Allianzgi Convertible Financials
| NCV Fund | USD 3.14 0.05 1.62% |
Allianzgi |
Please note that past performance is not an indicator of the future performance of Allianzgi Convertible, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Allianzgi Convertible Fund Summary
Allianzgi Convertible competes with BlackRock Floating, Eaton Vance, Apollo Senior, and Eaton Vance. 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.Specialization | null, Convertibles |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US92838X1028 |
| CUSIP | 018828103 92838X102 001190107 65370F101 |
| Location | New York; U.S.A |
| Business Address | 1633 Broadway |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | NYSE Composite |
| Website | www.allianzinvestors.com/products/pages/12.aspx |
| Phone | 212 739 3000 |
| Currency | USD - US Dollar |
You should never invest in Allianzgi Convertible Income without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Allianzgi Fund, because this is throwing your money away. Analyzing the key information contained in Allianzgi Convertible's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Allianzgi Convertible Key Financial Ratios
Generally speaking, Allianzgi Convertible's financial ratios allow both analysts and investors to convert raw data from Allianzgi Convertible's financial statements into concise, actionable information that can be used to evaluate the performance of Allianzgi Convertible over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Allianzgi Convertible reports annually and quarterly.Allianzgi Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allianzgi Convertible's current stock value. Our valuation model uses many indicators to compare Allianzgi Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allianzgi Convertible competition to find correlations between indicators driving Allianzgi Convertible's intrinsic value. More Info.Allianzgi Convertible Income is regarded second largest fund in price to earning among similar funds. It is regarded second largest fund in price to book among similar funds fabricating about 0.07 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Allianzgi Convertible Income is roughly 13.48 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Allianzgi Convertible by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allianzgi Convertible's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Allianzgi Convertible's earnings, one of the primary drivers of an investment's value.Allianzgi Convertible Systematic Risk
Allianzgi Convertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Allianzgi Convertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Allianzgi Convertible correlated with the market. If Beta is less than 0 Allianzgi Convertible generally moves in the opposite direction as compared to the market. If Allianzgi Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Allianzgi Convertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Allianzgi Convertible is generally in the same direction as the market. If Beta > 1 Allianzgi Convertible moves generally in the same direction as, but more than the movement of the benchmark.
Allianzgi Convertible April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Allianzgi Convertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Allianzgi Convertible Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Allianzgi Convertible Income based on widely used predictive technical indicators. In general, we focus on analyzing Allianzgi Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Allianzgi Convertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.28 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.85 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.26 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.