Alger Balanced Financials
| ABLOX Fund | USD 22.40 0.06 0.27% |
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 Balanced Fund Summary
Alger Balanced competes with Alger Large, Alger Growth, Select Fund, Alger Capital, and Alger Small. The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25 percent of its net assets in fixed-income securities and at least 25 percent of its net assets in equity securities. The fund also may invest up to 10 percent of its net assets in lower-rated securities, rated B or better by any one of those rating agencies.Specialization | Allocation--50% to 70% Equity, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Portfolios |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Allocation--50% to 70% Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 992 3863 |
| Currency | USD - US Dollar |
Alger Balanced Key Financial Ratios
Alger Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Balanced's current stock value. Our valuation model uses many indicators to compare Alger Balanced value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Balanced competition to find correlations between indicators driving Alger Balanced's intrinsic value. More Info.Alger Balanced Portfolio 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 0.26 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Balanced Portfolio is roughly 3.81 . 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 Balanced's earnings, one of the primary drivers of an investment's value.Alger Balanced Portfolio Systematic Risk
Alger Balanced's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Balanced 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Alger Balanced Portfolio correlated with the market. If Beta is less than 0 Alger Balanced generally moves in the opposite direction as compared to the market. If Alger Balanced Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Balanced Portfolio is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Balanced is generally in the same direction as the market. If Beta > 1 Alger Balanced moves generally in the same direction as, but more than the movement of the benchmark.
Alger Balanced December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Balanced help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Balanced Portfolio. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Balanced Portfolio 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 Balanced's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.496 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.7079 |
Other Information on Investing in Alger Mutual Fund
Alger Balanced 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 Balanced security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |