Alger Emerging Financials
| AAEMX Fund | USD 10.90 0.01 0.09% |
Alger |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Alger Emerging Fund Summary
Alger Emerging competes with Alger Midcap, Alger Midcap, Alger Mid, Alger Small, and Alger Small. The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. The fund may invest in companies of any market capitalization, from larger, well-established companies to small, emerging growth companies.Specialization | Diversified Emerging Mkts, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds II |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Diversified Emerging Mkts |
| Benchmark | Dow Jones Industrial |
| Phone | 800 992 3863 |
| Currency | USD - US Dollar |
Alger Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Emerging's current stock value. Our valuation model uses many indicators to compare Alger Emerging value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Emerging competition to find correlations between indicators driving Alger Emerging's intrinsic value. More Info.Alger Emerging Markets 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 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Emerging Markets is roughly 8.31 . 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 Emerging's earnings, one of the primary drivers of an investment's value.Alger Emerging Markets Systematic Risk
Alger Emerging's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Emerging volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Alger Emerging Markets correlated with the market. If Beta is less than 0 Alger Emerging generally moves in the opposite direction as compared to the market. If Alger Emerging Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Emerging Markets is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Emerging is generally in the same direction as the market. If Beta > 1 Alger Emerging moves generally in the same direction as, but more than the movement of the benchmark.
Alger Emerging November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Emerging help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Emerging Markets. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Emerging Markets based on widely used predictive technical indicators. In general, we focus on analyzing Alger Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alger Emerging's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.78 |
Other Information on Investing in Alger Mutual Fund
Alger Emerging 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 Emerging security.
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