Google and Nvidia Team Up on Quantum Computer Development
| CHUSX Fund | USD 28.04 0.28 1.01% |
Slightly above 51% of Alger Global's investors are presently thinking to get in. The analysis of overall sentiment of trading Alger Global Growth mutual fund suggests that some investors are interested at this time. Alger Global's investing sentiment can be driven by a variety of factors including economic data, Alger Global's earnings reports, geopolitical events, and overall market trends.
Alger |
Google Quantum AI is using the Nvidia CUDA-Q platform and the Nvidia Eos supercomputer to help develop its next-generation quantum computing devices. The
Read at pymnts.com
 |
Alger Global Fundamental Analysis
We analyze Alger Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Global 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.
Cash Position Weight
Cash Position Weight Comparative Analysis
Alger Global is second largest fund in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Alger Global 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 Global mutual fund to make a market-neutral strategy. Peer analysis of Alger Global could also be used in its relative valuation, which is a method of valuing Alger Global by comparing valuation metrics with similar companies.
Peers
Alger Global Related Equities
| CHUSX | Alger Global | 1.01 | ||||
| CHUCX | Alger Global | 0.73 | ||||
| AAEMX | Alger Emerging | 0.53 | ||||
| AMGOX | Alger Mid | 0.24 | ||||
| AMGCX | Alger Midcap | 0.22 | ||||
| AOFAX | Alger Small | 0.12 | ||||
| AOFYX | Alger Small | 0.11 | ||||
| AOFIX | Alger Small | 0.11 | ||||
| AOFCX | Alger Small | 0.07 | ||||
| AMGAX | Alger Midcap | 0.26 |
Other Information on Investing in Alger Mutual Fund
Alger Global 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 Global security.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |