Alger International Growth Fund Analysis
ALGAX Fund | USD 20.15 0.16 0.80% |
Alger International Growth is fairly valued with Real Value of 20.21 and Hype Value of 20.15. The main objective of Alger International fund analysis is to determine its intrinsic value, which is an estimate of what Alger International Growth 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 International Growth. 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 International 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 holds 99.12% of assets under management (AUM) in equities. Large Growth For more info on Alger International Growth please contact the company at 800-992-3863.Alger International Investment Alerts
Alger International generated a negative expected return over the last 90 days | |
The fund generated three year return of -6.0% | |
Alger International holds 99.12% 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 International's market, we take the total number of its shares issued and multiply it by Alger International'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 International Growth Mutual Fund Constituents
UBS | UBS Group AG | Stock | |
TAL | TAL Education Group | Stock | |
ASML | ASML Holding NV | Stock | |
BABA | Alibaba Group Holding | Stock | |
EDU | New Oriental Education | Stock | |
EQT | EQT Corporation | Stock | |
LULU | Lululemon Athletica | Stock | |
MBFJF | Mitsubishi UFJ Financial | Pink Sheet | |
NXPI | NXP Semiconductors NV | Stock | |
SF | Stifel Financial | Stock | |
TCTZF | Tencent Holdings | Pink Sheet | |
NSRGF | Nestle SA | Pink Sheet | |
AVGO | Broadcom | Stock | |
YNDX | Yandex NV | Stock |
Technical Drivers
As of the 30th of November, Alger International shows the risk adjusted performance of (0.03), and Mean Deviation of 0.6041. Alger International 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 International Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Alger International middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Alger International. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Alger International Outstanding Bonds
Alger International 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 International 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 International Growth 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 International Predictive Daily Indicators
Alger International 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 International 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 | 20.15 | |||
Day Typical Price | 20.15 | |||
Price Action Indicator | 0.08 | |||
Period Momentum Indicator | 0.16 | |||
Relative Strength Index | 47.44 |
Alger International Forecast Models
Alger International's time-series forecasting models are one of many Alger International'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 International'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 International 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 International. By using and applying Alger Mutual Fund analysis, traders can create a robust methodology for identifying Alger entry and exit points for their positions.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of foreign companies. It generally invests in at least three foreign countries, and, at times, may invest a substantial portion of its assets in a single foreign country.
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Other Information on Investing in Alger Mutual Fund
Alger International 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 International security.
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