Allianzgi Health Sciences Fund Price on June 11, 2024
| RCGHX Fund | USD 16.82 0.12 0.71% |
Below is the normalized historical share price chart for Allianzgi Health Sciences extending back to June 26, 2002. 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 Health stands at 16.82, as last reported on the 11th of December 2024, with the highest price reaching 16.82 and the lowest price hitting 16.82 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 Health Sciences secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the fund had a -0.12% return per unit of risk over the last 3 months. Allianzgi Health Sciences exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allianzgi Health's Risk Adjusted Performance of (0.07), standard deviation of 0.7453, and Mean Deviation of 0.5963 to double-check the risk estimate we provide.
Allianzgi Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Allianzgi |
Sharpe Ratio = -0.1205
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Allianzgi Health is not performing at its full potential. However, 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 Health by adding Allianzgi Health to a well-diversified portfolio.
Allianzgi Health Valuation on June 11, 2024
It is possible to determine the worth of Allianzgi Health on a given historical date. On June 11, 2024 Allianzgi was worth 18.05 at the beginning of the trading date compared to the closed value of 18.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Allianzgi Health mutual fund. Still, in general, we apply an absolute valuation method to find Allianzgi Health'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 Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Allianzgi Health's related companies.
| Open | High | Low | Close | Volume | |
| 18.08 | 18.08 | 18.08 | 18.08 | 1.00 | |
06/11/2024 | 18.05 | 18.05 | 18.05 | 18.05 | 1.00 |
| 18.12 | 18.12 | 18.12 | 18.12 | 1.00 |
| Backtest Allianzgi Health | | | Allianzgi Health History | | | Allianzgi Health Valuation | Previous | Next |
Allianzgi Health Trading Date Momentum on June 11, 2024
| On June 12 2024 Allianzgi Health Sciences was traded for 18.12 at the closing time. The highest daily price throughout the period was 18.12 and the lowest price was 18.12 . There was no trading activity during the period 1.0. Lack of trading volume on 06/12/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.39% . The overall trading delta to current closing price is 0.17% . |
Allianzgi Health Sciences Fundamentals Correlations and Trends
By evaluating Allianzgi Health'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 Health'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 Health Mutual Fund history
Allianzgi Health 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 Health Sciences 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 Health stock prices may prove useful in developing a viable investing in Allianzgi Health
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in health sciences-related companies. The portfolio manager considers health sciences-related companies to include companies that design, manufacture or sell products or services used for or in connection with healthcare, medicine or life sciences. The fund will invest primarily in common stocks and other equity securities.
Allianzgi Health Mutual Fund Technical Analysis
Allianzgi Health 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 Health Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Allianzgi Health Sciences 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 Health December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Allianzgi Health 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 Health shares will generate the highest return on investment. By undertsting and applying Allianzgi Health mutual fund market strength indicators, traders can identify Allianzgi Health Sciences entry and exit signals to maximize returns
Allianzgi Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Allianzgi Health'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 | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.13) |
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Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Health 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 Health security.
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