Alger Health Valuation
| AHSCX Fund | USD 11.58 0.03 0.26% |
At this time, the entity appears to be fairly valued. Alger Health Sciences shows a prevailing Real Value of $11.77 per share. The current price of the fund is $11.58. We determine the value of Alger Health Sciences 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.
Fairly Valued
Today
Please note that Alger Health's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Health Sciences shows a prevailing Real Value of $11.77 per share. The current price of the fund is $11.58. We determine the value of Alger Health Sciences 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 Health is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Health'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 11.58 | Real 11.77 | Hype 11.58 | Naive 11.51 |
The intrinsic value of Alger Health'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 Health'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 Health Sciences 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 Health more accurately as focusing exclusively on Alger Health's fundamentals will not take into account other important factors: Alger Health Total Value Analysis
Alger Health Sciences is presently forecasted 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 Health fundamentals before making investing decisions based on enterprise value of the companyAlger Health 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 Health Valuation
Our relative valuation model uses a comparative analysis of Alger Health. We calculate exposure to Alger Health's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Health'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 of any market capitalization that are engaged in the health sciences sector. It can invest in foreign securities.
Other Information on Investing in Alger Mutual Fund
Alger Health 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 Health security.
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