Alger Smallcap Financial Statements From 2010 to 2024
| ALSAX Fund | USD 11.33 0.20 1.80% |
Check Alger Smallcap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alger Smallcap'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 Smallcap Valuation or Volatility modules.
Alger |
Alger Smallcap Growth Mutual Fund Year To Date Return Analysis
Alger Smallcap's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alger Smallcap Year To Date Return | 16.18 % |
Most of Alger Smallcap's fundamental indicators, such as Year To Date Return, 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 Smallcap Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
In accordance with the company's disclosures, Alger Smallcap Growth has a Year To Date Return of 16.1795%. This is much higher than that of the Alger family and significantly higher than that of the Small Growth category. The year to date return for all United States funds is notably lower than that of the firm.
Alger Smallcap Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Smallcap's current stock value. Our valuation model uses many indicators to compare Alger Smallcap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Smallcap competition to find correlations between indicators driving Alger Smallcap's intrinsic value. More Info.Alger Smallcap Growth is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Smallcap Growth is roughly 12.57 . 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 Smallcap's earnings, one of the primary drivers of an investment's value.About Alger Smallcap Financial Statements
Alger Smallcap investors use historical fundamental indicators, such as Alger Smallcap'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 Smallcap. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have a total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care and consumer discretionary sectors.
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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 Smallcap 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 Smallcap security.
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