Virtus Allianzgi Convertible Preferred Stock Performance
| NCV-PA Preferred Stock | USD 22.12 0.04 0.18% |
Virtus AllianzGI has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Virtus AllianzGI are expected to decrease at a much lower rate. During the bear market, Virtus AllianzGI is likely to outperform the market. Virtus AllianzGI Con right now has a risk of 0.65%. Please validate Virtus AllianzGI skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Virtus AllianzGI will be following its existing price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Virtus AllianzGI Convertible are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Virtus AllianzGI is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Virtus |
Virtus AllianzGI Relative Risk vs. Return Landscape
If you would invest 2,176 in Virtus AllianzGI Convertible on August 27, 2024 and sell it today you would earn a total of 36.00 from holding Virtus AllianzGI Convertible or generate 1.65% return on investment over 90 days. Virtus AllianzGI Convertible is generating 0.0277% of daily returns assuming 0.6508% volatility of returns over the 90 days investment horizon. Simply put, 5% of all preferred stocks have less volatile historical return distribution than Virtus AllianzGI, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Virtus AllianzGI Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Virtus AllianzGI's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Virtus AllianzGI Convertible, and traders can use it to determine the average amount a Virtus AllianzGI's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0426
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| Negative Returns | NCV-PA |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Virtus AllianzGI is performing at about 3% 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 Virtus AllianzGI by adding it to a well-diversified portfolio.
Virtus AllianzGI Fundamentals Growth
Virtus Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Virtus AllianzGI, and Virtus AllianzGI fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Virtus Preferred Stock performance.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0186 | ||||
| Profit Margin | (1.32) % | ||||
| Operating Margin | 0.74 % | ||||
| Current Valuation | 2.74 B | ||||
| Shares Outstanding | 89.19 M | ||||
| Price To Earning | 73.92 X | ||||
| Price To Sales | 15.04 X | ||||
| Revenue | 28.87 M | ||||
| Cash And Equivalents | 872 | ||||
| Total Debt | 28.85 M | ||||
| Debt To Equity | 0.04 % | ||||
| Book Value Per Share | 4.31 X | ||||
| Earnings Per Share | 1.47 X | ||||
About Virtus AllianzGI Performance
By analyzing Virtus AllianzGI's fundamental ratios, stakeholders can gain valuable insights into Virtus AllianzGI's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Virtus AllianzGI has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Virtus AllianzGI has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AllianzGI Convertible Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. AllianzGI Convertible Income Fund was formed on March 31, 2003 and is domiciled in the United States. AllianzGI Convertible is traded on NYQ Exchange in the United States.Things to note about Virtus AllianzGI Con performance evaluation
Checking the ongoing alerts about Virtus AllianzGI for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Virtus AllianzGI Con help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the revenue of 28.87 M. Net Loss for the year was (38.2 M) with profit before overhead, payroll, taxes, and interest of 28.87 M. |
- Analyzing Virtus AllianzGI's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Virtus AllianzGI's stock is overvalued or undervalued compared to its peers.
- Examining Virtus AllianzGI's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Virtus AllianzGI's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Virtus AllianzGI's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Virtus AllianzGI's preferred stock. These opinions can provide insight into Virtus AllianzGI's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Virtus Preferred Stock analysis
When running Virtus AllianzGI's price analysis, check to measure Virtus AllianzGI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virtus AllianzGI is operating at the current time. Most of Virtus AllianzGI's value examination focuses on studying past and present price action to predict the probability of Virtus AllianzGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virtus AllianzGI's price. Additionally, you may evaluate how the addition of Virtus AllianzGI to your portfolios can decrease your overall portfolio volatility.
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