Trend Tracker for - Stock Traders Daily
| ATFV Etf | USD 25.11 0.24 0.95% |
Slightly above 62% of Alger 35's investor base is looking to short. The current sentiment regarding investing in Alger 35 ETF etf implies that many traders are alarmed. Alger 35's investing sentiment can be driven by a variety of factors including economic data, Alger 35's earnings reports, geopolitical events, and overall market trends.
Alger 35 etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Alger daily returns and investor perception about the current price of Alger 35 ETF as well as its diversification or hedging effects on your existing portfolios.
Alger |
Trend Tracker for Stock Traders Daily
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Alger 35 Fundamental Analysis
We analyze Alger 35's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger 35 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger 35 based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Beta
Beta Comparative Analysis
Alger 35 is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Alger 35 ETF 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 35 etf to make a market-neutral strategy. Peer analysis of Alger 35 could also be used in its relative valuation, which is a method of valuing Alger 35 by comparing valuation metrics with similar companies.
Peers
Alger 35 Related Equities
| IVW | IShares SP | 1.02 | ||||
| MGK | Vanguard Mega | 0.90 | ||||
| IUSG | IShares Core | 0.87 | ||||
| VUG | Vanguard Growth | 0.84 | ||||
| VRGWX | Vanguard Russell | 0.81 | ||||
| VONG | Vanguard Russell | 0.78 | ||||
| IWF | IShares Russell | 0.77 | ||||
| MTUM | IShares MSCI | 0.59 |
Check out Alger 35 Hype Analysis, Alger 35 Correlation and Alger 35 Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Alger 35 ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger 35's value that differs from its market value or its book value, called intrinsic value, which is Alger 35's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger 35's market value can be influenced by many factors that don't directly affect Alger 35's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger 35's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger 35 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger 35's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.