Allianzgi Convertible Valuation

NCV Fund  USD 13.66  0.16  1.19%   
At this time, the entity appears to be fairly valued. Allianzgi Convertible shows a prevailing Real Value of $13.62 per share. The current price of the fund is $13.66. We determine the value of Allianzgi Convertible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will blend.
Fairly Valued
Today
13.66
Please note that Allianzgi Convertible's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Allianzgi Convertible shows a prevailing Real Value of $13.62 per share. The current price of the fund is $13.66. We determine the value of Allianzgi Convertible from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor buying undervalued funds and disposing overvalued funds since, at some point, fund prices and their ongoing real values will blend.
The fair value of the Allianzgi fund is determined by what a typical buyer is willing to pay for full or partial control of Allianzgi Convertible Income. Since Allianzgi Convertible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allianzgi Fund. However, Allianzgi Convertible'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  13.66 Real  13.62 Hype  13.51 Naive  13.59
The intrinsic value of Allianzgi Convertible'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 Convertible'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.
13.62
Real Value
14.67
Upside
Estimating the potential upside or downside of Allianzgi Convertible Income helps investors to forecast how Allianzgi 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 Convertible more accurately as focusing exclusively on Allianzgi Convertible's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.5414.0814.62
Details
Hype
Prediction
LowEstimatedHigh
12.4613.5114.56
Details
Naive
Forecast
LowNext ValueHigh
12.5313.5914.64
Details

Allianzgi Convertible Total Value Analysis

Allianzgi Convertible Income is now forecasted to have company total value of 633.16 M with market capitalization of 422.95 M, debt of 36.82 M, and cash on hands of 100 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Allianzgi Convertible fundamentals before making security assessment based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
633.16 M
422.95 M
36.82 M
100 K

Allianzgi Convertible Asset Utilization

One of the ways to look at asset utilization of Allianzgi is to check how much profit was generated for every dollar of assets it reports. Allianzgi Convertible Income utilizes its assets nearly 1.86 percent, earning $0.0186 for each dollar of assets held by the entity. A positive asset utilization signifies that the company is slightly more effective with each dollar of assets it shows. Put another way, asset utilization of Allianzgi Convertible shows how effective it operates for each dollar spent on its assets.

Allianzgi Convertible Ownership Allocation

Allianzgi Convertible holds a total of 90.37 Million outstanding shares. Almost 79.49 percent of Allianzgi Convertible outstanding shares are held by general public with 0.01 (percent) owned by insiders and only 20.5 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.

Allianzgi Convertible Profitability Analysis

The company reported the last year's revenue of 28.87 M. Reported Net Loss for the year was (44.12 M) with profit before taxes, overhead, and interest of 28.87 M.

About Allianzgi Convertible Valuation

Our relative valuation model uses a comparative analysis of Allianzgi Convertible. We calculate exposure to Allianzgi Convertible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Allianzgi Convertible's related companies.
Virtus Convertible Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. Virtus Convertible Income Fund was formed on March 31, 2003 and is domiciled in the United States. Virtus Convertible operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Other Information on Investing in Allianzgi Fund

Allianzgi Convertible 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 Convertible security.
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