Allianzgi Global Allocation Fund Market Value
| PALCX Fund | USD 11.80 0.06 0.51% |
| Symbol | Allianzgi |
Allianzgi Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Allianzgi Global's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Allianzgi Global.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Allianzgi Global on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Allianzgi Global Allocation or generate 0.0% return on investment in Allianzgi Global over 90 days. Allianzgi Global is related to or competes with Astor Long/short, Cmg Ultra, Alpine Ultra, Western Asset, Prudential Short, Aqr Long-short, and Dreyfus Short. The fund seeks to achieve its investment objective through a combination of active allocation across asset classes and a... More
Allianzgi Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Allianzgi Global's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Allianzgi Global Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4308 | |||
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 2.06 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.7313 |
Allianzgi Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allianzgi Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allianzgi Global's standard deviation. In reality, there are many statistical measures that can use Allianzgi Global historical prices to predict the future Allianzgi Global's volatility.| Risk Adjusted Performance | 0.3111 | |||
| Jensen Alpha | 0.0746 | |||
| Total Risk Alpha | 0.0423 | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.4654 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Allianzgi Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Allianzgi Global All Backtested Returns
At this stage we consider Allianzgi Mutual Fund to be very steady. Allianzgi Global All secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the fund had a 0.36 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Allianzgi Global Allocation, which you can use to evaluate the volatility of the entity. Please confirm Allianzgi Global's Coefficient Of Variation of 274.98, risk adjusted performance of 0.3111, and Mean Deviation of 0.2951 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Allianzgi Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allianzgi Global is expected to be smaller as well.
Auto-correlation | 0.89 |
Very good predictability
Allianzgi Global Allocation has very good predictability. Overlapping area represents the amount of predictability between Allianzgi Global time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Allianzgi Global All price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Allianzgi Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Allianzgi Global All lagged returns against current returns
Autocorrelation, which is Allianzgi Global mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Allianzgi Global's mutual fund expected returns. We can calculate the autocorrelation of Allianzgi Global returns to help us make a trade decision. For example, suppose you find that Allianzgi Global has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Allianzgi Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Allianzgi Global mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allianzgi Global mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allianzgi Global mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Allianzgi Global Lagged Returns
When evaluating Allianzgi Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allianzgi Global mutual fund have on its future price. Allianzgi Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Allianzgi Global autocorrelation shows the relationship between Allianzgi Global mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Allianzgi Global Allocation.
Regressed Prices |
| Timeline |
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Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Global financial ratios help investors to determine whether Allianzgi Mutual 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 Global security.
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