Alger Mid Financial Statements From 2010 to 2024
| AFOIX Fund | USD 18.81 0.09 0.48% |
Check Alger Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alger Mid'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 Mid Valuation or Volatility modules.
Alger |
Alger Mid Cap Mutual Fund Net Asset Analysis
Alger Mid's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Alger Mid Net Asset | 344.63 M |
Most of Alger Mid's fundamental indicators, such as Net Asset, 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 Mid Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Alger Mid Cap has a Net Asset of 344.63 M. This is much higher than that of the Alger family and significantly higher than that of the Mid-Cap Growth category. The net asset for all United States funds is notably lower than that of the firm.
Alger Mid Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Mid's current stock value. Our valuation model uses many indicators to compare Alger Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Mid competition to find correlations between indicators driving Alger Mid's intrinsic value. More Info.Alger Mid Cap is the top fund in year to date return among similar funds. It also is the top fund in one year return among similar funds reporting about 1.24 of One Year Return per Year To Date Return. 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 Mid's earnings, one of the primary drivers of an investment's value.About Alger Mid Financial Statements
Alger Mid investors use historical fundamental indicators, such as Alger Mid'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 Mid. Please read more on our technical analysis and fundamental analysis pages.
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.
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 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.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |