Alger Mid Cap Fund Analysis
AFOIX Fund | USD 18.81 0.09 0.48% |
Alger Mid Cap is undervalued with Real Value of 2.46 and Hype Value of 0.0. The main objective of Alger Mid fund analysis is to determine its intrinsic value, which is an estimate of what Alger Mid Cap is worth, separate from its market price. There are two main types of Alger Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Alger Mid Cap. On the other hand, technical analysis, focuses on the price and volume data of Alger Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Alger Mid mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Alger |
Alger Mutual Fund Analysis Notes
The fund generated five year return of 16.0%. Alger Mid Cap holds about 6.78% of assets under management (AUM) in cash. Large For more info on Alger Mid Cap please contact the company at 800-992-3362.Alger Mid Cap Investment Alerts
The fund generated three year return of -2.0% | |
Alger Mid Cap holds about 6.78% of its assets under management (AUM) in cash |
Top Alger Mid Cap Mutual Fund Constituents
VEEV | Veeva Systems Class | Stock | |
DXCM | DexCom Inc | Stock | |
MRCY | Mercury Systems | Stock | |
HLIO | Helios Technologies | Stock | |
DT | Dynatrace Holdings LLC | Stock | |
MGNI | Magnite | Stock | |
MIDD | Middleby Corp | Stock | |
PINS | Stock | ||
CRWD | Crowdstrike Holdings | Stock | |
LULU | Lululemon Athletica | Stock | |
ROKU | Roku Inc | Stock | |
TYL | Tyler Technologies | Stock | |
BSY | Bentley Systems | Stock | |
USFD | US Foods Holding | Stock | |
INMD | InMode | Stock | |
ANSS | ANSYS Inc | Stock | |
SBNY | Signature Bank | Pink Sheet | |
PENN | Penn National Gaming | Stock | |
XPO | XPO Logistics | Stock | |
BURL | Burlington Stores | Stock | |
FIVN | Five9 Inc | Stock | |
ZM | Zoom Video Communications | Stock | |
ZTS | Zoetis Inc | Stock | |
HRI | Herc Holdings | Stock | |
OLED | Universal Display | Stock |
Technical Drivers
As of the 2nd of December, Alger Mid shows the risk adjusted performance of 0.2221, and Mean Deviation of 0.8639. Alger Mid Cap technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.Alger Mid Cap Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Alger Mid middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Alger Mid Cap. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Alger Mid Predictive Daily Indicators
Alger Mid intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alger Mid mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 18.81 | |||
Day Typical Price | 18.81 | |||
Price Action Indicator | 0.045 | |||
Period Momentum Indicator | 0.09 |
Alger Mid Forecast Models
Alger Mid's time-series forecasting models are one of many Alger Mid's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alger Mid's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Alger Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Alger Mid prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alger shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Alger Mid. By using and applying Alger Mutual Fund analysis, traders can create a robust methodology for identifying Alger entry and exit points for their positions.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. In addition, under normal market conditions, it invests at least 25 percent of its total assets in companies in the following group of industries Health Care Equipment Supplies, Health Care Technology, Biotechnology, Life Sciences Tools Services, andor Software, as defined by third party sources. The fund may have 25 percent or more of its total assets invested in any one of these industries. It is non-diversified.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Alger Mid to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Backtesting Now
Portfolio BacktestingAvoid under-diversification and over-optimization by backtesting your portfolios |
All Next | Launch Module |
Other Information on Investing in Alger Mutual Fund
Alger Mid 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 Mid security.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |