Alger Smallcap Growth Fund Manager Performance Evaluation
| ASCZX Fund | USD 12.69 0.07 0.55% |
The fund shows a Beta (market volatility) of 1.08, which signifies a somewhat significant risk relative to the market. Alger Smallcap returns are very sensitive to returns on the market. As the market goes up or down, Alger Smallcap is expected to follow.
Risk-Adjusted Performance
Soft
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Alger Smallcap Growth are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Alger Smallcap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2025 | |
| Expense Ratio | 1.0000 |
ALGER |
Alger Smallcap Relative Risk vs. Return Landscape
If you would invest 1,212 in Alger Smallcap Growth on October 28, 2025 and sell it today you would earn a total of 57.00 from holding Alger Smallcap Growth or generate 4.7% return on investment over 90 days. Alger Smallcap Growth is currently producing 0.0847% returns and takes up 1.3761% volatility of returns over 90 trading days. Put another way, 12% of traded mutual funds are less volatile than ALGER, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alger Smallcap Current Valuation
Fairly Valued
Today
Please note that Alger Smallcap's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Smallcap Growth shows a prevailing Real Value of $12.52 per share. The current price of the fund is $12.69. We determine the value of Alger Smallcap Growth from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Alger Smallcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ALGER Mutual Fund. However, Alger Smallcap's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.69 | Real 12.52 | Hype 12.69 | Naive 12.82 |
The intrinsic value of Alger Smallcap's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alger Smallcap's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alger Smallcap Growth helps investors to forecast how ALGER mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alger Smallcap more accurately as focusing exclusively on Alger Smallcap's fundamentals will not take into account other important factors: Alger Smallcap Target Price Odds to finish over Current Price
The tendency of ALGER Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 12.69 | 90 days | 12.69 | about 10.95 |
Based on a normal probability distribution, the odds of Alger Smallcap to move above the current price in 90 days from now is about 10.95 (This Alger Smallcap Growth probability density function shows the probability of ALGER Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.08 . This suggests Alger Smallcap Growth market returns are sensitive to returns on the market. As the market goes up or down, Alger Smallcap is expected to follow. Additionally Alger Smallcap Growth has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Alger Smallcap Price Density |
| Price |
Predictive Modules for Alger Smallcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Alger Smallcap Growth. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Alger Smallcap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Alger Smallcap is not an exception. The market had few large corrections towards the Alger Smallcap's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Alger Smallcap Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Alger Smallcap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.0016 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 0.48 | |
Ir | Information ratio | 0 |
Alger Smallcap Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Alger Smallcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Alger Smallcap Growth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated five year return of -4.0% | |
| Alger Smallcap Growth holds 94.64% of its assets under management (AUM) in equities |
Alger Smallcap Fundamentals Growth
ALGER Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Alger Smallcap, and Alger Smallcap fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ALGER Mutual Fund performance.
| Price To Earning | 38.09 X | |||
| Price To Book | 3.03 X | |||
| Price To Sales | 3.05 X | |||
| Total Asset | 63.56 M | |||
About Alger Smallcap Performance
Evaluating Alger Smallcap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Alger Smallcap has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Alger Smallcap has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between the higher of 5 billion or the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index. Alger Small is traded on NASDAQ Exchange in the United States.Things to note about Alger Smallcap Growth performance evaluation
Checking the ongoing alerts about Alger Smallcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Alger Smallcap Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated five year return of -4.0% | |
| Alger Smallcap Growth holds 94.64% of its assets under management (AUM) in equities |
- Analyzing Alger Smallcap's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alger Smallcap's stock is overvalued or undervalued compared to its peers.
- Examining Alger Smallcap's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alger Smallcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alger Smallcap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Alger Smallcap's mutual fund. These opinions can provide insight into Alger Smallcap's potential for growth and whether the stock is currently undervalued or overvalued.
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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