Alger 35 Fund Manager Performance Evaluation
| ATVPX Fund | USD 15.96 0.02 0.13% |
The fund shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alger 35 will likely underperform.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Alger 35 Fund has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's basic indicators remain fairly strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...moreAlger |
Alger 35 Relative Risk vs. Return Landscape
If you would invest 1,800 in Alger 35 Fund on December 20, 2024 and sell it today you would lose (237.00) from holding Alger 35 Fund or give up 13.17% of portfolio value over 90 days. Alger 35 Fund is currently producing negative expected returns and takes up 2.2145% volatility of returns over 90 trading days. Put another way, 19% 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 35 Current Valuation
Undervalued
Today
Please note that Alger 35's price fluctuation is not too volatile at this time. At this time, the entity appears to be undervalued. Alger 35 Fund shows a prevailing Real Value of $16.01 per share. The current price of the fund is $15.96. We determine the value of Alger 35 Fund 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 35 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger 35'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 15.96 | Real 16.01 | Hype 15.63 | Naive 16.36 |
The intrinsic value of Alger 35'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 35'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 35 Fund 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 35 more accurately as focusing exclusively on Alger 35's fundamentals will not take into account other important factors: Alger 35 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger 35's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alger 35 Fund, and traders can use it to determine the average amount a Alger 35'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 = -0.0968
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ATVPX |
Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alger 35 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 35 by adding Alger 35 to a well-diversified portfolio.
Alger 35 Fundamentals Growth
Alger Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alger 35, and Alger 35 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.
| Total Asset | 39.88 M | |||
About Alger 35 Performance
Evaluating Alger 35's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alger 35 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 35 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.
Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Alger 35 is traded on NASDAQ Exchange in the United States.Things to note about Alger 35 Fund performance evaluation
Checking the ongoing alerts about Alger 35 for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alger 35 Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alger 35 Fund generated a negative expected return over the last 90 days | |
| The fund holds 98.79% of its assets under management (AUM) in equities |
- Analyzing Alger 35'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 35's stock is overvalued or undervalued compared to its peers.
- Examining Alger 35'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 35's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alger 35's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alger 35's mutual fund. These opinions can provide insight into Alger 35's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alger Mutual Fund
Alger 35 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 35 security.
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