Allianzgi Vertible Fund Market Value
| ANZAX Fund | USD 41.71 0.26 0.63% |
| Symbol | Allianzgi |
Allianzgi Vertible 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Allianzgi Vertible's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Allianzgi Vertible.
| 12/21/2025 |
| 01/20/2026 |
If you would invest 0.00 in Allianzgi Vertible on December 21, 2025 and sell it all today you would earn a total of 0.00 from holding Allianzgi Vertible Fund or generate 0.0% return on investment in Allianzgi Vertible over 30 days. Allianzgi Vertible is related to or competes with Allianzgi Convertible, Mainstay Convertible, Mainstay Convertible, Sit Emerging, Vaughan Nelson, Vaughan Nelson, and World Growth. The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in convertible secur... More
Allianzgi Vertible Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Allianzgi Vertible's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Allianzgi Vertible Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8867 | |||
| Information Ratio | 0.0812 | |||
| Maximum Drawdown | 12.28 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.66 |
Allianzgi Vertible Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Vertible's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allianzgi Vertible's standard deviation. In reality, there are many statistical measures that can use Allianzgi Vertible historical prices to predict the future Allianzgi Vertible's volatility.| Risk Adjusted Performance | 0.1039 | |||
| Jensen Alpha | 0.1487 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.1523 | |||
| Treynor Ratio | 0.2654 |
Allianzgi Vertible Backtested Returns
Allianzgi Vertible appears to be very steady, given 3 months investment horizon. Allianzgi Vertible secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Allianzgi Vertible Fund, which you can use to evaluate the volatility of the entity. Please makes use of Allianzgi Vertible's Mean Deviation of 0.8741, risk adjusted performance of 0.1039, and Downside Deviation of 0.8867 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Allianzgi Vertible's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi Vertible is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Allianzgi Vertible Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Allianzgi Vertible time series from 21st of December 2025 to 5th of January 2026 and 5th of January 2026 to 20th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Allianzgi Vertible price movement. The serial correlation of -0.02 indicates that only 2.0% of current Allianzgi Vertible price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Allianzgi Vertible lagged returns against current returns
Autocorrelation, which is Allianzgi Vertible mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Allianzgi Vertible's mutual fund expected returns. We can calculate the autocorrelation of Allianzgi Vertible returns to help us make a trade decision. For example, suppose you find that Allianzgi Vertible has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Allianzgi Vertible regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Allianzgi Vertible mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allianzgi Vertible mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allianzgi Vertible mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Allianzgi Vertible Lagged Returns
When evaluating Allianzgi Vertible's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allianzgi Vertible mutual fund have on its future price. Allianzgi Vertible autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Allianzgi Vertible autocorrelation shows the relationship between Allianzgi Vertible mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Allianzgi Vertible Fund.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Vertible 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 Vertible security.
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