Alger Growth Financial Statements From 2010 to 2024
| AIGOX Fund | USD 33.85 0.11 0.33% |
Check Alger Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alger Growth's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alger financial statements analysis is a perfect complement when working with Alger Growth Valuation or Volatility modules.
Alger |
Alger Growth Income Mutual Fund Year To Date Return Analysis
Alger Growth's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alger Growth Year To Date Return | 23.17 % |
Most of Alger Growth's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alger Growth Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
In accordance with the company's disclosures, Alger Growth Income has a Year To Date Return of 23.1731%. This is much higher than that of the Alger family and significantly higher than that of the Large Blend category. The year to date return for all United States funds is notably lower than that of the firm.
Alger Growth Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Growth's current stock value. Our valuation model uses many indicators to compare Alger Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Growth competition to find correlations between indicators driving Alger Growth's intrinsic value. More Info.Alger Growth Income is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.35 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Growth Income is roughly 2.82 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger Growth's earnings, one of the primary drivers of an investment's value.About Alger Growth Financial Statements
Alger Growth investors use historical fundamental indicators, such as Alger Growth's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Alger Growth. Please read more on our technical analysis and fundamental analysis pages.
The fund invests primarily in equity securities such as common or preferred stocks which the advisor believes offer opportunities for capital appreciation and which also pay dividends. It is a fundamental policy of the fund to invest at least 65 percent of its total assets in dividend paying equity securities. The fund may invest up to 35 percent of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alger Mutual Fund
Alger Growth 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 Growth security.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |