Allianzgi Mid Cap Fund Price on August 9, 2023
| DRMCX Fund | USD 6.22 0.03 0.48% |
Below is the normalized historical share price chart for Allianzgi Mid Cap Fund extending back to May 26, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Allianzgi Mid stands at 6.22, as last reported on the 13th of December 2024, with the highest price reaching 6.22 and the lowest price hitting 6.22 during the day.
If you're considering investing in Allianzgi Mutual Fund, it is important to understand the factors that can impact its price. Allianzgi Mid appears to be not too volatile, given 3 months investment horizon. Allianzgi Mid Cap secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Allianzgi Mid Cap Fund, which you can use to evaluate the volatility of the entity. Please makes use of Allianzgi Mid's Downside Deviation of 0.9555, mean deviation of 0.7176, and Risk Adjusted Performance of 0.2014 to double-check if our risk estimates are consistent with your expectations.
Allianzgi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Allianzgi |
Sharpe Ratio = 0.2405
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Allianzgi Mid is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allianzgi Mid by adding it to a well-diversified portfolio.
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Allianzgi Mid Valuation on August 9, 2023
It is possible to determine the worth of Allianzgi Mid on a given historical date. On August 9, 2023 Allianzgi was worth 4.44 at the beginning of the trading date compared to the closed value of 4.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allianzgi Mid mutual fund. Still, in general, we apply an absolute valuation method to find Allianzgi Mid's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Allianzgi Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allianzgi Mid's related companies.
| Open | High | Low | Close | Volume | |
| 4.47 | 4.47 | 4.47 | 4.47 | 1.00 | |
08/09/2023 | 4.44 | 4.44 | 4.44 | 4.44 | 1.00 |
| 4.44 | 4.44 | 4.44 | 4.44 | 1.00 |
| Backtest Allianzgi Mid | | | Allianzgi Mid History | | | Allianzgi Mid Valuation | Previous | Next |
Allianzgi Mid Trading Date Momentum on August 9, 2023
| On August 10 2023 Allianzgi Mid Cap Fund was traded for 4.44 at the closing time. The highest daily price throughout the period was 4.44 and the lowest price was 4.44 . There was no trading activity during the period 1.0. Lack of trading volume on 08/10/2023 did not affect price variability. The overall trading delta to current closing price is 2.03% . |
Allianzgi Mid Cap Fundamentals Correlations and Trends
By evaluating Allianzgi Mid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Allianzgi Mid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Allianzgi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Allianzgi Mid Mutual Fund history
Allianzgi Mid investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allianzgi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allianzgi Mid Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allianzgi Mid stock prices may prove useful in developing a viable investing in Allianzgi Mid
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in common stocks and other equity securities of medium-sized companies. The adviser currently defines medium-sized companies as those having market capitalizations comparable to those companies included in the Russell Midcap Growth Index. The fund normally invests primarily in equity securities of U.S. companies.
Allianzgi Mid Mutual Fund Technical Analysis
Allianzgi Mid technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Allianzgi Mid Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Allianzgi Mid Cap Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Allianzgi Mid December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Allianzgi Mid mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allianzgi Mid shares will generate the highest return on investment. By undertsting and applying Allianzgi Mid mutual fund market strength indicators, traders can identify Allianzgi Mid Cap Fund entry and exit signals to maximize returns
Allianzgi Mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allianzgi Mid's price direction in advance. Along with the technical and fundamental analysis of Allianzgi Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allianzgi to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2014 | |||
| Jensen Alpha | 0.1485 | |||
| Total Risk Alpha | 0.1178 | |||
| Sortino Ratio | 0.1569 | |||
| Treynor Ratio | 0.2483 |
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Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Mid 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 Mid security.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |