Alger Ai Valuation
| AIFAX Fund | 13.97 0.48 3.56% |
At this time, the entity appears to be undervalued. Alger Ai Enablers shows a prevailing Real Value of USD14.83 per share. The current price of the fund is USD13.97. We determine the value of Alger Ai Enablers 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.
Undervalued
Today
Please note that Alger Ai's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Alger Ai Enablers shows a prevailing Real Value of USD14.83 per share. The current price of the fund is USD13.97. We determine the value of Alger Ai Enablers 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 Ai is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Ai'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 13.97 | Real 14.83 | Hype 14.0 | Naive 13.93 |
The intrinsic value of Alger Ai'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 Ai'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 Ai Enablers 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 Ai more accurately as focusing exclusively on Alger Ai's fundamentals will not take into account other important factors: About Alger Ai Valuation
Our relative valuation model uses a comparative analysis of Alger Ai. We calculate exposure to Alger Ai's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Ai's related companies.Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence , demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.
Other Information on Investing in Alger Mutual Fund
Alger Ai 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 Ai security.
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