Alger Small Cap Growth Fund Q3 2024 Commentary - Seeking Alpha
| AGSCX Fund | USD 6.71 0.06 0.90% |
Slightly above 50% of Alger Smallcap's investors are presently thinking to get in. The analysis of overall sentiment of trading Alger Smallcap Growth mutual fund suggests that some investors are interested at this time. Alger Smallcap's investing sentiment can be driven by a variety of factors including economic data, Alger Smallcap's earnings reports, geopolitical events, and overall market trends.
Alger |
Alger Small Cap Growth Fund Q3 2024 Commentary Seeking Alpha
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Alger Smallcap Fundamental Analysis
We analyze Alger Smallcap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Smallcap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Smallcap 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.
Five Year Return
Five Year Return Comparative Analysis
Alger Smallcap is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Alger Smallcap Growth 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 Smallcap mutual fund to make a market-neutral strategy. Peer analysis of Alger Smallcap could also be used in its relative valuation, which is a method of valuing Alger Smallcap by comparing valuation metrics with similar companies.
Peers
Alger Smallcap Related Equities
| PGKCX | Pgim Jennison | 0.12 |
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| RAGTX | Allianzgi Technology | 0.14 |
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| CMTFX | Columbia Global | 0.24 |
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| CGTUX | Columbia Global | 0.24 |
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| DTEYX | Dreyfus Technology | 0.24 |
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| FIKHX | Fidelity Advisor | 0.81 |
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| TEPIX | Technology Ultrasector | 0.86 |
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Other Information on Investing in Alger Mutual Fund
Alger Smallcap 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 Smallcap security.
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