Alger Health Sciences Fund Analysis
AHSAX Fund | USD 21.88 0.15 0.69% |
Alger Health Sciences is fairly valued with Real Value of 21.81 and Hype Value of 21.88. The main objective of Alger Health fund analysis is to determine its intrinsic value, which is an estimate of what Alger Health Sciences is worth, separate from its market price. There are two main types of Alger Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Alger Health Sciences. On the other hand, technical analysis, focuses on the price and volume data of Alger Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Alger Health mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Alger |
Alger Mutual Fund Analysis Notes
The fund generated returns of 4.0% over the last ten years. Alger Health Sciences holds 94.69% of assets under management (AUM) in equities. Large Growth For more info on Alger Health Sciences please contact the company at 800-992-3863.Alger Health Sciences Investment Alerts
Alger Health generated a negative expected return over the last 90 days | |
The fund generated three year return of -7.0% | |
Alger Health Sciences holds 94.69% of its assets under management (AUM) in equities |
Alger Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alger Health's market, we take the total number of its shares issued and multiply it by Alger Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top Alger Health Sciences Mutual Fund Constituents
ABT | Abbott Laboratories | Stock | |
HUM | Humana Inc | Etf | |
ZTS | Zoetis Inc | Stock | |
BMY | Bristol Myers Squibb | Stock | |
JNJ | Johnson Johnson | Stock | |
ISRG | Intuitive Surgical | Stock | |
TNDM | Tandem Diabetes Care | Stock | |
NVS | Novartis AG ADR | Stock | |
LLY | Eli Lilly and | Stock | |
PODD | Insulet | Stock | |
IDXX | IDEXX Laboratories | Stock | |
BMRN | Biomarin Pharmaceutical | Stock | |
DHR | Danaher | Stock | |
VEEV | Veeva Systems Class | Stock | |
GILD | Gilead Sciences | Stock | |
ABBV | AbbVie Inc | Stock | |
ILMN | Illumina | Stock | |
AZTA | Azenta Inc | Stock | |
TECH | Bio Techne Corp | Stock | |
INMD | InMode | Stock | |
MRK | Merck Company | Stock | |
DXCM | DexCom Inc | Stock | |
VRTX | Vertex Pharmaceuticals | Stock | |
MRNA | Moderna | Stock | |
UNH | UnitedHealth Group Incorporated | Stock | |
FBRX | Forte Biosciences | Stock |
Technical Drivers
As of the 26th of November, Alger Health shows the risk adjusted performance of (0.02), and Mean Deviation of 0.5663. Alger Health Sciences technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.Alger Health Sciences Price Movement Analysis
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Alger Health Outstanding Bonds
Alger Health issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Alger Health Sciences uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Alger bonds can be classified according to their maturity, which is the date when Alger Health Sciences has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Alger Health Predictive Daily Indicators
Alger Health intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alger Health mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 21.88 | |||
Day Typical Price | 21.88 | |||
Price Action Indicator | 0.075 | |||
Period Momentum Indicator | 0.15 |
Alger Health Forecast Models
Alger Health's time-series forecasting models are one of many Alger Health's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alger Health's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Alger Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Alger Health prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alger shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Alger Health. By using and applying Alger Mutual Fund analysis, traders can create a robust methodology for identifying Alger entry and exit points for their positions.
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 are engaged in the health sciences sector. It can invest in foreign securities.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Alger Health to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Alger Mutual Fund
Alger Health 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 Health security.
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