Lemonades chief business officer Maya Prosor sells 1.5 million in stock
| ALBAX Fund | USD 78.65 0.23 0.29% |
Slightly above 62% of Alger Growth's investor base is looking to short. The analysis of overall sentiment of trading Alger Growth Income mutual fund suggests that many investors are alarmed at this time. Alger Growth's investing sentiment can be driven by a variety of factors including economic data, Alger Growth's earnings reports, geopolitical events, and overall market trends.
Alger |
Lemonades chief business officer Maya Prosor sells 1.5 million in stock
Read at investing.com
 |
Alger Growth Fundamental Analysis
We analyze Alger Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Growth 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 Growth 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 Growth Income 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 Growth mutual fund to make a market-neutral strategy. Peer analysis of Alger Growth could also be used in its relative valuation, which is a method of valuing Alger Growth by comparing valuation metrics with similar companies.
Peers
Alger Growth Related Equities
| VFFSX | Vanguard 500 | 0.29 |
| ||
| VINIX | Vanguard Institutional | 0.29 |
| ||
| VIIIX | Vanguard Institutional | 0.30 |
| ||
| VTSAX | Vanguard Total | 0.38 |
| ||
| VSTSX | Vanguard Total | 0.38 |
| ||
| VSMPX | Vanguard Total | 0.38 |
| ||
| VTSMX | Vanguard Total | 0.38 |
| ||
| VFINX | Vanguard 500 | 0.60 |
| ||
| VFIAX | Vanguard 500 | 0.60 |
| ||
| VITSX | Vanguard Total | 0.69 |
|
Other Information on Investing in Alger Mutual Fund
Alger Growth 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 Growth security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |