Alger Weatherbie Financials
| ASYMX Fund | USD 15.63 0.02 0.13% |
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 Weatherbie Fund Summary
Alger Weatherbie competes with Eagle Mlp, Black Oak, Nasdaq 100, Origin Emerging, and Dws Emerging. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. Smallcap or midcap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index, respectively, as reported by the indexes as of the most recent quarter-end.Specialization | Small Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Small 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 Weatherbie's current stock value. Our valuation model uses many indicators to compare Alger Weatherbie value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Weatherbie competition to find correlations between indicators driving Alger Weatherbie's intrinsic value. More Info.Alger Weatherbie Specialized 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 1.57 of One Year Return per Year To Date Return. 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 Weatherbie's earnings, one of the primary drivers of an investment's value.Alger Weatherbie Spe Systematic Risk
Alger Weatherbie's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Weatherbie 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 sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Alger Weatherbie Spe correlated with the market. If Beta is less than 0 Alger Weatherbie generally moves in the opposite direction as compared to the market. If Alger Weatherbie Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Weatherbie Spe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Weatherbie is generally in the same direction as the market. If Beta > 1 Alger Weatherbie moves generally in the same direction as, but more than the movement of the benchmark.
Alger Weatherbie December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Weatherbie help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Weatherbie Specialized. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Weatherbie Specialized 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 Weatherbie's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.0562 | |||
| Maximum Drawdown | 7.3 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.92 |
Other Information on Investing in Alger Mutual Fund
Alger Weatherbie 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 Weatherbie security.
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