Alger Capital Appreciation Fund Manager Performance Evaluation
| ACATX Fund | USD 7.57 0.01 0.13% |
The fund shows a Beta (market volatility) of 0.0082, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alger Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alger Capital is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Alger Capital Appreciation has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Alger Capital is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.4000 |
Alger |
Alger Capital Relative Risk vs. Return Landscape
If you would invest 774.00 in Alger Capital Appreciation on August 26, 2024 and sell it today you would lose (17.00) from holding Alger Capital Appreciation or give up 2.2% of portfolio value over 90 days. Alger Capital Appreciation is currently producing negative expected returns and takes up 0.3062% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Alger, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alger Capital Current Valuation
Fairly Valued
Today
Please note that Alger Capital's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Capital Apprec shows a prevailing Real Value of $7.58 per share. The current price of the fund is $7.57. We determine the value of Alger Capital Apprec from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Alger Capital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Capital's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.57 | Real 7.58 | Hype 7.58 | Naive 7.56 |
The intrinsic value of Alger Capital's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alger Capital's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alger Capital Appreciation helps investors to forecast how Alger mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alger Capital more accurately as focusing exclusively on Alger Capital's fundamentals will not take into account other important factors: Alger Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Capital's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Alger Capital Appreciation, and traders can use it to determine the average amount a Alger Capital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.11
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ACATX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alger Capital is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alger Capital by adding Alger Capital to a well-diversified portfolio.
Alger Capital Fundamentals Growth
Alger Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alger Capital, and Alger Capital fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alger Mutual Fund performance.
| Price To Earning | 21.73 X | ||||
| Total Asset | 703.42 M | ||||
About Alger Capital Performance
Evaluating Alger Capital's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alger Capital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Alger Capital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in high quality debt securities and other debt instruments supporting low- and moderate-income individuals and communities and underserved areas of the United States. It seeks a return consisting of current income and capital appreciation that is competitive relative to the funds benchmark index. The fund is non-diversified.Things to note about Alger Capital Apprec performance evaluation
Checking the ongoing alerts about Alger Capital for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alger Capital Apprec help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alger Capital Apprec generated a negative expected return over the last 90 days | |
| Alger Capital Apprec generated five year return of -1.0% | |
| This fund holds most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Alger Capital's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alger Capital's stock is overvalued or undervalued compared to its peers.
- Examining Alger Capital's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alger Capital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alger Capital's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alger Capital's mutual fund. These opinions can provide insight into Alger Capital's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alger Mutual Fund
Alger Capital 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 Capital security.
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