Alger Capital Equity Positions Weight vs. Ten Year Return
| ALCFX Fund | USD 73.64 1.17 1.61% |
For Alger Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alger Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alger Capital Appreciation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alger Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alger Capital Appreciation over time as well as its relative position and ranking within its peers.
Alger |
Alger Capital Apprec Ten Year Return vs. Equity Positions Weight Fundamental Analysis
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. Alger Capital Appreciation is fifth largest fund in equity positions weight among similar funds. It is third largest fund in ten year return among similar funds reporting about 0.15 of Ten Year Return per Equity Positions Weight. The ratio of Equity Positions Weight to Ten Year Return for Alger Capital Appreciation is roughly 6.65 . 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 Ten Year Return vs. Equity Positions Weight
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Alger Capital |
| = | 97.50 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Alger Capital |
| = | 14.66 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Alger Ten Year Return Comparison
Alger Capital is second largest fund in ten year return among similar funds.
Alger Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alger Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alger Capital will eventually generate negative long term returns. The profitability progress is the general direction of Alger Capital's change in net profit over the period of time. It can combine multiple indicators of Alger Capital, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
Alger Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alger Capital. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alger Capital position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alger Capital's important profitability drivers and their relationship over time.
Use Alger Capital in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alger Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alger Capital will appreciate offsetting losses from the drop in the long position's value.Alger Capital Pair Trading
Alger Capital Appreciation Pair Trading Analysis
The ability to find closely correlated positions to Alger Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alger Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alger Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alger Capital Appreciation to buy it.
The correlation of Alger Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alger Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alger Capital Apprec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alger Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Alger Capital position
In addition to having Alger Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Alger Mutual Fund
To fully project Alger Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alger Capital Apprec at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alger Capital's income statement, its balance sheet, and the statement of cash flows.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |