Alger Balanced Portfolio Fund Manager Performance Evaluation
| ABLOX Fund | USD 22.45 0.23 1.04% |
The fund shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alger Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alger Balanced is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Alger Balanced Portfolio has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Alger Balanced is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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| Expense Ratio | 1.0700 |
Alger |
Alger Balanced Relative Risk vs. Return Landscape
If you would invest 2,239 in Alger Balanced Portfolio on December 2, 2024 and sell it today you would earn a total of 6.00 from holding Alger Balanced Portfolio or generate 0.27% return on investment over 90 days. Alger Balanced Portfolio is currently producing 0.0063% returns and takes up 0.6283% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Alger, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alger Balanced Current Valuation
Fairly Valued
Today
Please note that Alger Balanced's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Balanced Portfolio shows a prevailing Real Value of $22.45 per share. The current price of the fund is $22.45. We determine the value of Alger Balanced Portfolio from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Alger Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Balanced's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 22.45 | Real 22.45 | Hype 22.45 | Naive 22.31 |
The intrinsic value of Alger Balanced's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alger Balanced's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alger Balanced Portfolio helps investors to forecast how Alger mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alger Balanced more accurately as focusing exclusively on Alger Balanced's fundamentals will not take into account other important factors: Alger Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Balanced's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alger Balanced Portfolio, and traders can use it to determine the average amount a Alger Balanced's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0101
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ABLOX |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alger Balanced is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alger Balanced by adding Alger Balanced to a well-diversified portfolio.
Alger Balanced Fundamentals Growth
Alger Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alger Balanced, and Alger Balanced fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alger Mutual Fund performance.
| Price To Earning | 11.21 X | ||||
| Price To Book | 2.94 X | ||||
| Price To Sales | 2.11 X | ||||
| Total Asset | 62.31 M | ||||
About Alger Balanced Performance
Evaluating Alger Balanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alger Balanced has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Alger Balanced has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25 percent of its net assets in fixed-income securities and at least 25 percent of its net assets in equity securities. The fund also may invest up to 10 percent of its net assets in lower-rated securities, rated B or better by any one of those rating agencies.Things to note about Alger Balanced Portfolio performance evaluation
Checking the ongoing alerts about Alger Balanced for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alger Balanced Portfolio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Assa Abloy AB Q4 2024 Earnings Call Highlights Record Cash Flow and Strategic ... - Yahoo Finance | |
| The fund holds about 29.94% of its assets under management (AUM) in fixed income securities |
- Analyzing Alger Balanced's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alger Balanced's stock is overvalued or undervalued compared to its peers.
- Examining Alger Balanced's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alger Balanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alger Balanced's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alger Balanced's mutual fund. These opinions can provide insight into Alger Balanced's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alger Mutual Fund
Alger Balanced 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 Balanced security.
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