Alger Smallcap Financial Statements From 2010 to 2025
| ALSAX Fund | USD 9.18 0.40 4.18% |
Check Alger Smallcap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alger Smallcap's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alger financial statements analysis is a perfect complement when working with Alger Smallcap Valuation or Volatility modules.
Alger |
Alger Smallcap Growth Mutual Fund One Year Return Analysis
Alger Smallcap's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alger Smallcap One Year Return | (6.45) % |
Most of Alger Smallcap's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alger Smallcap Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Alger Smallcap Growth has an One Year Return of -6.4453%. This is much lower than that of the Alger family and significantly lower than that of the Small Growth category. The one year return for all United States funds is notably higher than that of the company.
Alger Smallcap Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Smallcap's current stock value. Our valuation model uses many indicators to compare Alger Smallcap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Smallcap competition to find correlations between indicators driving Alger Smallcap's intrinsic value. More Info.Alger Smallcap Growth is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Smallcap Growth is roughly 12.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger Smallcap's earnings, one of the primary drivers of an investment's value.About Alger Smallcap Financial Statements
Alger Smallcap investors use historical fundamental indicators, such as Alger Smallcap's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Alger Smallcap. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have a total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care and consumer discretionary sectors.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alger Mutual Fund
Alger Smallcap 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 Smallcap security.
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