Guidewire Beats Q3 Sales Targets, Full-Year Outlook Exceeds Expectations
| AGOZX Fund | USD 21.51 0.55 2.62% |
Slightly above 55% of Alger Small's investors are presently thinking to get in. The analysis of overall sentiment of trading Alger Small Cap mutual fund suggests that some investors are interested at this time. Alger Small's investing sentiment can be driven by a variety of factors including economic data, Alger Small's earnings reports, geopolitical events, and overall market trends.
Alger |
Insurance industry-focused software maker Guidewire reported Q3 CY2024 results topping the markets revenue expectations, with sales up 26.8 percent year on year to 262.9 million. Guidance for next quarters revenue was optimistic at 285 million at the midpoint, 2 percent above analysts estimates. Its non-GAAP profit of 0.43 per share was 44.9 percent above analysts consensus estimates.
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Alger Small Fundamental Analysis
We analyze Alger Small's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Small using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Small 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.
Price To Sales
Price To Sales Comparative Analysis
Alger Small is currently under evaluation in price to sales among similar funds. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Alger Small Cap 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 Small mutual fund to make a market-neutral strategy. Peer analysis of Alger Small could also be used in its relative valuation, which is a method of valuing Alger Small by comparing valuation metrics with similar companies.
Peers
Alger Small Related Equities
| AFOZX | Alger Funds | 2.52 | ||||
| CMGIX | Blackrock Mid | 2.22 | ||||
| ASMZX | Alger Smidcap | 2.15 | ||||
| ALZFX | Alger Capital | 2.11 | ||||
| ASPZX | Alger Spectra | 2.07 |
Other Information on Investing in Alger Mutual Fund
Alger Small 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 Small security.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |