Top Stock Reports for Costco, T-Mobile US Uber
| ACIZX Fund | USD 50.93 0.20 0.39% |
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 |
Todays Research Daily features new research reports on 16 major stocks, including Costco Wholesale Corporation , T-Mobile US, Inc. and Uber Technologies, Inc. , as well as two micro-cap stocks, SandRidge Energy, Inc. and Elite Pharmaceuticals, Inc. .
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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.
Price To Earning
Price To Earning Comparative Analysis
Alger Capital is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
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
| LBISX | Legg Mason | 0.94 | ||||
| PAVLX | T Rowe | 0.58 | ||||
| FMSTX | Federated Mdt | 0.56 | ||||
| ILESX | Fisher Large | 0.37 | ||||
| RTLCX | Tax-managed | 0.28 | ||||
| TRLGX | T Rowe | 0.20 | ||||
| AMONX | Aqr Large | 0.04 |
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.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |