Alger ETF is trading at 24.07 as of the 17th of March 2025. This is a 0.33 percent up since the beginning of the trading day. The etf's open price was 23.99. Alger ETF has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
Alger ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on The Alger ETF
The Alger ETF [ALAI] is traded in USA and was established null. The fund is listed under Technology. The entity is thematically classified as Strategy ETFs. Alger ETF presently have in assets under management (AUM).
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Geographic Allocation (%)
Alger ETF Currency Exposure
The Alger ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Alger ETF will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in The Alger ETF.
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 Alger ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Alger ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alger ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Alger Etf. Outlined below are crucial reports that will aid in making a well-informed decision on The Alger Etf:
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The market value of Alger ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger ETF's value that differs from its market value or its book value, called intrinsic value, which is Alger ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger ETF's market value can be influenced by many factors that don't directly affect Alger ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger ETF'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.