Alger Mutual Fund Financials

ALEAX
 Fund
  

USD 8.03  0.17  2.16%   

You can use Alger Weatherbie Enduring fundamental data analysis to find out if markets are presently mispricing the fund. We were able to analyze twelve available fundamental indicators for Alger Weatherbie Enduring, which can be compared to its rivals. Please make use of Alger Weatherbie Enduring year to date return and last dividend paid to make a decision on whether Alger Weatherbie is priced fairly. Use Alger Weatherbie to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The fund experiences an unexpected upward trend. Watch out for market signals. Check odds of Alger Weatherbie to be traded at $9.64 in 90 days.
  
With this module, you can analyze Alger financials for your investing period. You should be able to track the changes in Alger Weatherbie individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Alger Weatherbie Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alger Weatherbie's financial statements are interrelated, with each one affecting the others. For example, an increase in Alger Weatherbie's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 7
Alger Weatherbie Enduring has less than 7 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Alger Weatherbie mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Alger Weatherbie's official financial statements usually reflect Alger Weatherbie's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alger Weatherbie Enduring. For example, before you start analyzing numbers published by Alger accountants, it's critical to develop an understanding of what Alger Weatherbie's liquidity, profitability, and earnings quality are in the context of the Alger Weatherbie Enduring space in which it operates.
Please note that past performance is not an indicator of the future performance of Alger Weatherbie, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .
InstrumentUSA Mutual Fund View All
ExchangeNASDAQ Exchange
BenchmarkDOW
Phone866 667 9231
CurrencyUSD - US Dollar
You should never invest in Alger Weatherbie without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Alger Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Alger Weatherbie's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Alger Weatherbie Key Financial Ratios

Generally speaking, Alger Weatherbie's financial ratios allow both analysts and investors to convert raw data from Alger Weatherbie's financial statements into concise, actionable information that can be used to evaluate the performance of Alger Weatherbie over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alger Weatherbie Enduring reports annually and quarterly.

Alger Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alger Weatherbie's current stock value. Our valuation model uses many indicators to compare Alger Weatherbie value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Weatherbie competition to find correlations between indicators driving Alger Weatherbie's intrinsic value. More Info.
Alger Weatherbie Enduring is the top fund in one year return among similar funds. It is the top fund in annual yield among similar funds . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alger Weatherbie by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alger Weatherbie's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger Weatherbie's earnings, one of the primary drivers of an investment's value.

Alger Weatherbie Enduring Systematic Risk

Alger Weatherbie's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger Weatherbie volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-one with a total number of output elements of thirty. The Beta measures systematic risk based on how returns on Alger Weatherbie Enduring correlated with the market. If Beta is less than 0 Alger Weatherbie generally moves in the opposite direction as compared to the market. If Alger Weatherbie Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Weatherbie Enduring is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Weatherbie is generally in the same direction as the market. If Beta > 1 Alger Weatherbie moves generally in the same direction as, but more than the movement of the benchmark.
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About Alger Weatherbie Financials

What exactly are Alger Weatherbie Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Alger Weatherbie's income statement, its balance sheet, and the statement of cash flows. Potential Alger Weatherbie investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Alger Weatherbie investors may use each financial statement separately, they are all related. The changes in Alger Weatherbie's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alger Weatherbie's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Alger Weatherbie is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Alger grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Alger Weatherbie August 14, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Alger Weatherbie help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger Weatherbie Enduring. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Weatherbie Enduring based on widely used predictive technical indicators. In general, we focus on analyzing Alger Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alger Weatherbie's daily price indicators and compare them against related drivers.
Downside Deviation2.21
Information Ratio0.0766
Maximum Drawdown9.9
Value At Risk(3.60)
Potential Upside3.38
Please continue to Trending Equities. Note that the Alger Weatherbie Enduring information on this page should be used as a complementary analysis to other Alger Weatherbie's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Alger Weatherbie Enduring price analysis, check to measure Alger Weatherbie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alger Weatherbie is operating at the current time. Most of Alger Weatherbie's value examination focuses on studying past and present price action to predict the probability of Alger Weatherbie's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alger Weatherbie's price. Additionally, you may evaluate how the addition of Alger Weatherbie to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Alger Weatherbie's value and its price as these two are different measures arrived at by different means. Investors typically determine Alger Weatherbie value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger Weatherbie's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.