Alger Weatherbie Valuation
| ASYMX Fund | USD 13.25 0.04 0.30% |
At this time, the entity appears to be fairly valued. Alger Weatherbie Spe shows a prevailing Real Value of $13.5 per share. The current price of the fund is $13.25. We determine the value of Alger Weatherbie Spe 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 Weatherbie's price fluctuation is not too volatile at this time. At this time, the entity appears to be fairly valued. Alger Weatherbie Spe shows a prevailing Real Value of $13.5 per share. The current price of the fund is $13.25. We determine the value of Alger Weatherbie Spe 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 Weatherbie is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Weatherbie'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 13.25 | Real 13.5 | Hype 13.29 | Naive 13.59 |
The intrinsic value of Alger Weatherbie'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 Weatherbie'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 Weatherbie Specialized 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 Weatherbie more accurately as focusing exclusively on Alger Weatherbie's fundamentals will not take into account other important factors: About Alger Weatherbie Valuation
Our relative valuation model uses a comparative analysis of Alger Weatherbie. We calculate exposure to Alger Weatherbie's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Weatherbie's related companies.Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. Smallcap or midcap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index, respectively, as reported by the indexes as of the most recent quarter-end.
Other Information on Investing in Alger Mutual Fund
Alger Weatherbie 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 Weatherbie security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |