Allianzgi Convertible Income Fund Manager Performance Evaluation
| XNCVX Fund | USD 14.83 0.02 0.13% |
The fund shows a Beta (market volatility) of 1.67, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Allianzgi Convertible will likely underperform.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Allianzgi Convertible Income are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Allianzgi Convertible showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.4500 |
Allianzgi |
Allianzgi Convertible Relative Risk vs. Return Landscape
If you would invest 387.00 in Allianzgi Convertible Income on December 27, 2024 and sell it today you would earn a total of 1,096 from holding Allianzgi Convertible Income or generate 283.2% return on investment over 90 days. Allianzgi Convertible Income is currently producing 4.9578% returns and takes up 39.0147% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Allianzgi, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Allianzgi Convertible Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Convertible's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Allianzgi Convertible Income, and traders can use it to determine the average amount a Allianzgi Convertible'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 = 0.1271
| Best Portfolio | Best Equity | XNCVX | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 39.01 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.96 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Allianzgi Convertible is performing at about 10% 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 Convertible by adding it to a well-diversified portfolio.
Allianzgi Convertible Fundamentals Growth
Allianzgi Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Allianzgi Convertible, and Allianzgi Convertible 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 Convertible Performance
Evaluating Allianzgi Convertible's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Allianzgi Convertible 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 Convertible 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.
Allianzgi Convertible is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Allianzgi Convertible performance evaluation
Checking the ongoing alerts about Allianzgi Convertible for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Allianzgi Convertible help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Allianzgi Convertible is way too risky over 90 days horizon | |
| Allianzgi Convertible appears to be risky and price may revert if volatility continues |
- Analyzing Allianzgi Convertible'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 Convertible's stock is overvalued or undervalued compared to its peers.
- Examining Allianzgi Convertible'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 Convertible's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Allianzgi Convertible's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Allianzgi Convertible's mutual fund. These opinions can provide insight into Allianzgi Convertible's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Convertible 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 Convertible security.
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