Alger Funds Mid Fund Analysis
| AFOZX Fund | USD 19.07 0.23 1.22% |
Alger Funds Mid is undervalued with Real Value of 20.22 and Hype Value of 19.07. The main objective of Alger Funds fund analysis is to determine its intrinsic value, which is an estimate of what Alger Funds Mid is worth, separate from its market price. There are two main types of Alger Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Alger Funds Mid. On the other hand, technical analysis, focuses on the price and volume data of Alger Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Alger Funds mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Alger |
Alger Mutual Fund Analysis Notes
The fund holds about 6.78% of assets under management (AUM) in cash. Large For more info on Alger Funds Mid please contact the company at 800-992-3362.Alger Funds Mid Investment Alerts
| The fund holds about 6.78% of its assets under management (AUM) in cash |
Top Alger Funds Mid Mutual Fund Constituents
| XPO | XPO Logistics | Stock | |
| QDEL | Quidel | Stock | |
| DT | Dynatrace Holdings LLC | Stock | |
| ZM | Zoom Video Communications | Stock | |
| MGNI | Magnite | Stock | |
| TSLA | Tesla Inc | Stock | |
| LULU | Lululemon Athletica | Stock | |
| JYNT | The Joint Corp | Stock | |
| MASI | Masimo | Stock | |
| VEEV | Veeva Systems Class | Stock | |
| INGN | Inogen Inc | Stock | |
| GNRC | Generac Holdings | Stock | |
| UPST | Upstart Holdings | Stock | |
| ALGN | Align Technology | Stock | |
| DKNG | DraftKings | Stock | |
| TYL | Tyler Technologies | Stock | |
| MANH | Manhattan Associates | Stock | |
| PINS | Stock | ||
| HRI | Herc Holdings | Stock | |
| OLED | Universal Display | Stock | |
| BSY | Bentley Systems | Stock | |
| FIVN | Five9 Inc | Stock | |
| INMD | InMode | Stock | |
| ROKU | Roku Inc | Stock | |
| TDOC | Teladoc | Stock |
Technical Drivers
As of the 19th of July, Alger Funds shows the risk adjusted performance of 0.2694, and Mean Deviation of 0.9978. Alger Funds Mid technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.Alger Funds Mid Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of Alger Funds for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Alger Funds Mid short-term fluctuations and highlight longer-term trends or cycles.
Alger Funds Outstanding Bonds
Alger Funds issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Alger Funds Mid uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Alger bonds can be classified according to their maturity, which is the date when Alger Funds Mid has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Alger Funds Predictive Daily Indicators
Alger Funds intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alger Funds mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 19.07 | |||
| Day Typical Price | 19.07 | |||
| Price Action Indicator | 0.12 | |||
| Period Momentum Indicator | 0.23 | |||
| Relative Strength Index | 64.54 |
Alger Funds Forecast Models
Alger Funds' time-series forecasting models are one of many Alger Funds' mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alger Funds' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Alger Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Alger Funds prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alger shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Alger Funds. By using and applying Alger Mutual Fund analysis, traders can create a robust methodology for identifying Alger entry and exit points for their positions.
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. In addition, under normal market conditions, it invests at least 25 percent of its total assets in companies in the following group of industries Health Care Equipment Supplies, Health Care Technology, Biotechnology, Life Sciences Tools Services, andor Software, as defined by third party sources. The fund may have 25 percent or more of its total assets invested in any one of these industries. It is non-diversified.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Alger Funds to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Alger Mutual Fund
Alger Funds 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 Funds security.
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