Alger Capital Appreciation Fund Manager Performance Evaluation

ALGRX Fund  USD 105.29  0.35  0.33%   
The fund shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. Alger Capital returns are very sensitive to returns on the market. As the market goes up or down, Alger Capital is expected to follow.

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
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 newest stock price disturbance, may contribute to short-term losses for the investors.
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1
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Expense Ratio Date28th of February 2025
Expense Ratio0.9400
  

Alger Capital Relative Risk vs. Return Landscape

If you would invest  10,677  in Alger Capital Appreciation on October 31, 2025 and sell it today you would lose (148.00) from holding Alger Capital Appreciation or give up 1.39% of portfolio value over 90 days. Alger Capital Appreciation is currently producing negative expected returns and takes up 1.3264% volatility of returns over 90 trading days. Put another way, 11% 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  
Assuming the 90 days horizon Alger Capital is expected to under-perform the market. In addition to that, the company is 1.76 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of volatility.

Alger Capital Current Valuation

Fairly Valued
Today
105.29
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 $104.51 per share. The current price of the fund is $105.29. 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  105.29 Real  104.51 Hype  105.29 Naive  104.07
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.
103.19
Downside
104.51
Real Value
105.83
Upside
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
102.19104.51106.82
Details
Hype
Prediction
LowEstimatedHigh
103.97105.29106.61
Details
Naive
Forecast
LowNext ValueHigh
102.74104.07105.39
Details
Below is the normalized historical share price chart for Alger Capital Appreciation extending back to October 29, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alger Capital stands at 105.29, as last reported on the 29th of January, with the highest price reaching 105.29 and the lowest price hitting 105.29 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Alger Capital Target Price Odds to finish over Current Price

The tendency of Alger Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 105.29 90 days 105.29 
about 22.39
Based on a normal probability distribution, the odds of Alger Capital to move above the current price in 90 days from now is about 22.39 (This Alger Capital Appreciation probability density function shows the probability of Alger Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Alger Capital has a beta of 0.94. This suggests Alger Capital Appreciation market returns are sensitive to returns on the market. As the market goes up or down, Alger Capital is expected to follow. Additionally Alger Capital Appreciation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Alger Capital Price Density   
       Price  

Predictive Modules for Alger Capital

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alger Capital Apprec. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
103.97105.29106.61
Details
Intrinsic
Valuation
LowRealHigh
103.19104.51105.83
Details
Naive
Forecast
LowNextHigh
102.74104.07105.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
102.19104.51106.82
Details

Alger Capital Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Alger Capital is not an exception. The market had few large corrections towards the Alger Capital's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Alger Capital Appreciation, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alger Capital within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.02
β
Beta against Dow Jones0.94
σ
Overall volatility
2.20
Ir
Information ratio -0.01

Alger Capital Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Alger Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alger Capital Apprec can help investors quickly react to important events or material 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
Latest headline from news.google.com: Alger Focus Equity Fund Q4 2025 Commentary - Seeking Alpha
The fund holds 98.18% of its assets under management (AUM) in equities

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.

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 advisor intends to invest a substantial portion of its assets in a smaller number of issuers. Generally, the fund will own approximately 50 holdings. Fund holdings may occasionally differ from this number for a variety of reasons. The fund may engage in active trading of portfolio securities. 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
Latest headline from news.google.com: Alger Focus Equity Fund Q4 2025 Commentary - Seeking Alpha
The fund holds 98.18% of its assets under management (AUM) in equities
Evaluating Alger Capital's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alger Capital's mutual fund performance include:
  • 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.
It's essential to remember that evaluating Alger Capital's mutual fund performance is not an exact science, and many factors can impact Alger Capital's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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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