Alger Dynamic Opportunities Fund Manager Performance Evaluation
| ADOCX Fund | USD 16.99 0.06 0.35% |
The fund shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alger Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alger Dynamic is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Alger Dynamic Opportunities has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
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| Expense Ratio Date | 6th of April 2023 | |
| Expense Ratio | 2.8300 |
Alger |
Alger Dynamic Relative Risk vs. Return Landscape
If you would invest 1,888 in Alger Dynamic Opportunities on December 13, 2024 and sell it today you would lose (189.00) from holding Alger Dynamic Opportunities or give up 10.01% of portfolio value over 90 days. Alger Dynamic Opportunities is currently producing negative expected returns and takes up 1.0221% volatility of returns over 90 trading days. Put another way, 9% 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 Dynamic Current Valuation
Fairly Valued
Today
Please note that Alger Dynamic's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Dynamic Opport shows a prevailing Real Value of $17.26 per share. The current price of the fund is $16.99. We determine the value of Alger Dynamic Opport 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 Dynamic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Dynamic'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 16.99 | Real 17.26 | Hype 16.99 |
The intrinsic value of Alger Dynamic'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 Dynamic'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 Dynamic Opportunities 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 Dynamic more accurately as focusing exclusively on Alger Dynamic's fundamentals will not take into account other important factors: Alger Dynamic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Dynamic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alger Dynamic Opportunities, and traders can use it to determine the average amount a Alger Dynamic'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 = -0.1668
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ADOCX |
Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alger Dynamic 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 Dynamic by adding Alger Dynamic to a well-diversified portfolio.
Alger Dynamic Fundamentals Growth
Alger Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alger Dynamic, and Alger Dynamic 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 | 26.38 X | ||||
| Price To Book | 2.90 X | ||||
| Price To Sales | 3.30 X | ||||
| Total Asset | 11.15 M | ||||
About Alger Dynamic Performance
Evaluating Alger Dynamic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alger Dynamic 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 Dynamic 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 fund invests in a portfolio of U.S. and foreign equity securities . It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. It can invest in foreign securities.Things to note about Alger Dynamic Opport performance evaluation
Checking the ongoing alerts about Alger Dynamic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alger Dynamic Opport help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alger Dynamic Opport generated a negative expected return over the last 90 days | |
| The fund holds about 62.83% of its assets under management (AUM) in cash |
- Analyzing Alger Dynamic'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 Dynamic's stock is overvalued or undervalued compared to its peers.
- Examining Alger Dynamic'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 Dynamic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alger Dynamic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alger Dynamic's mutual fund. These opinions can provide insight into Alger Dynamic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alger Mutual Fund
Alger Dynamic 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 Dynamic security.
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