Alger Emerging Markets Fund Fundamentals
| AAEMX Fund | USD 10.85 0.05 0.46% |
Alger Emerging Markets fundamentals help investors to digest information that contributes to Alger Emerging's financial success or failures. It also enables traders to predict the movement of Alger Mutual Fund. The fundamental analysis module provides a way to measure Alger Emerging's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alger Emerging mutual fund.
Alger |
Alger Emerging Markets Mutual Fund One Year Return Analysis
Alger Emerging's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alger Emerging One Year Return | 12.84 % |
Most of Alger Emerging's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alger Emerging Markets is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Alger Emerging Markets has an One Year Return of 12.8364%. This is much higher than that of the Alger family and significantly higher than that of the Diversified Emerging Mkts category. The one year return for all United States funds is notably lower than that of the firm.
Alger Emerging Markets Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Emerging's current stock value. Our valuation model uses many indicators to compare Alger Emerging value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Emerging competition to find correlations between indicators driving Alger Emerging's intrinsic value. More Info.Alger Emerging Markets 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 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Emerging Markets is roughly 8.31 . 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 Emerging's earnings, one of the primary drivers of an investment's value.Alger One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alger Emerging's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Alger Emerging could also be used in its relative valuation, which is a method of valuing Alger Emerging by comparing valuation metrics of similar companies.Alger Emerging is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Alger Emerging
The fund consists of 98.02% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Alger Emerging's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Alger Fundamentals
| Price To Earning | 15.87 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 1.37 X | |||
| Total Asset | 3.43 M | |||
| Year To Date Return | 7.92 % | |||
| One Year Return | 12.84 % | |||
| Three Year Return | (7.84) % | |||
| Five Year Return | 3.35 % | |||
| Net Asset | 22.95 M | |||
| Cash Position Weight | 1.97 % | |||
| Equity Positions Weight | 98.02 % |
About Alger Emerging Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alger Emerging Markets's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Emerging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Emerging Markets based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. The fund may invest in companies of any market capitalization, from larger, well-established companies to small, emerging growth companies.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alger Mutual Fund
Alger Emerging 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 Emerging security.
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