This Is the Best-Performing Vanguard ETF This Year. Will It Be a Winner in 2025?
| ACAYX Fund | USD 51.30 0.48 0.93% |
Slightly above 62% of Alger Capital's investor base is looking to short. The analysis of overall sentiment of trading Alger Capital Appreciation mutual fund suggests that many investors are alarmed at this time. Alger Capital's investing sentiment can be driven by a variety of factors including economic data, Alger Capital's earnings reports, geopolitical events, and overall market trends.
Alger |
Through Nov. 21, the SP 500 is up 24.7 percent year to date, led by big tech stocks like the Magnificent Seven as artificial intelligence continues to be the dominant narrative on the stock market. Given that, you might expect the top-performing Vanguard exchange-traded fund to hail from the tech sector. After all, Nvidia stock has roughly tripled this year, but the Nasdaq Composite is only slightly outperforming the SP 500 with a gain of 26.4 percent and the popular Nasdaq-100 has underperformed the broad-market index with a return of 23.3.
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Alger Capital Fundamental Analysis
We analyze Alger Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Capital 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Alger Capital is currently under evaluation in probability of bankruptcy among similar funds. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Alger Capital Apprec Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alger Capital mutual fund to make a market-neutral strategy. Peer analysis of Alger Capital could also be used in its relative valuation, which is a method of valuing Alger Capital by comparing valuation metrics with similar companies.
Peers
Alger Capital Related Equities
| LMTIX | Qs Us | 0.58 | ||||
| TWQZX | Transamerica Large | 0.13 | ||||
| DALVX | Dunham Large | 0.09 | ||||
| PCLVX | Pace Large | 0.09 | ||||
| DOXGX | Dodge Cox | 0.19 | ||||
| RETSX | Tax-managed | 0.34 | ||||
| LMISX | Qs Us | 0.50 |
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.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |