Alger Large Financials
| AAGOX Fund | USD 90.73 0.95 1.06% |
Alger |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Alger Large Fund Summary
Alger Large competes with Alger Capital, Alger Capital, Alger Capital, Select Fund, and Select Fund. The advisor focuses on growing companies that generally have broad product lines, markets, financial resources and depth of management. It normally invests at least 80 percent of its net assets in equity securities of companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the Russell 1000 Growth Index, updated quarterly as reported as of the most recent quarter-end. This index is designed to track the performance of large-capitalization growth stocks.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US0155445051 |
| Business Address | Alger Portfolios |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Large Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 992 3863 |
| Currency | USD - US Dollar |
Alger Large Key Financial Ratios
Alger Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Large's current stock value. Our valuation model uses many indicators to compare Alger Large value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Large competition to find correlations between indicators driving Alger Large's intrinsic value. More Info.Alger Large Cap is rated below average in price to earning among similar funds. It is third largest fund in price to book among similar funds fabricating about 2.47 of Price To Book per Price To Earning. 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 Large's earnings, one of the primary drivers of an investment's value.Alger Large Cap Systematic Risk
Alger Large's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Large volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Alger Large Cap correlated with the market. If Beta is less than 0 Alger Large generally moves in the opposite direction as compared to the market. If Alger Large Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Large Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Large is generally in the same direction as the market. If Beta > 1 Alger Large moves generally in the same direction as, but more than the movement of the benchmark.
Alger Large December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Large help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Large Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Large Cap based on widely used predictive technical indicators. In general, we focus on analyzing Alger Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alger Large's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.1199 | |||
| Maximum Drawdown | 5.65 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.39 |
Other Information on Investing in Alger Mutual Fund
Alger Large 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 Large security.
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