Advent Claymore Financials
| AVK Fund | USD 11.86 0.05 0.42% |
Advent |
Please note that you must use caution to infer results of funds 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.
Advent Claymore Fund Summary
Advent Claymore competes with Nuveen Global, Blackstone Gso, Thornburg Income, Western Asset, and Guggenheim Taxable. Advent Claymore Convertible Securities and Income Fund is a closed-ended fixed income mutual fund launched and managed by Advent Capital Management, LLC. The fund primarily invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across the diversified sectors. The fund invests approximately 60 percent of its portfolio in convertible securities and rest in lower-grade non-convertible income securities. It employs fundamental analysis to create its portfolio. Advent Claymore Convertible Securities and Income Fund was formed on April 29, 2003 and is domiciled in the United States.Specialization | null, Convertibles |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US00764C1099 |
| CUSIP | 00764C109 |
| Location | Illinois; U.S.A |
| Business Address | 888 Seventh Avenue |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | www.guggenheimfunds.com/cef/fund/avk |
| Phone | 212 482 1600 |
| Currency | USD - US Dollar |
Advent Claymore Key Financial Ratios
Advent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Advent Claymore's current stock value. Our valuation model uses many indicators to compare Advent Claymore value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advent Claymore competition to find correlations between indicators driving Advent Claymore's intrinsic value. More Info.Advent Claymore Convertible is second largest fund in price to earning among similar funds. It is the top 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 Advent Claymore Convertible is roughly 14.41 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Advent Claymore by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Advent Claymore Conv Systematic Risk
Advent Claymore's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Advent Claymore 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Advent Claymore Conv correlated with the market. If Beta is less than 0 Advent Claymore generally moves in the opposite direction as compared to the market. If Advent Claymore Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Advent Claymore Conv is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Advent Claymore is generally in the same direction as the market. If Beta > 1 Advent Claymore moves generally in the same direction as, but more than the movement of the benchmark.
Advent Claymore Thematic Clasifications
Advent Claymore Convertible is part of Convertibles Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date
This theme covers Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. Get More Thematic Ideas
| Convertibles Funds | View |
Advent Claymore November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Advent Claymore help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Advent Claymore Convertible. We use our internally-developed statistical techniques to arrive at the intrinsic value of Advent Claymore Convertible based on widely used predictive technical indicators. In general, we focus on analyzing Advent Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Advent Claymore's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8872 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.25 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.43 |
Other Information on Investing in Advent Fund
Advent Claymore financial ratios help investors to determine whether Advent 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 Advent with respect to the benefits of owning Advent Claymore security.
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