Alger Ai Cash Position Weight vs. Equity Positions Weight
| AIFAX Fund | 13.77 0.28 2.08% |
For Alger Ai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alger Ai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alger Ai Enablers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alger Ai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alger Ai Enablers over time as well as its relative position and ranking within its peers.
Alger |
Alger Ai Enablers Equity Positions Weight vs. Cash Position Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alger Ai's current stock value. Our valuation model uses many indicators to compare Alger Ai value to that of its competitors to determine the firm's financial worth. Alger Ai Enablers is the top fund in cash position weight among similar funds. It also is the top fund in equity positions weight among similar funds making about 53.95 of Equity Positions Weight per Cash Position Weight. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger Ai's earnings, one of the primary drivers of an investment's value.Alger Equity Positions Weight vs. Cash Position Weight
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 Ai |
| = | 1.82 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
Alger Ai |
| = | 98.18 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Alger Equity Positions Weight Comparison
Alger Ai is currently under evaluation in equity positions weight among similar funds.
Alger Ai Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alger Ai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alger Ai will eventually generate negative long term returns. The profitability progress is the general direction of Alger Ai's change in net profit over the period of time. It can combine multiple indicators of Alger Ai, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence , demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.
Alger Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alger Ai. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alger Ai position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alger Ai's important profitability drivers and their relationship over time.
Use Alger Ai in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alger Ai position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alger Ai will appreciate offsetting losses from the drop in the long position's value.Alger Ai Pair Trading
Alger Ai Enablers Pair Trading Analysis
The ability to find closely correlated positions to Alger Ai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alger Ai when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alger Ai - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alger Ai Enablers to buy it.
The correlation of Alger Ai is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alger Ai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alger Ai Enablers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alger Ai can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Alger Ai position
In addition to having Alger Ai in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Disruptive Technologies Theme or any other thematic opportunities.
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Other Information on Investing in Alger Mutual Fund
To fully project Alger Ai's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alger Ai Enablers at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alger Ai's income statement, its balance sheet, and the statement of cash flows.
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