Alger Concentrated Financials

CNEYX Fund   13.64  0.15  1.11%   
You can use fundamental analysis to find out if Alger Concentrated Equity 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 have analyzed and interpolated two available fundamental indicators for Alger Concentrated Equity, which can be compared to its peers. The fund experiences a large bullish trend. Check odds of Alger Concentrated to be traded at 15.0 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 Concentrated Fund Summary

Alger Concentrated competes with Vanguard Small-cap, Valic Company, Mutual Of, Queens Road, and Lord Abbett. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the manager believes demonstrate promising growth potential. The fund is non-diversified.
Specialization
Large Growth, Large Growth
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Mutual Fund FamilyAlger
Mutual Fund CategoryLarge Growth
BenchmarkDow Jones Industrial

Alger Concentrated Equity Systematic Risk

Alger Concentrated's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Concentrated 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Alger Concentrated Equity correlated with the market. If Beta is less than 0 Alger Concentrated generally moves in the opposite direction as compared to the market. If Alger Concentrated Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Concentrated Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Concentrated is generally in the same direction as the market. If Beta > 1 Alger Concentrated moves generally in the same direction as, but more than the movement of the benchmark.
Alger Concentrated Equity is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Large Growth category is currently estimated at about 33.23 Billion. Alger Concentrated adds roughly 4.32 Million in net asset claiming only tiny portion of funds under Large Growth category.

Alger Concentrated December 9, 2024 Opportunity Range

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

Other Information on Investing in Alger Mutual Fund

Alger Concentrated 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 Concentrated security.
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