Alger Mid Valuation
| AAIYX Fund | USD 11.93 0.27 2.32% |
At this time, the entity appears to be overvalued. Alger Mid Cap shows a prevailing Real Value of $11.16 per share. The current price of the fund is $11.93. We determine the value of Alger Mid Cap 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.
Overvalued
Today
Please note that Alger Mid's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. Alger Mid Cap shows a prevailing Real Value of $11.16 per share. The current price of the fund is $11.93. We determine the value of Alger Mid Cap 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 Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Mid'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 11.93 | Real 11.16 | Hype 11.93 | Naive 12.41 |
The intrinsic value of Alger Mid'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 Mid'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 Mid Cap 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 Mid more accurately as focusing exclusively on Alger Mid's fundamentals will not take into account other important factors: Alger Mid Total Value Analysis
Alger Mid Cap is presently anticipated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Alger Mid fundamentals before making investing decisions based on enterprise value of the companyAlger Mid Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Alger suggests not a very effective usage of assets in March.About Alger Mid Valuation
Our relative valuation model uses a comparative analysis of Alger Mid. We calculate exposure to Alger Mid's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Mid's related companies.The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the SP MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Alger Mid is traded on NASDAQ Stock Exchange in USA.
Other Information on Investing in Alger Mutual Fund
Alger Mid 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 Mid security.
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