AMERIPRISE FINANCIAL INC Expands Stake in Cerence Inc
| ASIMX Fund | USD 15.34 0.01 0.07% |
Slightly above 55% of Alger Smidcap's investor base is interested to short. The analysis of overall sentiment of trading Alger Smidcap Focus mutual fund suggests that many investors are impartial at this time. Alger Smidcap's investing sentiment can be driven by a variety of factors including economic data, Alger Smidcap's earnings reports, geopolitical events, and overall market trends.
Alger |
Overview of Recent Transaction On September 30, 2024, AMERIPRISE FINANCIAL INC made a significant addition to its investment portfolio by ac
Read at gurufocus.com
 |
Alger Smidcap Fundamental Analysis
We analyze Alger Smidcap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Smidcap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Smidcap 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.
Three Year Return
Three Year Return Comparative Analysis
Alger Smidcap is currently under evaluation in three year return among similar funds. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Alger Smidcap Focus 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 Smidcap mutual fund to make a market-neutral strategy. Peer analysis of Alger Smidcap could also be used in its relative valuation, which is a method of valuing Alger Smidcap by comparing valuation metrics with similar companies.
Peers
Alger Smidcap Related Equities
| CNEIX | Alger Concentrated | 1.09 | ||||
| CNEYX | Alger Concentrated | 1.09 | ||||
| CNEZX | Alger Concentrated | 1.09 | ||||
| ADOCX | Alger Dynamic | 0.38 | ||||
| AMGOX | Alger Mid | 0.37 | ||||
| AMGAX | Alger Midcap | 0.37 | ||||
| ADOZX | Alger Dynamic | 0.36 | ||||
| AMGCX | Alger Midcap | 0.32 |
Other Information on Investing in Alger Mutual Fund
Alger Smidcap 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 Smidcap security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |