Allianzgi Mutual Fund Quote

ASACX
 Fund
  

USD 11.52  0.00  0.00%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Allianzgi Global is trading at 11.52 as of the 29th of September 2022; that is No Change since the beginning of the trading day. The fund's open price was 11.52. Allianzgi Global has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Allianzgi Global Dynamic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of July 2022 and ending today, the 29th of September 2022. Click here to learn more.
The fund seeks to achieve its investment objective through a combination of active allocation between asset classes and actively managed strategies within those asset classes. Allianzgi Global is traded on NASDAQ Exchange in the United States. More on Allianzgi Global Dynamic

Moving against Allianzgi Global

-0.51DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

Allianzgi Global 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. Allianzgi Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allianzgi Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Allianzgi Global generated a negative expected return over the last 90 days
Allianzgi Global is unlikely to experience financial distress in the next 2 years
The fund holds about 13.47% of its assets under management (AUM) in cash
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 Global's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Startdate2nd of August 2021
Allianzgi Global Dynamic [ASACX] is traded in USA and was established 29th of September 2022. The fund is listed under Tactical Allocation category and is part of Virtus family. Allianzgi Global Dynamic presently has accumulated 9.29 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 1.73%.
Check Allianzgi Global 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 Global Dynamic 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 Global Dynamic Constituents

Allianzgi Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Allianzgi Global jumping above the current price in 90 days from now is about 64.69%. The Allianzgi Global Dynamic probability density function shows the probability of Allianzgi Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Allianzgi Global Dynamic has a beta of -0.055. This suggests as returns on benchmark increase, returns on holding Allianzgi Global are expected to decrease at a much lower rate. During the bear market, however, Allianzgi Global Dynamic is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Allianzgi Global Dynamic is significantly underperforming DOW.
  Odds Below 11.52HorizonTargetOdds Above 11.52
33.96%90 days
 11.52 
64.69%
Based on a normal probability distribution, the odds of Allianzgi Global to move above the current price in 90 days from now is about 64.69 (This Allianzgi Global Dynamic probability density function shows the probability of Allianzgi Mutual Fund to fall within a particular range of prices over 90 days) .

Allianzgi Global Dynamic Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Allianzgi Global market risk premium is the additional return an investor will receive from holding Allianzgi Global 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 Global. 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 Global's alpha and beta are two of the key measurements used to evaluate Allianzgi Global's performance over the market, the standard measures of volatility play an important role as well.

Allianzgi Global Against Markets

Picking the right benchmark for Allianzgi Global 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 Global 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 Global is critical whether you are bullish or bearish towards Allianzgi Global Dynamic 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 Global without increasing your portfolio risk or giving up the 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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Invested in Allianzgi Global Dynamic?

The danger of trading Allianzgi Global Dynamic 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 Global 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 Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allianzgi Global Dynamic 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 Global Dynamic information on this page should be used as a complementary analysis to other Allianzgi Global'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 CEO Directory module to screen CEOs from public companies around the world.

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Please note, there is a significant difference between Allianzgi Global's value and its price as these two are different measures arrived at by different means. Investors typically determine Allianzgi Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allianzgi Global'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.