell it all today you would earn a total of 0.00 from holding Allianzgi Nfj Large Cap or generate 0.0% return on investment in Allianzgi Nfj over 30 days. Allianzgi Nfj is related to or competes with Allianzgi Nfj, Allianzgi Convertible, Allianzgi Nfj, Allianzgi Focused, Allianzgi Nfj, Allianzgi Convertible, and Allianzgi Convertible. The fund normally invests at least 80 percent of its net assets in common stocks and other equity securities of companie... More

Allianzgi Nfj 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 Nfj'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 Nfj Large Cap upside and downside potential and time the market with a certain degree of confidence.

Allianzgi Nfj Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Nfj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allianzgi Nfj's standard deviation. In reality, there are many statistical measures that can use Allianzgi Nfj historical prices to predict the future Allianzgi Nfj's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allianzgi Nfj's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
28.0028.7729.54
Details
Intrinsic
Valuation
LowRealHigh
28.0828.8529.62
Details
Naive
Forecast
LowNextHigh
27.2828.0528.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.4228.9629.51
Details

Allianzgi Nfj Large Backtested Returns

Allianzgi Nfj Large secures Sharpe Ratio (or Efficiency) of -0.0759, which signifies that the fund had a -0.0759 % return per unit of risk over the last 3 months. Allianzgi Nfj Large Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allianzgi Nfj's Standard Deviation of 0.748, risk adjusted performance of (0.06), and Mean Deviation of 0.5819 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allianzgi Nfj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi Nfj is expected to be smaller as well.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Allianzgi Nfj Large Cap has modest reverse predictability. Overlapping area represents the amount of predictability between Allianzgi Nfj time series from 14th of January 2025 to 29th of January 2025 and 29th of January 2025 to 13th of February 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 Nfj Large price movement. The serial correlation of -0.49 indicates that about 49.0% of current Allianzgi Nfj price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.66
Residual Average0.0
Price Variance0.02
Allianzgi ReturnsAllianzgi Lagged ReturnsDiversified AwayAllianzgi ReturnsAllianzgi Lagged ReturnsDiversified Away100%

Allianzgi Nfj Large lagged returns against current returns

Autocorrelation, which is Allianzgi Nfj 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 Nfj's mutual fund expected returns. We can calculate the autocorrelation of Allianzgi Nfj returns to help us make a trade decision. For example, suppose you find that Allianzgi Nfj 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   
JavaScript chart by amCharts 3.21.15Jan 29Jan 31FebFeb 04Feb 06Feb 08Feb 10Feb 12-1%0%1%2%3%4% 1
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Allianzgi Nfj 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 Nfj mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allianzgi Nfj 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 Nfj mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Jan 29Jan 31FebFeb 04Feb 06Feb 08Feb 10Feb 1228.528.628.728.828.929.029.129.229.3
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Allianzgi Nfj Lagged Returns

When evaluating Allianzgi Nfj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allianzgi Nfj mutual fund have on its future price. Allianzgi Nfj 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 Nfj autocorrelation shows the relationship between Allianzgi Nfj mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Allianzgi Nfj Large Cap.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 14Jan 18Jan 22Jan 26Jan 30FebFeb 07Feb 1128.228.428.628.829.029.229.4
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       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 Nfj 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 Nfj security.
Transaction History
View history of all your transactions and understand their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
News Freq…Investor S…