Alger Funds Financials
| AFOZX Fund | USD 16.14 0.04 0.25% |
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 Funds Fund Summary
Alger Funds competes with T Rowe, Rbc China, Gmo International, Massmutual Retiresmart, and Touchstone International. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. In addition, under normal market conditions, it invests at least 25 percent of its total assets in companies in the following group of industries Health Care Equipment Supplies, Health Care Technology, Biotechnology, Life Sciences Tools Services, andor Software, as defined by third party sources. The fund may have 25 percent or more of its total assets invested in any one of these industries. It is non-diversified.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Mid-Cap Growth |
| 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 Funds's current stock value. Our valuation model uses many indicators to compare Alger Funds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Funds competition to find correlations between indicators driving Alger Funds's intrinsic value. More Info.Alger Funds Mid is the top fund in year to date return among similar funds. It also is the top fund in one year return among similar funds reporting about 0.17 of One Year Return per Year To Date Return. The ratio of Year To Date Return to One Year Return for Alger Funds Mid is roughly 5.85 . 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 Funds' earnings, one of the primary drivers of an investment's value.Alger Funds Mid Systematic Risk
Alger Funds' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Funds 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 Funds Mid correlated with the market. If Beta is less than 0 Alger Funds generally moves in the opposite direction as compared to the market. If Alger Funds Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Funds Mid is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Funds is generally in the same direction as the market. If Beta > 1 Alger Funds moves generally in the same direction as, but more than the movement of the benchmark.
Alger Funds March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Funds help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Funds Mid. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Funds Mid 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 Funds's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.31 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 2.36 |
Other Information on Investing in Alger Mutual Fund
Alger Funds 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 Funds security.
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