Alger Mid Financial Statements From 2010 to 2025
AMGOX Fund | USD 21.66 0.23 1.05% |
Check Alger Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alger Mid's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alger financial statements analysis is a perfect complement when working with Alger Mid Valuation or Volatility modules.
Alger |
Alger Mid Cap Mutual Fund One Year Return Analysis
Alger Mid's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alger Mid One Year Return | 12.82 % |
Most of Alger Mid's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alger Mid Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition |
Based on the recorded statements, Alger Mid Cap has an One Year Return of 12.8205%. This is much higher than that of the Alger family and significantly higher than that of the Mid-Cap Growth category. The one year return for all United States funds is notably lower than that of the firm.
Alger Mid Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Mid's current stock value. Our valuation model uses many indicators to compare Alger Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Mid competition to find correlations between indicators driving Alger Mid's intrinsic value. More Info.Alger Mid Cap is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 3.53 of Price To Book per Price To Earning. 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 Mid's earnings, one of the primary drivers of an investment's value.About Alger Mid Financial Statements
Alger Mid investors use historical fundamental indicators, such as Alger Mid's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Alger Mid. Please read more on our technical analysis and fundamental analysis pages.
The advisor focuses on mid-sized companies that the advisor believes demonstrate promising growth potential. Under normal circumstances, it invests at least 80 percent of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the SP MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.
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Other Information on Investing in Alger Mutual Fund
Alger Mid 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 Mid security.
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