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| ALBAX Fund | USD 78.51 0.72 0.91% |
Slightly above 61% of Alger Growth's investor base is looking to short. The analysis of overall sentiment of trading Alger Growth Income mutual fund suggests that many investors are alarmed at this time. Alger Growth's investing sentiment can be driven by a variety of factors including economic data, Alger Growth's earnings reports, geopolitical events, and overall market trends.
Alger |
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Alger Growth Fundamental Analysis
We analyze Alger Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Growth 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.
One Year Return
One Year Return Comparative Analysis
Alger Growth is currently under evaluation in one year return among similar funds. One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Alger Growth Income 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 Growth mutual fund to make a market-neutral strategy. Peer analysis of Alger Growth could also be used in its relative valuation, which is a method of valuing Alger Growth by comparing valuation metrics with similar companies.
Peers
Alger Growth Related Equities
| AAEMX | Alger Emerging | 0.46 |
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| CHUSX | Alger Global | 0.84 |
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| CHUCX | Alger Global | 0.84 |
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| AMGOX | Alger Mid | 1.38 |
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| AMGAX | Alger Midcap | 1.39 |
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| AMGCX | Alger Midcap | 1.42 |
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| AOFIX | Alger Small | 1.63 |
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| AOFYX | Alger Small | 1.67 |
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| AOFCX | Alger Small | 1.67 |
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| AOFAX | Alger Small | 1.69 |
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Other Information on Investing in Alger Mutual Fund
Alger Growth 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 Growth security.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |