Allianzgi Income Price To Earning vs. Ten Year Return
| AZNAX Fund | USD 11.42 0.03 0.26% |
For Allianzgi Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allianzgi Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allianzgi Income Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allianzgi Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allianzgi Income Growth over time as well as its relative position and ranking within its peers.
Allianzgi |
Allianzgi Income Growth Ten Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allianzgi Income's current stock value. Our valuation model uses many indicators to compare Allianzgi Income value to that of its competitors to determine the firm's financial worth. Allianzgi Income Growth is the top fund in price to earning among similar funds. It also is the top fund in ten year return among similar funds reporting about 0.52 of Ten Year Return per Price To Earning. The ratio of Price To Earning to Ten Year Return for Allianzgi Income Growth is roughly 1.92 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Allianzgi Income's earnings, one of the primary drivers of an investment's value.Allianzgi Ten Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Allianzgi Income |
| = | 15.99 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Allianzgi Income |
| = | 8.31 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Allianzgi Ten Year Return Comparison
Allianzgi Income is currently under evaluation in ten year return among similar funds.
Allianzgi Income Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allianzgi Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allianzgi Income will eventually generate negative long term returns. The profitability progress is the general direction of Allianzgi Income's change in net profit over the period of time. It can combine multiple indicators of Allianzgi Income, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its objective by investing primarily in a combination of common stocks and other equity securities, debt securities and convertible securities. The allocation of the funds investments across asset classes will vary substantially from time to time. The funds investments in each asset class are based upon the portfolio managers assessment of economic conditions and market factors, including equity price levels, interest rate levels and their anticipated direction.
Allianzgi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allianzgi Income. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Allianzgi Income position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Allianzgi Income's important profitability drivers and their relationship over time.
Use Allianzgi Income in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allianzgi Income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allianzgi Income will appreciate offsetting losses from the drop in the long position's value.Allianzgi Income Pair Trading
Allianzgi Income Growth Pair Trading Analysis
The ability to find closely correlated positions to Allianzgi Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allianzgi Income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allianzgi Income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allianzgi Income Growth to buy it.
The correlation of Allianzgi Income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allianzgi Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allianzgi Income Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allianzgi Income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Allianzgi Income position
In addition to having Allianzgi Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies specialized in biotechnology production and delivery of pharmaceuticals services. The Biotech theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Biotech Theme or any other thematic opportunities.
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Other Information on Investing in Allianzgi Mutual Fund
To fully project Allianzgi Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Allianzgi Income Growth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Allianzgi Income's income statement, its balance sheet, and the statement of cash flows.
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