Alger Capital Appreciation Fund Quote
| ALVOX Fund | USD 119.26 2.36 1.94% |
Performance20 of 100
| Odds Of DistressLess than 17
|
Alger Capital is trading at 119.26 as of the 11th of December 2024; that is 1.94% down since the beginning of the trading day. The fund's open price was 121.62. Alger Capital has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 14th of June 2024 and ending today, the 11th of December 2024. Click here to learn more.
Under normal market circumstances, the fund invests at least 85 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes demonstrate promising growth potential. More on Alger Capital Appreciation
Moving together with Alger Mutual Fund
| 0.97 | AMGAX | Alger Midcap Growth | PairCorr |
| 0.97 | AMGCX | Alger Midcap Growth | PairCorr |
| 0.99 | AMGOX | Alger Mid Cap | PairCorr |
| 0.93 | AOFYX | Alger Small Cap | PairCorr |
| 0.93 | AOFIX | Alger Small Cap | PairCorr |
| 0.93 | AOFAX | Alger Small Cap | PairCorr |
Moving against Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Growth Funds, Large Growth, Alger (View all Sectors) |
| Update Date | 31st of December 2024 |
Alger Capital Appreciation [ALVOX] is traded in USA and was established 11th of December 2024. Alger Capital is listed under Alger category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Alger family. This fund presently has accumulated 568.75 M in assets under management (AUM) with no minimum investment requirementsAlger Capital Apprec is currently producing year-to-date (YTD) return of 55.48%, while the total return for the last 3 years was 12.9%.
Check Alger Capital Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Capital Appreciation Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Capital Appreciation Mutual Fund Constituents
| HON | Honeywell International | Stock | Industrials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| BSX | Boston Scientific Corp | Stock | Health Care | |
| V | Visa Class A | Stock | Financials | |
| TMUS | T Mobile | Stock | Communication Services | |
| PYPL | PayPal Holdings | Stock | Financials | |
| MSFT | Microsoft | Stock | Information Technology | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
Alger Capital Apprec Risk Profiles
| Mean Deviation | 0.793 | |||
| Semi Deviation | 0.668 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.23 |
Alger Capital Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Capital 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 Capital security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |