Alger Responsible Valuation
| AGIFX Fund | USD 19.03 0.02 0.10% |
At this time, the entity appears to be fairly valued. Alger Responsible shows a prevailing Real Value of $18.77 per share. The current price of the fund is $19.03. We determine the value of Alger Responsible 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 Responsible's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Alger Responsible shows a prevailing Real Value of $18.77 per share. The current price of the fund is $19.03. We determine the value of Alger Responsible 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 Responsible is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Responsible'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 19.03 | Real 18.77 | Hype 19.03 | Naive 18.82 |
The intrinsic value of Alger Responsible'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 Responsible'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 Responsible Investing 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 Responsible more accurately as focusing exclusively on Alger Responsible's fundamentals will not take into account other important factors: Alger Responsible Total Value Analysis
Alger Responsible Investing is presently forecasted 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 Responsible fundamentals before making investing decisions based on enterprise value of the companyAlger Responsible 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 Responsible Valuation
Our relative valuation model uses a comparative analysis of Alger Responsible. We calculate exposure to Alger Responsible's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Responsible's related companies.The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any size with an environmental, social and governance rating of average or above by a third-party ESG rating agency that also demonstrate, in the view of the Manager, promising growth potential.
Other Information on Investing in Alger Mutual Fund
Alger Responsible 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 Responsible security.
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