Fidelity National Stock Rallies 25 percent YTD but Lags Industry How to Play
ACAAX Fund | USD 34.61 4.67 11.89% |
Slightly above 61% of Alger Capital's investor base is looking to short. The analysis of overall sentiment of trading Alger Capital Appreciation mutual fund suggests that many investors are alarmed at this time. Alger Capital's investing sentiment can be driven by a variety of factors including economic data, Alger Capital's earnings reports, geopolitical events, and overall market trends.
Alger |
It is wise to adopt a cautious approach for FNF despite market share growth, solid margin, competitive advantages and its strong track record of technology innovation.
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Alger Capital Fundamental Analysis
We analyze Alger Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Capital based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Year To Date Return
Year To Date Return Comparative Analysis
Alger Capital is currently under evaluation in year to date return among similar funds. Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Alger Capital Apprec Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alger Capital mutual fund to make a market-neutral strategy. Peer analysis of Alger Capital could also be used in its relative valuation, which is a method of valuing Alger Capital by comparing valuation metrics with similar companies.
Peers
Alger Capital Related Equities
AMGOX | Alger Mid | 1.49 | ||||
AMGAX | Alger Midcap | 0.43 | ||||
AMGCX | Alger Midcap | 0.53 | ||||
AAGOX | Alger Large | 0.80 | ||||
AAEMX | Alger Emerging | 0.90 | ||||
AOFCX | Alger Small | 1.28 | ||||
AOFYX | Alger Small | 1.30 | ||||
AOFIX | Alger Small | 1.30 | ||||
AOFAX | Alger Small | 1.30 | ||||
CHUSX | Alger Global | 14.38 |
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.
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