Alger 35 Valuation
| ATVPX Fund | USD 17.13 0.29 1.72% |
At this time, the entity appears to be overvalued. Alger 35 Fund shows a prevailing Real Value of $15.95 per share. The current price of the fund is $17.13. We determine the value of Alger 35 Fund 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 35's price fluctuation is not too volatile at this time. At this time, the entity appears to be overvalued. Alger 35 Fund shows a prevailing Real Value of $15.95 per share. The current price of the fund is $17.13. We determine the value of Alger 35 Fund 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 35 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger 35'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 17.13 | Real 15.95 | Hype 17.13 |
The intrinsic value of Alger 35'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 35'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 35 Fund 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 35 more accurately as focusing exclusively on Alger 35's fundamentals will not take into account other important factors: About Alger 35 Valuation
Our relative valuation model uses a comparative analysis of Alger 35. We calculate exposure to Alger 35's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger 35's related companies.Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.
Other Information on Investing in Alger Mutual Fund
Alger 35 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 35 security.
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