Alger Responsible Financials

AGIFX Fund  USD 19.68  0.30  1.55%   
You can use fundamental analysis to find out if Alger Responsible is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for fourteen available fundamental indicators for Alger Responsible Investing, which can be compared to its peers. The fund experiences a large bullish trend. Check odds of Alger Responsible to be traded at $21.65 in 90 days.
  
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 Responsible Fund Summary

Alger Responsible competes with Alger Capital, Alger Capital, Select Fund, and Select Fund. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any size with an environmental, social and governance rating of average or above by a third-party ESG rating agency that also demonstrate, in the view of the Manager, promising growth potential.
Specialization
Large Growth, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressAlger Funds II
Mutual Fund FamilyAlger
Mutual Fund CategoryLarge Growth
BenchmarkDow Jones Industrial
Phone800 992 3362
CurrencyUSD - US Dollar

Alger Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alger Responsible's current stock value. Our valuation model uses many indicators to compare Alger Responsible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Responsible competition to find correlations between indicators driving Alger Responsible's intrinsic value. More Info.
Alger Responsible Investing is the top fund in price to earning among similar funds. It is third largest fund in price to book among similar funds fabricating about  0.16  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Responsible Investing is roughly  6.24 . 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 Responsible's earnings, one of the primary drivers of an investment's value.

Alger Responsible Systematic Risk

Alger Responsible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Responsible 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Alger Responsible correlated with the market. If Beta is less than 0 Alger Responsible generally moves in the opposite direction as compared to the market. If Alger Responsible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Responsible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Responsible is generally in the same direction as the market. If Beta > 1 Alger Responsible moves generally in the same direction as, but more than the movement of the benchmark.
Alger Responsible Investing is fifth largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Large Growth category is currently estimated at about 10.34 Billion. Alger Responsible maintains roughly 68.16 Million in net asset contributing less than 1% to funds under Large Growth category.

Alger Responsible December 5, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Alger Responsible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Responsible Investing. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Responsible Investing 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 Responsible's daily price indicators and compare them against related drivers.

Other Information on Investing in Alger Mutual Fund

Alger Responsible 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 Responsible security.
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