Alger Small Valuation
AASOX Fund | USD 19.10 0.33 1.76% |
At this time, the entity appears to be fairly valued. Alger Small Cap shows a prevailing Real Value of $18.58 per share. The current price of the fund is $19.1. We determine the value of Alger Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Fairly Valued
Today
Please note that Alger Small's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Small Cap shows a prevailing Real Value of $18.58 per share. The current price of the fund is $19.1. We determine the value of Alger Small Cap from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Alger Small is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Small's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 19.1 | Real 18.58 | Hype 18.77 | Naive 18.18 |
The intrinsic value of Alger Small's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alger Small's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alger Small Cap helps investors to forecast how Alger mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alger Small more accurately as focusing exclusively on Alger Small's fundamentals will not take into account other important factors: Alger Small Total Value Analysis
Alger Small Cap is presently estimated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Alger Small fundamentals before making investing decisions based on enterprise value of the companyAlger Small Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Alger suggests not a very effective usage of assets in November.About Alger Small Valuation
Our relative valuation model uses a comparative analysis of Alger Small. We calculate exposure to Alger Small's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Small's related companies.The advisor focuses on small, fast-growing companies that the manager believes offer innovative products, services or technologies to a rapidly expanding marketplace. Under normal circumstances, the Portfolio invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology and healthcare sectors.
Other Information on Investing in Alger Mutual Fund
Alger Small 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 Small security.
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