Ankur Crawford When Software Begins to Write Software, Innovation Is Exponential - Morningstar
| CNEIX Fund | 13.18 0.15 1.15% |
Slightly above 51% of Alger Concentrated's investors are presently thinking to get in. The analysis of overall sentiment of trading Alger Concentrated Equity mutual fund suggests that some investors are interested at this time. Alger Concentrated's investing sentiment can be driven by a variety of factors including economic data, Alger Concentrated's earnings reports, geopolitical events, and overall market trends.
Alger |
Ankur Crawford When Software Begins to Write Software, Innovation Is Exponential Morningstar
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Alger Concentrated Fundamental Analysis
We analyze Alger Concentrated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Concentrated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Concentrated 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Alger Concentrated is currently under evaluation in probability of bankruptcy among similar funds. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Alger Concentrated Equity 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 Concentrated mutual fund to make a market-neutral strategy. Peer analysis of Alger Concentrated could also be used in its relative valuation, which is a method of valuing Alger Concentrated by comparing valuation metrics with similar companies.
Peers
Alger Concentrated Related Equities
| AOFIX | Alger Small | 1.78 | ||||
| AOFCX | Alger Small | 1.78 | ||||
| AOFYX | Alger Small | 1.77 | ||||
| AMGOX | Alger Mid | 1.75 | ||||
| AOFAX | Alger Small | 1.74 | ||||
| AMGAX | Alger Midcap | 1.68 | ||||
| AMGCX | Alger Midcap | 1.68 | ||||
| CHUCX | Alger Global | 1.02 | ||||
| CHUSX | Alger Global | 1.00 | ||||
| AAEMX | Alger Emerging | 0.65 |
Other Information on Investing in Alger Mutual Fund
Alger Concentrated 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 Concentrated security.
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