Alger Smallcap Valuation
| ALSAX Fund | USD 9.18 0.40 4.18% |
At this time, the entity appears to be undervalued. Alger Smallcap Growth shows a prevailing Real Value of $9.45 per share. The current price of the fund is $9.18. We determine the value of Alger Smallcap Growth 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 Smallcap's price fluctuation is not too volatile at this time. At this time, the entity appears to be undervalued. Alger Smallcap Growth shows a prevailing Real Value of $9.45 per share. The current price of the fund is $9.18. We determine the value of Alger Smallcap Growth 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 Smallcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Smallcap'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 9.18 | Real 9.45 | Hype 9.04 | Naive 9.06 |
The intrinsic value of Alger Smallcap'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 Smallcap'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 Smallcap Growth 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 Smallcap more accurately as focusing exclusively on Alger Smallcap's fundamentals will not take into account other important factors: Alger Smallcap Total Value Analysis
Alger Smallcap Growth 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 Smallcap fundamentals before making investing decisions based on enterprise value of the companyAlger Smallcap 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 Smallcap Valuation
Our relative valuation model uses a comparative analysis of Alger Smallcap. We calculate exposure to Alger Smallcap's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Smallcap's related companies.The fund normally 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 a total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care and consumer discretionary sectors.
Other Information on Investing in Alger Mutual Fund
Alger Smallcap 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 Smallcap security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |