Alger Mid Financials
| AAIYX Fund | USD 11.93 0.27 2.32% |
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 Mid Fund Summary
Alger Mid competes with Jp Morgan, Wealthbuilder Moderate, Voya Target, Cornerstone Moderately, and Target Retirement. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence , demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.Specialization | Technology, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds II |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Technology |
| Benchmark | Dow Jones Industrial |
| Phone | 800 992 3362 |
| Currency | USD - US Dollar |
Alger Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Mid's current stock value. Our valuation model uses many indicators to compare Alger Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Mid competition to find correlations between indicators driving Alger Mid's intrinsic value. More Info.Alger Mid Cap 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 0.17 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Mid Cap is roughly 6.00 . 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 Mid's earnings, one of the primary drivers of an investment's value.Alger Mid Cap Systematic Risk
Alger Mid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Mid 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Alger Mid Cap correlated with the market. If Beta is less than 0 Alger Mid generally moves in the opposite direction as compared to the market. If Alger Mid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Mid Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Mid is generally in the same direction as the market. If Beta > 1 Alger Mid moves generally in the same direction as, but more than the movement of the benchmark.
Alger Mid March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Mid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Mid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Mid 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 Mid's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.1 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 2.82 |
Other Information on Investing in Alger Mutual Fund
Alger Mid 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 Mid security.
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