Alger Growth Financials

Alger Growth Fund Summary

Alger Growth competes with Alger Midcap, Alger Midcap, Alger Mid, Alger Small, and Alger Small. The advisor intends to invest at least 65 percent of its total assets in dividend paying equity securities. The fund may invest up to 35 percent of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. The advisor focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the SP 500 Index, as reported by the index as of the most recent quarter-end.

Alger Growth Key Financial Ratios

Alger Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alger Growth's current stock value. Our valuation model uses many indicators to compare Alger Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Growth competition to find correlations between indicators driving Alger Growth's intrinsic value. More Info.Alger Growth Income 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  0.98  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Growth Income is roughly  1.02 . 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 Growth's earnings, one of the primary drivers of an investment's value.

Along with financial statement analysis, the daily predictive indicators of Alger Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Growth Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Growth Income 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 Growth's daily price indicators and compare them against related drivers.

Alger Growth 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 Growth security.