Alger Smallcap Financials
| AGSCX Fund | USD 6.94 0.04 0.58% |
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 Smallcap Fund Summary
Alger Smallcap competes with Alger Midcap, Alger Midcap, Alger Mid, Alger Small, and Alger Small. 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.Specialization | Small Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Small Growth |
| 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 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 fifth largest fund in price to earning among similar funds. It also is fifth largest fund in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Smallcap Growth is roughly 11.44 . 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.Alger Smallcap Growth Systematic Risk
Alger Smallcap's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Smallcap 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Alger Smallcap Growth correlated with the market. If Beta is less than 0 Alger Smallcap generally moves in the opposite direction as compared to the market. If Alger Smallcap Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Smallcap Growth is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Smallcap is generally in the same direction as the market. If Beta > 1 Alger Smallcap moves generally in the same direction as, but more than the movement of the benchmark.
Alger Smallcap November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger Smallcap help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Smallcap Growth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Smallcap Growth 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 Smallcap's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0356 | |||
| Maximum Drawdown | 7.24 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.06 |
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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