Alger Capital Financials
| ALCFX Fund | USD 71.17 0.68 0.96% |
Alger |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Alger Capital Fund Summary
Alger Capital competes with American Funds, American Funds, Growth Fund, Growth Fund, and Growth Fund. The advisor intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally differ from this number for a variety of reasons. The fund may engage in active trading of portfolio securities.Specialization | Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Institutional Funds |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Large Growth |
| Benchmark | Dow Jones Industrial |
| Phone | 800 992 3863 |
| Currency | USD - US Dollar |
Alger Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Capital's current stock value. Our valuation model uses many indicators to compare Alger Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Capital competition to find correlations between indicators driving Alger Capital's intrinsic value. More Info.Alger Capital Appreciation is rated below average in price to earning among similar funds. It also is rated below average in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Alger Capital Appreciation is about 5,867 . 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 Capital's earnings, one of the primary drivers of an investment's value.Alger Capital Apprec Systematic Risk
Alger Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Alger Capital Apprec correlated with the market. If Beta is less than 0 Alger Capital generally moves in the opposite direction as compared to the market. If Alger Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Capital Apprec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Capital is generally in the same direction as the market. If Beta > 1 Alger Capital moves generally in the same direction as, but more than the movement of the benchmark.
Alger Capital December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Capital Appreciation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Capital Appreciation based on widely used predictive technical indicators. In general, we focus on analyzing Alger Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alger Capital's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.1127 | |||
| Maximum Drawdown | 6.0 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.37 |
Other Information on Investing in Alger Mutual Fund
Alger Capital 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 Capital security.
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