Alger Dynamic Opportunities Fund Quote
| ADOCX Fund | USD 18.42 0.11 0.60% |
Performance12 of 100
| Odds Of DistressLess than 17
|
Alger Dynamic is trading at 18.42 as of the 21st of November 2024; that is 0.60 percent increase since the beginning of the trading day. The fund's open price was 18.31. Alger Dynamic has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Alger Dynamic Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund invests in a portfolio of U.S. and foreign equity securities . It may invest a portion of its assets in securities issued by small capitalization companies. The fund may also invest a portion of its assets in equity securities not listed on an exchange. More on Alger Dynamic Opportunities
Moving together with Alger Mutual Fund
Alger Mutual Fund Highlights
| Fund Concentration | Alger Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, Alger (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 6th of April 2023 |
| Fiscal Year End | October |
Alger Dynamic Opportunities [ADOCX] is traded in USA and was established 21st of November 2024. Alger Dynamic is listed under Alger category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Alger family. This fund presently has accumulated 370.36 M in assets under management (AUM) with no minimum investment requirementsAlger Dynamic Opport is currently producing year-to-date (YTD) return of 19.39%, while the total return for the last 3 years was -0.72%.
Check Alger Dynamic Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Alger Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Alger Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Alger Dynamic Opportunities Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Alger Dynamic Opportunities Mutual Fund Constituents
| MTSI | MACOM Technology Solutions | Stock | Information Technology | |
| HEI | Heico | Stock | Industrials | |
| ACAD | ACADIA Pharmaceuticals | Stock | Health Care | |
| PGNY | Progyny | Stock | Health Care | |
| ARKG | ARK Genomic Revolution | Etf | Health | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| LYV | Live Nation Entertainment | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Alger Dynamic Opport Risk Profiles
| Mean Deviation | 0.5381 | |||
| Semi Deviation | 0.6099 | |||
| Standard Deviation | 0.7072 | |||
| Variance | 0.5002 |
Alger Dynamic Against Markets
Other Information on Investing in Alger Mutual Fund
Alger Dynamic 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 Dynamic security.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Commodity Directory Find actively traded commodities issued by global exchanges |