ALLIANZGI Mutual Fund Quote

PRAAX
 Fund
  

USD 32.01  0.79  2.41%   

Market Performance
0 of 100
Odds Of Distress
Less than 17
ALLIANZGI NFJ is trading at 32.01 as of the 7th of December 2022; that is -2.41 percent decrease since the beginning of the trading day. The fund's open price was 32.8. ALLIANZGI NFJ 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 NFJ MID-CAP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of October 2021 and ending today, the 7th of December 2022. Click here to learn more.
ISIN
US92837N2128
The investment seeks long-term growth of capital and income. Allianzgi Nfj is traded on NASDAQ Exchange in the United States. More on ALLIANZGI NFJ MID-CAP

ALLIANZGI NFJ 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 NFJ's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALLIANZGI NFJ or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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The fund maintains 99.22% of its assets in stocks
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 NFJ's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Startdate8th of June 2009
ALLIANZGI NFJ MID-CAP [PRAAX] is traded in USA and was established 7th of December 2022. The fund is listed under Mid-Cap Value category and is part of Virtus family. ALLIANZGI NFJ MID-CAP at this time has accumulated 1.33 B in assets with no minimum investment requirements, while the total return for the last 3 years was 0.47%.
Check ALLIANZGI NFJ 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 NFJ MID-CAP 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 NFJ MID-CAP Mutual Fund Constituents

ALLIANZGI NFJ Target Price Odds Analysis

Based on a normal probability distribution, the odds of ALLIANZGI NFJ jumping above the current price in 90 days from now is about 12.9%. The ALLIANZGI NFJ MID-CAP probability density function shows the probability of ALLIANZGI NFJ mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon ALLIANZGI NFJ has a beta of 0.0814 indicating as returns on the market go up, ALLIANZGI NFJ average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALLIANZGI NFJ MID-CAP will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0438, implying that it can generate a 0.0438 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 32.01HorizonTargetOdds Above 32.01
86.98%90 days
 32.01 
12.90%
Based on a normal probability distribution, the odds of ALLIANZGI NFJ to move above the current price in 90 days from now is about 12.9 (This ALLIANZGI NFJ MID-CAP probability density function shows the probability of ALLIANZGI Mutual Fund to fall within a particular range of prices over 90 days) .

ALLIANZGI NFJ MID-CAP Risk Profiles

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

ALLIANZGI NFJ Against Markets

Picking the right benchmark for ALLIANZGI NFJ 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 NFJ 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 NFJ is critical whether you are bullish or bearish towards ALLIANZGI NFJ MID-CAP 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 NFJ 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 NFJ MID-CAP?

The danger of trading ALLIANZGI NFJ MID-CAP 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 NFJ 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 NFJ. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALLIANZGI NFJ MID-CAP 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 check Your Equity Center. Note that the ALLIANZGI NFJ MID-CAP information on this page should be used as a complementary analysis to other ALLIANZGI NFJ'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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