Alger International Financials

ALCZX Fund  USD 21.14  0.13  0.62%   
Financial data analysis helps to double-check if markets are presently mispricing Alger International. We were able to analyze fifteen available fundamental indicators for Alger International Growth, which can be compared to its peers. The fund experiences a moderate upward volatility. Check odds of Alger International to be traded at $23.25 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 International Fund Summary

Alger International competes with Goldman Sachs, California High-yield, T Rowe, Morningstar Municipal, and Gamco Global. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of foreign companies. It generally invests in at least three foreign countries, and, at times, may invest a substantial portion of its assets in a single foreign country.
Specialization
Foreign Large Growth, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressAlger Funds
Mutual Fund FamilyAlger
Mutual Fund CategoryForeign Large 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 International's current stock value. Our valuation model uses many indicators to compare Alger International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger International competition to find correlations between indicators driving Alger International's intrinsic value. More Info.
Alger International Growth 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  0.11  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger International Growth is roughly  9.10 . 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 International's earnings, one of the primary drivers of an investment's value.

Alger International Systematic Risk

Alger International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger International 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 seven with a total number of output elements of fifty-four. The Beta measures systematic risk based on how returns on Alger International correlated with the market. If Beta is less than 0 Alger International generally moves in the opposite direction as compared to the market. If Alger International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger International is generally in the same direction as the market. If Beta > 1 Alger International moves generally in the same direction as, but more than the movement of the benchmark.
Alger International Growth is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Foreign Large Growth category is currently estimated at about 14.91 Billion. Alger International adds roughly 19.78 Million in net asset claiming only tiny portion of all funds under Foreign Large Growth category.

Alger International December 5, 2024 Opportunity Range

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

Other Information on Investing in Alger Mutual Fund

Alger International 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 International security.
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