Allianzgi Nfj International Fund Price To Book
| ANJIX Fund | USD 19.61 0.17 0.87% |
Allianzgi Nfj International fundamentals help investors to digest information that contributes to Allianzgi Nfj's financial success or failures. It also enables traders to predict the movement of Allianzgi Mutual Fund. The fundamental analysis module provides a way to measure Allianzgi Nfj's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Allianzgi Nfj mutual fund.
Allianzgi |
Allianzgi Nfj International Mutual Fund Price To Book Analysis
Allianzgi Nfj's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Allianzgi Nfj Price To Book | 1.32 X |
Most of Allianzgi Nfj's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allianzgi Nfj International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Allianzgi Nfj International has a Price To Book of 1.32 times. This is much higher than that of the Allianz Global Investors family and significantly higher than that of the Foreign Large Value category. The price to book for all United States funds is notably lower than that of the firm.
Allianzgi Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allianzgi Nfj's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Allianzgi Nfj could also be used in its relative valuation, which is a method of valuing Allianzgi Nfj by comparing valuation metrics of similar companies.Allianzgi Nfj is currently under evaluation in price to book among similar funds.
Fund Asset Allocation for Allianzgi Nfj
The fund consists of 95.54% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Allianzgi Nfj's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Allianzgi Fundamentals
| Price To Earning | 11.78 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 1.03 X | |||
| Total Asset | 42.51 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 0.19 % | |||
| One Year Return | 2.00 % | |||
| Three Year Return | (3.30) % | |||
| Five Year Return | 2.62 % | |||
| Ten Year Return | 1.85 % | |||
| Net Asset | 154.4 M | |||
| Minimum Initial Investment | 1000 K | |||
| Last Dividend Paid | 0.09 | |||
| Cash Position Weight | 4.11 % | |||
| Equity Positions Weight | 95.54 % |
About Allianzgi Nfj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allianzgi Nfj International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allianzgi Nfj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allianzgi Nfj International based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allianzgi Nfj in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allianzgi Nfj's short interest history, or implied volatility extrapolated from Allianzgi Nfj options trading.
Pair Trading with Allianzgi Nfj
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allianzgi Nfj position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allianzgi Nfj will appreciate offsetting losses from the drop in the long position's value.Moving together with Allianzgi Mutual Fund
| 0.68 | ANNPX | Allianzgi Vertible | PairCorr |
| 0.87 | ANPRX | Allianzgi Nfj Mid | PairCorr |
| 0.85 | ANVIX | Allianzgi Nfj Large | PairCorr |
| 0.64 | ANZCX | Allianzgi Vertible | PairCorr |
The ability to find closely correlated positions to Allianzgi Nfj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allianzgi Nfj when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allianzgi Nfj - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allianzgi Nfj International to buy it.
The correlation of Allianzgi Nfj is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allianzgi Nfj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allianzgi Nfj Intern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allianzgi Nfj can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allianzgi Nfj International. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.