Alger Ai Enablers Fund Current Ratio
| AAICX Fund | 13.02 0.14 1.06% |
Alger Ai Enablers fundamentals help investors to digest information that contributes to Alger Ai's financial success or failures. It also enables traders to predict the movement of Alger Mutual Fund. The fundamental analysis module provides a way to measure Alger Ai's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alger Ai mutual fund.
Alger |
Alger Ai Enablers Mutual Fund Current Ratio Analysis
Alger Ai's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Alger Ai Enablers has a Current Ratio of 0.0 times. This indicator is about the same for the Alger average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Did you try this?
Run Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
About Alger Ai Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alger Ai Enablers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Ai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Ai Enablers based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Ai 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 Ai security.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |