Alger 35 Financials
| ATVPX Fund | USD 18.31 0.24 1.33% |
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 35 Fund Summary
Alger 35 competes with Needham Aggressive, Western Asset, Artisan High, Pace High, and Pioneer High. Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Large 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 35's current stock value. Our valuation model uses many indicators to compare Alger 35 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger 35 competition to find correlations between indicators driving Alger 35's intrinsic value. More Info.Alger 35 Fund 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 1.21 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 35's earnings, one of the primary drivers of an investment's value.Alger 35 Fund Systematic Risk
Alger 35's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger 35 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Alger 35 Fund correlated with the market. If Beta is less than 0 Alger 35 generally moves in the opposite direction as compared to the market. If Alger 35 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger 35 Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger 35 is generally in the same direction as the market. If Beta > 1 Alger 35 moves generally in the same direction as, but more than the movement of the benchmark.
Alger 35 December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger 35 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger 35 Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger 35 Fund 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 35's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.66 | |||
| Information Ratio | 0.1667 | |||
| Maximum Drawdown | 6.37 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.54 |
Other Information on Investing in Alger Mutual Fund
Alger 35 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 35 security.
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