Alger Smidcap Focus Fund Analysis
| ASMZX Fund | USD 14.91 0.03 0.20% |
Alger Smidcap'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 Smidcap's financial risk is the risk to Alger Smidcap 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 Smidcap'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 Smidcap 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 Smidcap to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Alger Smidcap is said to be less leveraged. If creditors hold a majority of Alger Smidcap's assets, the Mutual Fund is said to be highly leveraged.
Alger Smidcap Focus is fairly valued with Real Value of 15.12 and Hype Value of 14.87. The main objective of Alger Smidcap fund analysis is to determine its intrinsic value, which is an estimate of what Alger Smidcap Focus 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 Smidcap Focus. 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 Smidcap 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 -6.0% over the last ten years. Alger Smidcap Focus holds about 8.37% of assets under management (AUM) in cash. Large For more info on Alger Smidcap Focus please contact the company at 800-992-3362.Alger Smidcap Focus Investment Alerts
| Alger Smidcap Focus generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Is T. Rowe Price New Horizons a Strong Mutual Fund Pick Right Now - Yahoo Finance | |
| The fund generated five year return of -6.0% | |
| Alger Smidcap Focus holds about 8.37% of its assets under management (AUM) in cash |
Top Alger Smidcap Focus Mutual Fund Constituents
| GKOS | Glaukos Corp | Stock | |
| USPH | US Physicalrapy | Stock | |
| PCTY | Paylocity Holdng | Stock | |
| W | Wayfair | Stock | |
| UPST | Upstart Holdings | Stock | |
| NTRA | Natera Inc | Stock | |
| MTSI | MACOM Technology Solutions | Stock | |
| SBNY | Signature Bank | Pink Sheet | |
| TTD | Trade Desk | Stock | |
| SITE | SiteOne Landscape Supply | Stock | |
| HLNE | Hamilton Lane | Stock | |
| MEG | Montrose Environmental Grp | Stock | |
| CLB | Core Laboratories NV | Stock | |
| CWST | Casella Waste Systems | Stock | |
| HEI | Heico | Stock | |
| EPAM | EPAM Systems | Stock | |
| CHGG | Chegg Inc | Stock | |
| PODD | Insulet | Stock | |
| OLLI | Ollies Bargain Outlet | Stock | |
| SPSC | SPS Commerce | Stock | |
| PLNT | Planet Fitness | Stock | |
| CRNC | Cerence | Stock | |
| ULTI | REX IncomeMax Option | Etf | |
| NVRO | Nevro Corp | Stock | |
| XPO | XPO Logistics | Stock |
Alger Smidcap Outstanding Bonds
Alger Smidcap 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 Smidcap Focus 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 Smidcap Focus 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 Smidcap Predictive Daily Indicators
Alger Smidcap 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 Smidcap 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.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 14.91 | |||
| Day Typical Price | 14.91 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 46.38 |
Alger Smidcap Forecast Models
Alger Smidcap's time-series forecasting models are one of many Alger Smidcap'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 Smidcap'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 Smidcap 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 Smidcap's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Alger Smidcap, which in turn will lower the firm's financial flexibility.Alger Smidcap 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 Smidcap 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 Smidcap. 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, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. Smallcap or midcap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index, respectively, as reported by the indexes as of the most recent quarter-end.
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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 Smidcap 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 Smidcap 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 Smidcap security.
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