Alger Capital Valuation
ACATX Fund | USD 7.65 0.02 0.26% |
Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Alger Capital Apprec prevailing Real Value cannot be determined due to lack of data. The current price of Alger Capital Apprec is $7.65. We determine the value of Alger Capital Apprec 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.
Undervalued
Today
Please note that Alger Capital's price fluctuation is out of control at this time. Based on Macroaxis valuation methodology, the entity cannot be evaluated at this time. Alger Capital Apprec prevailing Real Value cannot be determined due to lack of data. The current price of Alger Capital Apprec is $7.65. We determine the value of Alger Capital Apprec 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 Capital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Capital'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 7.65 | Real 0.0 | Hype 0.0 | Naive 7.66 |
The intrinsic value of Alger Capital'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 Capital'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 Capital Appreciation 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 Capital more accurately as focusing exclusively on Alger Capital's fundamentals will not take into account other important factors: Alger Capital Total Value Analysis
Alger Capital Appreciation is presently anticipated to have takeover price of 524.46 M with market capitalization of 524.46 M, 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 Capital fundamentals before making investing decisions based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
524.46 M | 524.46 M |
Alger Capital 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 November.About Alger Capital Valuation
Our relative valuation model uses a comparative analysis of Alger Capital. We calculate exposure to Alger Capital's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Capital's related companies.The fund invests primarily in high quality debt securities and other debt instruments supporting low- and moderate-income individuals and communities and underserved areas of the United States. It seeks a return consisting of current income and capital appreciation that is competitive relative to the funds benchmark index. The fund is non-diversified.
Other Information on Investing in Alger Mutual Fund
Alger Capital 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 Capital security.
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