Alger Small Cap Fund Manager Performance Evaluation

AOFIX Fund  USD 23.36  0.04  0.17%   
The fund shows a Beta (market volatility) of 1.2, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alger Small will likely underperform.

Risk-Adjusted Performance

Soft

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Alger Small Cap are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Alger Small is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Alger Small Relative Risk vs. Return Landscape

If you would invest  2,227  in Alger Small Cap on October 28, 2025 and sell it today you would earn a total of  109.00  from holding Alger Small Cap or generate 4.89% return on investment over 90 days. Alger Small Cap is currently producing 0.091% returns and takes up 1.602% volatility of returns over 90 trading days. Put another way, 14% 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 Small is expected to generate 2.16 times more return on investment than the market. However, the company is 2.16 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 per unit of risk.

Alger Small Current Valuation

Fairly Valued
Today
23.36
Please note that Alger Small's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Small Cap shows a prevailing Real Value of $23.0 per share. The current price of the fund is $23.36. We determine the value of Alger Small Cap 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 Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Small'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  23.36 Real  23.0 Hype  23.36 Naive  23.46
The intrinsic value of Alger Small'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 Small'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.
23.00
Real Value
24.60
Upside
Estimating the potential upside or downside of Alger Small Cap 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 Small more accurately as focusing exclusively on Alger Small's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.5122.8024.08
Details
Hype
Prediction
LowEstimatedHigh
21.7623.3624.96
Details
Naive
Forecast
LowNext ValueHigh
21.8623.4625.06
Details

Alger Small 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
 23.36 90 days 23.36 
about 8.28
Based on a normal probability distribution, the odds of Alger Small to move above the current price in 90 days from now is about 8.28 (This Alger Small Cap 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 the mutual fund has the beta coefficient of 1.2 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alger Small will likely underperform. Additionally Alger Small Cap 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 Small Price Density   
       Price  

Predictive Modules for Alger Small

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 Small Cap. 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
21.7623.3624.96
Details
Intrinsic
Valuation
LowRealHigh
21.4023.0024.60
Details
Naive
Forecast
LowNextHigh
21.8623.4625.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.5122.8024.08
Details

Alger Small Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Alger Small is not an exception. The market had few large corrections towards the Alger Small'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 Small Cap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alger Small within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.004
β
Beta against Dow Jones1.20
σ
Overall volatility
0.88
Ir
Information ratio 0.01

Alger Small 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 Small for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alger Small Cap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund generated five year return of -6.0%
Alger Small Cap holds 98.55% of its assets under management (AUM) in equities

Alger Small Fundamentals Growth

Alger Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alger Small, and Alger Small 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 Small Performance

Evaluating Alger Small's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alger Small 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 Small 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 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 total market capitalization between the higher of 5 billion or the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index. Alger Small is traded on NASDAQ Exchange in the United States.

Things to note about Alger Small Cap performance evaluation

Checking the ongoing alerts about Alger Small for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alger Small Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated five year return of -6.0%
Alger Small Cap holds 98.55% of its assets under management (AUM) in equities
Evaluating Alger Small's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alger Small's mutual fund performance include:
  • Analyzing Alger Small'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 Small's stock is overvalued or undervalued compared to its peers.
  • Examining Alger Small'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 Small's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alger Small's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Alger Small's mutual fund. These opinions can provide insight into Alger Small's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Alger Small's mutual fund performance is not an exact science, and many factors can impact Alger Small'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 Small 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 Small security.
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