Allianzgi Equity Convertible Fund Alpha and Beta Analysis
| NIE Fund | USD 24.26 0.13 0.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Allianzgi Equity Convertible. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allianzgi Equity over a specified time horizon. Remember, high Allianzgi Equity's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Allianzgi Equity's market risk premium analysis include:
Beta 0.68 | Alpha 0.0456 | Risk 0.77 | Sharpe Ratio 0.21 | Expected Return 0.16 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Allianzgi |
Allianzgi Equity Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allianzgi Equity market risk premium is the additional return an investor will receive from holding Allianzgi Equity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Allianzgi Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Allianzgi Equity's performance over market.| α | 0.05 | β | 0.68 |
Allianzgi Equity expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Allianzgi Equity's Buy-and-hold return. Our buy-and-hold chart shows how Allianzgi Equity performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Allianzgi Equity Market Price Analysis
Market price analysis indicators help investors to evaluate how Allianzgi Equity 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 Equity shares will generate the highest return on investment. By understating and applying Allianzgi Equity fund market price indicators, traders can identify Allianzgi Equity position entry and exit signals to maximize returns.
Allianzgi Equity Return and Market Media
The median price of Allianzgi Equity for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 23.01 with a coefficient of variation of 2.96. The daily time series for the period is distributed with a sample standard deviation of 0.68, arithmetic mean of 23.02, and mean deviation of 0.55. The Fund received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | US House fails to pass federal funding bill as shutdown deadline nears - The Guardian US | 09/18/2024 |
2 | Virtus Equity Convertible Income Fund Announces Distributions and Discloses Sources of Distribution Section 19 Notice - Business Wire | 11/20/2024 |
About Allianzgi Equity Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Allianzgi or other funds. Alpha measures the amount that position in Allianzgi Equity Con has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Allianzgi Equity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Allianzgi Equity's short interest history, or implied volatility extrapolated from Allianzgi Equity options trading.
Build Portfolio with Allianzgi Equity
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Other Information on Investing in Allianzgi Fund
Allianzgi Equity financial ratios help investors to determine whether Allianzgi 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 Equity security.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |