Alger Funds Financials
| ASCYX Fund | USD 9.54 0.19 2.03% |
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.
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Small Growth |
| Benchmark | Dow Jones Industrial |
| 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.The Alger Funds 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 . 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 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 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 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 The Alger Funds. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Alger Funds 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 | (0.12) | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 2.03 |
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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