Allianzgi Technology Competition

Mutual Funds . USA . 
Fund . Allianzgi Technology Fund
RAGTX Fund  USD 62.24  0.17  0.27%   
Allianzgi Technology competes with Red Oak, Kinetics Internet, Morningstar Unconstrained, Thrivent High, and Via Renewables; as well as few others. The fund is listed under Technology category and is part of Allianz Global Investors family. Analyzing Allianzgi Technology competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Allianzgi Technology to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Allianzgi Technology Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Allianzgi Technology competition on your existing holdings.
  
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allianzgi Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
60.8362.2463.65
Details
Intrinsic
Valuation
LowRealHigh
60.5261.9363.34
Details
Naive
Forecast
LowNextHigh
59.5260.9362.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
62.0262.1862.34
Details

Allianzgi Technology Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Allianzgi Technology and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Allianzgi and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Allianzgi Technology does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MSTSX
+ 0.85
ROGSX
RRTLX
+ 0.81
MSTSX
SITKF
+ 0.79
MSTSX
OSHDF
+ 0.78
VIASP
VIASP
+ 0.75
WWWFX
RRTLX
+ 0.73
ROGSX
  
High negative correlations   
SITKF
- 0.13
VIASP
VIASP
- 0.13
MSTSX
SITKF
- 0.09
OSHDF
OSHDF
- 0.05
MSTSX
RRTLX
- 0.04
VIASP
SITKF
- 0.0
AQUI

Risk-Adjusted Indicators

There is a big difference between Allianzgi Mutual Fund performing well and Allianzgi Technology Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Allianzgi Technology's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ROGSX  0.87 (0.09)(0.05) 0.04  1.35 
(0.85)
 1.70 
(2.51)
 5.59 
WWWFX  1.39  0.47  0.47  0.43  0.50 
(1.74)
 4.09 
(1.90)
 8.53 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
MSTSX  0.50 (0.04)(0.13) 0.06  0.52 
(0.61)
 1.21 
(1.02)
 2.80 
LBHIX  0.11  0.02 (0.41) 2.96  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
VIASP  0.72  0.00 (0.02) 0.00  1.05 
(0.80)
 2.28 
(1.15)
 7.18 
RRTLX  0.24  0.00 (0.33) 0.37  0.26 
(0.27)
 0.56 
(0.56)
 1.37 
OSHDF  39.65  22.65  0.00 (0.96) 0.00 
 0.00 
 0.00 
 0.00 
 1,329 
70082LAB3  0.99  0.03 (0.04) 1.55  2.18 
(1.09)
 1.75 
(1.69)
 24.27 
SITKF  5.58  1.06  0.14  3.03  5.02 
(8.21)
 14.29 
(9.09)
 32.64 
All Fundamental Data

Allianzgi Technology Competitive Analysis

The better you understand Allianzgi Technology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Allianzgi Technology's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Allianzgi Technology's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RAGTX ROGSX WWWFX AQUI MSTSX LBHIX VIASP RRTLX OSHDF 70082LAB3
 0.27 
 62.24 
Allianzgi
 0.08 
 48.47 
Red
 4.09 
 120.43 
Kinetics
 0.00 
 0.01 
Aquagold
 0.43 
 11.73 
Morningstar
 0.24 
 4.25 
Thrivent
 0.54 
 22.46 
Via
 0.24 
 12.57 
RRTLX
 1,329 
 0.01 
Oshidori
 5.13 
 85.38 
70082LAB3
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Market Performance
(90 Days Performance)
OK
Insignificant
Strong
Very Weak
Insignificant
Good
OK
Weak
OK
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Average
Low
Low
Average
Low
Average
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Sell
Strong Buy
Strong Sell
Hold
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
3.49
N/A
N/A
N/A
Net Asset
2.51 B
529.55 M
158.3 M
3.19 K
116.1 M
674.44 M
355.28 M
1.46 B
6.31 B
N/A
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
0.0094
N/A
N/A
N/A
EBITDA
N/A
N/A
N/A
(727.69 K)
N/A
N/A
33.09 M
N/A
(3.49 B)
N/A
Price To Book
4.0
3.3
2.33
N/A
N/A
1.58
N/A
2.13
0.005
N/A
Current Valuation
N/A
N/A
N/A
912.76 K
N/A
N/A
535.95 M
N/A
103.84 M
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.14
N/A
1.04
N/A
Five Year Return
19.49
14.94
26.84
N/A
8.6
3.31
8.97
0.0406
N/A
N/A
Retained Earnings
N/A
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
40.97
29.38
97.39
N/A
19.87
11.68
N/A
0.067
N/A
N/A
Beta
N/A
N/A
N/A
7.05
N/A
N/A
1.16
N/A
0.67
N/A
Cash Position Weight
5.99
1.87
20.33
N/A
14.28
6.56
N/A
7.22
N/A
N/A
Equity Positions Weight
94.01
98.13
45.16
N/A
61.63
0.07
N/A
38.52
N/A
N/A
Number Of Employees
1
1
1
7
1
1
169
1
31
N/A
Shares Outstanding
N/A
N/A
N/A
965.83 K
N/A
N/A
N/A
N/A
6.11 B
N/A
Three Year Return
4.78
8.24
17.87
N/A
7.0
2.59
N/A
0.0491
N/A
N/A
Cash Flow From Operations
N/A
N/A
N/A
(218.19 K)
N/A
N/A
12.7 M
N/A
499.26 M
N/A
Annual Yield
N/A
0.0015
N/A
N/A
0.021
0.0617
0.0972
0.0211
N/A
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
135 M
N/A
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
0.017
N/A
-0.5
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
22.72
92.23
N/A
14.43
N/A
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
1.0
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
-5.5
N/A
N/A
-0.11
N/A
-0.46
N/A
Book Value Per Share
N/A
N/A
N/A
-1.18
N/A
N/A
3.66
N/A
0.89
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
N/A
Minimum Initial Investment
N/A
2 K
2.5 K
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
797.97 M
N/A
155.12 M
3.19 K
215.11 M
347.66 M
355.28 M
1.03 B
6.31 B
N/A
Last Dividend Paid
N/A
0.12
N/A
N/A
N/A
0.02
0.73
0.14
N/A
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
0.69
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.7
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.84
N/A
Market Capitalization
N/A
N/A
N/A
96.58 K
50.36 M
N/A
N/A
N/A
233.49 M
N/A
Price To Earning
25.11
19.7
23.99
-0.22
N/A
35.48
26.83
18.25
N/A
N/A
Price To Sales
2.99
1.3
1.9
N/A
N/A
1.23
N/A
1.57
N/A
N/A
Net Income
N/A
N/A
N/A
(627.79 K)
N/A
N/A
5.2 M
N/A
(3.15 B)
N/A
Earnings Per Share
N/A
N/A
N/A
-0.63
N/A
N/A
1.17
N/A
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
30.28
N/A
Year To Date Return
31.71
21.59
86.14
N/A
13.69
6.69
N/A
-0.0211
N/A
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
393.49 M
N/A
(3.1 B)
N/A
Ten Year Return
18.19
17.76
11.74
N/A
N/A
6.0
N/A
5.76
N/A
N/A
Working Capital
N/A
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
1.15 K
N/A
N/A
51.31 M
N/A
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
3.23
N/A
N/A
N/A
Gross Profit
N/A
N/A
N/A
(143.88 K)
N/A
N/A
74.67 M
N/A
(4.09 B)
N/A
Day Typical Price
62.24
48.47
120.43
0.006
11.73
4.25
22.4
12.57
0.01
85.38
Accumulation Distribution
N/A
N/A
N/A
N/A
N/A
N/A
0.0085
N/A
N/A
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
9.2 T
0.0
9.2 T
9.2 T
0.6316
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
Period Momentum Indicator
0.17
(0.04)
4.73
N/A
0.05
0.01
0.12
(0.03)
0.0093
(4.62)
Rate Of Daily Change
1.0
1.0
1.04
1.0
1.0
1.0
1.01
1.0
14.29
0.95
Day Median Price
62.24
48.47
120.43
0.006
11.73
4.25
22.37
12.57
0.01
85.38
Price Action Indicator
0.085
(0.02)
2.37
N/A
0.025
0.005
0.16
(0.01)
0.0046
(2.31)
Relative Strength Index
64.22
50.23
51.28
N/A
13.35
11.7
67.94
29.21
N/A
81.85
Coefficient Of Variation
843.34
2345.61
275.97
N/A
1372.45
583.8
1077.04
2073.35
812.4
5777.29
Mean Deviation
0.9717
0.8729
1.39
N/A
0.4952
0.1099
0.7202
0.2405
39.65
0.9851
Jensen Alpha
0.0154
(0.09)
0.4707
N/A
(0.04)
0.0182
N/A
0.0034
22.65
0.0281
Total Risk Alpha
(0.06)
(0.15)
0.3657
N/A
(0.06)
(0.01)
(0.08)
(0.04)
(5.63)
(0.34)
Sortino Ratio
0.0198
(0.05)
0.4693
N/A
(0.13)
(0.41)
(0.02)
(0.33)
N/A
(0.04)
Downside Variance
3.36
2.07
1.29
N/A
0.4204
0.0625
1.57
0.1206
N/A
5.09
Standard Deviation
1.41
1.24
1.83
N/A
0.6394
0.1689
1.14
0.3112
163.54
2.34
Kurtosis
1.67
1.79
1.64
N/A
(0)
3.69
5.9
(0.02)
66.0
22.36
Potential Upside
1.8
1.7
4.09
N/A
1.21
0.2381
2.28
0.5564
N/A
1.75
Treynor Ratio
0.1339
0.0398
0.4301
N/A
0.0585
2.96
N/A
0.374
(0.96)
1.55
Maximum Drawdown
6.65
5.59
8.53
N/A
2.8
0.9552
7.18
1.37
1328.57
24.27
Variance
1.98
1.55
3.36
N/A
0.4088
0.0285
1.31
0.0969
26743.97
5.47
Market Risk Adjusted Performance
0.1439
0.0498
0.4401
N/A
0.0685
2.97
N/A
0.384
(0.95)
1.56
Risk Adjusted Performance
0.0955
0.0365
0.2837
N/A
0.0539
0.096
0.0745
0.0223
0.1044
0.02
Skewness
(0.74)
(0.71)
1.09
N/A
0.1122
1.16
(0.94)
0.0832
8.12
0.8071
Semi Deviation
1.52
1.35
0.4973
N/A
0.5171
0.0
1.05
0.264
N/A
2.18
Information Ratio
0.0257
(0.06)
0.291
N/A
(0.13)
(0.60)
(0.02)
(0.37)
0.1223
(0.04)
Value At Risk
(2.47)
(2.51)
(1.90)
N/A
(1.02)
(0.24)
(1.15)
(0.56)
N/A
(1.69)
Expected Short fall
(0.88)
(0.85)
(1.74)
N/A
(0.61)
(0.29)
(0.80)
(0.27)
N/A
(1.09)
Downside Deviation
1.83
1.44
1.14
N/A
0.6484
0.25
1.25
0.3473
N/A
2.26
Semi Variance
2.32
1.81
0.2473
N/A
0.2674
(0.02)
1.1
0.0697
N/A
4.75

Allianzgi Technology Competition Performance Charts

Five steps to successful analysis of Allianzgi Technology Competition

Allianzgi Technology's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Allianzgi Technology in relation to its competition. Allianzgi Technology's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Allianzgi Technology in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Allianzgi Technology's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Allianzgi Technology, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Allianzgi Technology position

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Other Information on Investing in Allianzgi Mutual Fund

Allianzgi Technology 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 Technology security.
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