Allianzgi Mutual Fund Quote

AAAEX
 Fund
  

USD 30.71  0.26  0.84%   

Market Performance
0 of 100
Odds Of Distress
Less than 17
Allianzgi Health is trading at 30.71 as of the 1st of July 2022; that is -0.84 percent decrease since the beginning of the trading day. The fund's open price was 30.97. Allianzgi Health has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Allianzgi Health Sciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2022 and ending today, the 1st of July 2022. Click here to learn more.
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in health sciences-related companies. Allianzgi Health is traded on NASDAQ Exchange in the United States. More on Allianzgi Health Sciences

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Allianzgi Health Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Allianzgi Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allianzgi Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Allianzgi Health generated a negative expected return over the last 90 days
The fund holds 96.91% of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Allianzgi Health's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year0.71
Startdate27th of August 2020
Allianzgi Health Sciences [AAAEX] is traded in USA and was established 1st of July 2022. The fund is listed under Health category and is part of Virtus family. Allianzgi Health Sciences presently has accumulated 195.35 M in assets under management (AUM) with minimum initial investment of 1000 K.
Check Allianzgi Health Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Allianzgi Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Allianzgi Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Allianzgi Health Sciences Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Allianzgi Health Sciences Constituents

Allianzgi Health Target Price Odds Analysis

What are Allianzgi Health's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Allianzgi Health jumping above the current price in 90 days from now is about 72.17%. The Allianzgi Health Sciences probability density function shows the probability of Allianzgi Health mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Allianzgi Health has a beta of 0.8748. This suggests Allianzgi Health Sciences market returns are sensitive to returns on the market. As the market goes up or down, Allianzgi Health is expected to follow. Additionally, the company has an alpha of 0.0264, implying that it can generate a 0.0264 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 30.71HorizonTargetOdds Above 30.71
27.64%90 days
 30.71 
72.17%
Based on a normal probability distribution, the odds of Allianzgi Health to move above the current price in 90 days from now is about 72.17 (This Allianzgi Health Sciences probability density function shows the probability of Allianzgi Mutual Fund to fall within a particular range of prices over 90 days) .

Allianzgi Health Sciences Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Allianzgi Health market risk premium is the additional return an investor will receive from holding Allianzgi Health 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 Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Allianzgi Health's alpha and beta are two of the key measurements used to evaluate Allianzgi Health's performance over the market, the standard measures of volatility play an important role as well.

Allianzgi Health Against Markets

Picking the right benchmark for Allianzgi Health mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Allianzgi Health mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Allianzgi Health is critical whether you are bullish or bearish towards Allianzgi Health Sciences at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Allianzgi Health without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Allianzgi Health Sciences

You need to understand the risk of investing before taking a position in Allianzgi Health. The danger of trading Allianzgi Health Sciences is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allianzgi Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allianzgi Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allianzgi Health Sciences is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Allianzgi Health Sciences information on this page should be used as a complementary analysis to other Allianzgi Health's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Allianzgi Health Sciences price analysis, check to measure Allianzgi Health'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 Allianzgi Health is operating at the current time. Most of Allianzgi Health's value examination focuses on studying past and present price action to predict the probability of Allianzgi Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allianzgi Health's price. Additionally, you may evaluate how the addition of Allianzgi Health to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Allianzgi Health's value and its price as these two are different measures arrived at by different means. Investors typically determine Allianzgi Health value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allianzgi Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.