Allianzgi Convertible Income Fund Buy Hold or Sell Recommendation

NCV Fund  USD 3.14  0.05  1.62%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Allianzgi Convertible Income is 'Strong Hold'. Macroaxis provides Allianzgi Convertible buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NCV positions. The advice algorithm takes into account all of Allianzgi Convertible's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Allianzgi Convertible's buy or sell advice are summarized below:
Real Value
3.15
Hype Value
3.14
Market Value
3.14
Naive Value
3.07
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Allianzgi Convertible Income given historical horizon and risk tolerance towards Allianzgi Convertible. When Macroaxis issues a 'buy' or 'sell' recommendation for Allianzgi Convertible Income, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Allianzgi Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Allianzgi and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Allianzgi Convertible Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Execute Allianzgi Convertible Buy or Sell Advice

The Allianzgi recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Allianzgi Convertible Income. Macroaxis does not own or have any residual interests in Allianzgi Convertible Income or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Allianzgi Convertible's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Allianzgi ConvertibleBuy Allianzgi Convertible
Strong Hold

Market Performance

Very WeakDetails

Volatility

Somewhat reliableDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Allianzgi Convertible Income has a Risk Adjusted Performance of (0), Jensen Alpha of (0.1), Total Risk Alpha of (0.14) and Treynor Ratio of (0.02)
We provide trade advice to complement the prevailing expert consensus on Allianzgi Convertible. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. To make sure Allianzgi Convertible is not overpriced, please confirm all Allianzgi Convertible fundamentals, including its price to book and the relationship between the cash and equivalents and annual yieldprice to book, short ratio, last dividend paid, as well as the relationship between the cash and equivalents and annual yield .

Allianzgi Convertible Trading Alerts and Improvement Suggestions

Allianzgi Convertible Returns Distribution Density

The distribution of Allianzgi Convertible's historical returns is an attempt to chart the uncertainty of Allianzgi Convertible's future price movements. The chart of the probability distribution of Allianzgi Convertible daily returns describes the distribution of returns around its average expected value. We use Allianzgi Convertible Income price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Allianzgi Convertible returns is essential to provide solid investment advice for Allianzgi Convertible.
Mean Return
-0.01
Value At Risk
-1.85
Potential Upside
1.26
Standard Deviation
0.89
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Allianzgi Convertible historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Allianzgi Convertible Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Allianzgi Convertible or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Allianzgi Convertible's price will be affected by overall fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Allianzgi fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.1
β
Beta against NYSE Composite1.00
σ
Overall volatility
0.92
Ir
Information ratio -0.11

Allianzgi Convertible Volatility Alert

Allianzgi Convertible Income exhibits very low volatility with skewness of -1.01 and kurtosis of 1.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Allianzgi Convertible's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Allianzgi Convertible's fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Allianzgi Convertible Fundamentals Vs Peers

Comparing Allianzgi Convertible's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Allianzgi Convertible's direct or indirect competition across all of the common fundamentals between Allianzgi Convertible and the related equities. This way, we can detect undervalued stocks with similar characteristics as Allianzgi Convertible or determine the funds which would be an excellent addition to an existing portfolio. Peer analysis of Allianzgi Convertible's fundamental indicators could also be used in its relative valuation, which is a method of valuing Allianzgi Convertible by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Allianzgi Convertible to competition
FundamentalsAllianzgi ConvertiblePeer Average
Price To Earning9.03 X6.53 X
Price To Book0.67 X0.74 X
Price To Sales11.33 X0.61 X
Beta1.22
Annual Yield0.01 %0.29 %
Year To Date Return0.63 %0.39 %
One Year Return2.54 %4.15 %
Three Year Return(8.38) %3.60 %
Five Year Return1.10 %3.24 %
Last Dividend Paid0.510.65

Allianzgi Convertible Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Allianzgi . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Allianzgi Convertible Buy or Sell Advice

When is the right time to buy or sell Allianzgi Convertible Income? Buying financial instruments such as Allianzgi Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Allianzgi Convertible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Mid Cap ETFs Thematic Idea Now

Mid Cap ETFs
Mid Cap ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Mid Cap ETFs theme has 70 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Mid Cap ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out Allianzgi Convertible Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Allianzgi Convertible information on this page should be used as a complementary analysis to other Allianzgi Convertible's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Allianzgi Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allianzgi Convertible is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allianzgi Convertible'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.