Alger International Competition

ALCZX Fund

USD 21.12 0.02 0.09%

Alger International competes with Ultra-short Fixed, Gmo Global, Calamos Global, Scharf Fund, and Qs International; as well as few others. The fund is listed under Foreign Large Growth category and is part of Alger family. Analyzing Alger International competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Alger International to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Alger International Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Alger International competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
20.41	21.12	21.83

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Intrinsic

Valuation

Low	Real	High
18.37	19.08	23.23

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Naive

Forecast

Low	Next	High
20.87	21.58	22.29

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Bollinger

Band Projection (param)

Lower	Middle Band	Upper
20.10	20.70	21.29

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alger International. Your research has to be compared to or analyzed against Alger International's peers to derive any actionable benefits. When done correctly, Alger International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alger International.

Alger International Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alger International and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Alger and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Alger International does not affect the price movement of the other competitor.

	SWSFX	GMADX	CGEOX	LOGRX	LGFEX	DFVEX	APDNX
SWSFX		0.12	0.62	0.6	-0.47	0.73	0.69	SWSFX
GMADX	0.12		0.5	0.22	0.69	0.2	0.33	GMADX
CGEOX	0.62	0.5		0.84	-0.16	0.89	0.88	CGEOX
LOGRX	0.6	0.22	0.84		-0.48	0.96	0.95	LOGRX
LGFEX	-0.47	0.69	-0.16	-0.48		-0.53	-0.39	LGFEX
DFVEX	0.73	0.2	0.89	0.96	-0.53		0.96	DFVEX
APDNX	0.69	0.33	0.88	0.95	-0.39	0.96		APDNX
	SWSFX	GMADX	CGEOX	LOGRX	LGFEX	DFVEX	APDNX

Click cells to compare fundamentals

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High positive correlations

DFVEX	+ 0.96	LOGRX
APDNX	+ 0.96	DFVEX
APDNX	+ 0.95	LOGRX
DFVEX	+ 0.89	CGEOX
APDNX	+ 0.88	CGEOX
LOGRX	+ 0.84	CGEOX

High negative correlations

DFVEX	- 0.53	LGFEX
LGFEX	- 0.48	LOGRX
LGFEX	- 0.47	SWSFX
APDNX	- 0.39	LGFEX
LGFEX	- 0.16	CGEOX

Risk-Adjusted Indicators

There is a big difference between Alger Mutual Fund performing well and Alger International Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alger International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SWSFX	0.04	0.00	(1.23)	(0.02)	0.00	(0.18)	0.10	(0.10)	0.49
GMADX	0.50	(0.05)	(0.16)	0.04	0.61	(0.53)	0.89	(0.98)	2.98
CGEOX	0.61	0.05	0.02	0.20	0.58	(0.71)	1.45	(1.55)	4.11
LOGRX	0.46	(0.03)	(0.16)	0.08	0.38	(0.52)	0.86	(0.74)	2.99
LGFEX	0.63	(0.08)	0.00	(0.05)	0.00	0.00	1.22	(1.25)	4.02
DFVEX	0.58	0.02	0.04	0.15	0.41	(0.71)	1.41	(0.90)	5.26
APDNX	0.51	(0.01)	(0.09)	0.11	0.39	(0.66)	1.24	(0.83)	3.41

Unable to evaluate fundamental data of [SWSFX, GMADX, CGEOX, LOGRX, LGFEX, DFVEX, APDNX] at this time. Please try again later

All Fundamental Data

Alger International Competitive Analysis

The better you understand Alger International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alger International's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Alger International's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	ALCZX	SWSFX	GMADX	CGEOX	LOGRX	LGFEX	DFVEX	APDNX
	0.09 21.12 Alger	0.00 10.31 Ultra-short	0.03 30.41 Gmo	0.20 20.14 Calamos	0.25 56.34 Scharf	0.16 19.15 LGFEX	0.14 28.92 DFVEX	0.12 16.28 Artisan
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	OK	Modest	Solid	OK	Very Weak	Solid	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Over Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Sell	Strong Buy	Buy	Buy	Hold	Strong Buy	Strong Hold
Net Asset	19.78 M	N/A	722.52 M	99.19 M	405.74 M	298.08 M	5.06 B	10.36 M
Minimum Initial Investment	N/A	N/A	N/A	N/A	10 K	N/A	N/A	250 K
Price To Book	1.62 X	N/A	N/A	N/A	N/A	1.45 X	1.61 X	N/A
Five Year Return	7.74 %	N/A	N/A	N/A	10.46 %	6.30 %	13.24 %	N/A
One Year Return	16.29 %	N/A	N/A	N/A	17.63 %	12.43 %	29.21 %	28.54 %
Last Dividend Paid	N/A	N/A	1.05	N/A	0.23	0.21	0.07	N/A
Price To Earning	14.74 X	N/A	N/A	N/A	N/A	13.87 X	16.80 X	N/A
Price To Sales	1.40 X	N/A	N/A	N/A	N/A	0.92 X	0.95 X	N/A
Cash Position Weight	0.88 %	N/A	0.76 %	2.33 %	3.85 %	0.98 %	0.89 %	15.70 %
Equity Positions Weight	99.12 %	N/A	95.57 %	97.67 %	96.15 %	98.83 %	99.07 %	84.29 %
Three Year Return	(3.89) %	N/A	N/A	N/A	7.30 %	5.08 %	10.13 %	9.43 %
Annual Yield	0 %	N/A	0.05 %	0 %	0 %	0.02 %	0.01 %	0 %
Year To Date Return	8.47 %	N/A	N/A	N/A	12.66 %	7.18 %	21.43 %	20.95 %
Bond Positions Weight	N/A	N/A	2.01 %	N/A	N/A	N/A	N/A	N/A
Ten Year Return	6.28 %	N/A	N/A	N/A	N/A	4.34 %	8.88 %	N/A
Day Typical Price	21.12	10.31	30.41	20.14	56.34	19.15	28.92	16.28
Daily Balance Of Power	(9,223,372,036,855)	0.0	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Period Momentum Indicator	(0.02)	N/A	(0.01)	0.04	(0.14)	(0.03)	(0.04)	(0.02)
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.0	1.0	1.0	1.0
Day Median Price	21.12	10.31	30.41	20.14	56.34	19.15	28.92	16.28
Price Action Indicator	(0.01)	N/A	(0.01)	0.02	(0.07)	(0.01)	(0.02)	(0.01)
Relative Strength Index	35.11	54.23	40.49	55.29	59.19	33.74	58.9	56.89
Coefficient Of Variation	2969.18	758.29	1892.06	524.75	879.85	(6,495)	506.87	692.85
Mean Deviation	0.5703	0.0362	0.5005	0.6135	0.4605	0.6329	0.5829	0.5129
Jensen Alpha	(0.05)	0.003	(0.05)	0.0531	(0.03)	(0.08)	0.0197	(0.01)
Total Risk Alpha	(0.12)	(0.01)	(0.09)	0.0017	(0.05)	(0.17)	0.0076	(0.03)
Sortino Ratio	(0.15)	(1.23)	(0.16)	0.0233	(0.16)	N/A	0.04	(0.09)
Downside Variance	0.6192	0.0113	0.4436	0.6472	0.2333	N/A	0.4572	0.2691
Standard Deviation	0.7468	0.0785	0.6491	0.8371	0.575	0.8117	0.8508	0.6672
Kurtosis	0.8775	15.73	0.5278	0.9431	1.8	0.5717	6.92	1.46
Potential Upside	1.03	0.0976	0.8911	1.45	0.861	1.22	1.41	1.24
Treynor Ratio	0.0305	(0.02)	0.0442	0.2029	0.0844	(0.05)	0.1495	0.1145
Maximum Drawdown	4.05	0.4871	2.98	4.11	2.99	4.02	5.26	3.41
Variance	0.5577	0.0062	0.4214	0.7008	0.3307	0.6589	0.7238	0.4451
Market Risk Adjusted Performance	0.0405	(0.01)	0.0542	0.2129	0.0944	(0.04)	0.1595	0.1245
Risk Adjusted Performance	0.025	0.0133	0.0377	0.1423	0.0813	(0.01)	0.1474	0.1058
Skewness	0.0794	3.44	(0.05)	(0.12)	0.7354	0.1052	1.53	0.7362
Semi Deviation	0.7429	0.0	0.6055	0.5803	0.3814	N/A	0.4108	0.3933
Information Ratio	(0.15)	(1.66)	(0.16)	0.0224	(0.13)	(0.19)	0.0318	(0.07)
Value At Risk	(1.18)	(0.1)	(0.98)	(1.55)	(0.74)	(1.25)	(0.90)	(0.83)
Expected Short fall	(0.56)	(0.18)	(0.53)	(0.71)	(0.52)	N/A	(0.71)	(0.66)
Downside Deviation	0.7869	0.1064	0.666	0.8045	0.483	N/A	0.6762	0.5188
Semi Variance	0.5519	(0.01)	0.3666	0.3368	0.1455	N/A	0.1687	0.1547

Alger International Competition Performance Charts

Five steps to successful analysis of Alger International Competition

Alger International's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Alger International in relation to its competition. Alger International's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Alger International in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Alger International's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alger International, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Alger International position

In addition to having Alger International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Alger Mutual Fund

Alger International financial ratios help investors to determine whether Alger 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 Alger with respect to the benefits of owning Alger International security.

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Alger International Competition

Specify up to 10 symbols:

Alger International Competition Correlation Matrix

Risk-Adjusted Indicators

Alger International Competitive Analysis

Alger International Competition Performance Charts

Five steps to successful analysis of Alger International Competition

Complement your Alger International position

Did You Try This Idea?

Run Beers Thematic Idea Now

Beers

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