Alger Smallcap Growth Fund Analysis
| ASIRX Fund | USD 11.98 0.23 1.96% |
Alger Smallcap's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. Alger Smallcap's financial risk is the risk to Alger Smallcap stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that Alger Smallcap's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Alger Smallcap is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Alger Smallcap to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Alger Smallcap is said to be less leveraged. If creditors hold a majority of Alger Smallcap's assets, the Mutual Fund is said to be highly leveraged.
Alger Smallcap Growth is fairly valued with Real Value of 11.88 and Hype Value of 11.94. The main objective of Alger Smallcap fund analysis is to determine its intrinsic value, which is an estimate of what Alger Smallcap 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 Smallcap 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 Smallcap 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 -8.0% over the last ten years. Alger Smallcap Growth holds 93.24% of assets under management (AUM) in equities. Large For more info on Alger Smallcap Growth please contact the company at 800-992-3362.Alger Smallcap Growth Investment Alerts
| The fund generated five year return of -8.0% | |
| Alger Smallcap Growth holds 93.24% of its assets under management (AUM) in equities |
Top Alger Smallcap Growth Mutual Fund Constituents
| JYNT | The Joint Corp | Stock | |
| TDOC | Teladoc | Stock | |
| PAYC | Paycom Software | Stock | |
| HUBS | HubSpot | Stock | |
| QDEL | Quidel | Stock | |
| INMD | InMode | Stock | |
| RUN | Sunrun Inc | Stock | |
| LYV | Live Nation Entertainment | Stock | |
| DXCM | DexCom Inc | Stock | |
| TNDM | Tandem Diabetes Care | Stock | |
| DKNG | DraftKings | Stock | |
| PODD | Insulet | Stock | |
| MGNI | Magnite | Stock | |
| DLR | Digital Realty Trust | Stock | |
| VEEV | Veeva Systems Class | Stock | |
| TYL | Tyler Technologies | Stock | |
| ACIW | ACI Worldwide | Stock | |
| CGNX | Cognex | Stock | |
| CDNA | CareDx Inc | Stock | |
| NEOG | Neogen | Stock | |
| TECH | Bio Techne Corp | Stock | |
| BCPC | Balchem | Stock | |
| BLKB | Blackbaud | Stock |
Alger Smallcap Outstanding Bonds
Alger Smallcap 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 Smallcap Growth 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 Smallcap 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Alger Smallcap Predictive Daily Indicators
Alger Smallcap 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 Smallcap 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 | 1.02 | |||
| Day Median Price | 11.98 | |||
| Day Typical Price | 11.98 | |||
| Price Action Indicator | 0.12 | |||
| Period Momentum Indicator | 0.23 |
Alger Smallcap Forecast Models
Alger Smallcap's time-series forecasting models are one of many Alger Smallcap'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 Smallcap'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.Alger Smallcap Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Alger Smallcap's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Alger Smallcap, which in turn will lower the firm's financial flexibility.Alger Smallcap Corporate Bonds Issued
About Alger Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Alger Smallcap 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 Smallcap. 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 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 a total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks.
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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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