Alger Growth Income Fund Analysis
ALBAX Fund | USD 82.72 0.06 0.07% |
Alger Growth Income is undervalued with Real Value of 88.48 and Hype Value of 82.72. The main objective of Alger Growth fund analysis is to determine its intrinsic value, which is an estimate of what Alger Growth Income 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 Growth Income. 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 Growth 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 generated five year return of 16.0%. Alger Growth Income holds 95.07% of assets under management (AUM) in equities. This fund last dividend was 0.15 per share. Large Value For more info on Alger Growth Income please contact the company at 800-992-3863.Alger Growth Income Investment Alerts
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The fund holds 95.07% of its assets under management (AUM) in equities |
Alger Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alger Growth's market, we take the total number of its shares issued and multiply it by Alger Growth's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top Alger Growth Income Mutual Fund Constituents
AVGO | Broadcom | Stock | |
MO | Altria Group | Stock | |
JNJ | Johnson Johnson | Stock | |
XOM | Exxon Mobil Corp | Stock | |
VZ | Verizon Communications | Stock | |
UNH | UnitedHealth Group Incorporated | Stock | |
PG | Procter Gamble | Stock | |
MSFT | Microsoft | Stock | |
MS | Morgan Stanley | Stock | |
KLAC | KLA Tencor | Stock | |
JPM | JPMorgan Chase Co | Stock | |
AAPL | Apple Inc | Stock | |
HON | Honeywell International | Stock | |
HD | Home Depot | Stock | |
GOOGL | Alphabet Inc Class A | Stock | |
GOOG | Alphabet Inc Class C | Stock | |
FB | ProShares Trust ProShares | Etf | |
CME | CME Group | Stock | |
AMZN | Amazon Inc | Stock | |
BA | The Boeing | Stock | |
CMCSA | Comcast Corp | Stock | |
PFE | Pfizer Inc | Stock |
Technical Drivers
As of the 20th of July, Alger Growth shows the mean deviation of 0.5787, and Risk Adjusted Performance of 0.2392. Alger Growth Income 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 Growth Income Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Simple Moving Average indicator is calculated by adding the closing price of Alger Growth 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 Growth Income short-term fluctuations and highlight longer-term trends or cycles.
Alger Growth Outstanding Bonds
Alger Growth 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 Growth Income 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 Growth Income 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 Growth Predictive Daily Indicators
Alger Growth 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 Growth 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 | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 82.72 | |||
Day Typical Price | 82.72 | |||
Price Action Indicator | (0.03) | |||
Period Momentum Indicator | (0.06) | |||
Relative Strength Index | 80.09 |
Alger Growth Forecast Models
Alger Growth's time-series forecasting models are one of many Alger Growth's 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 Growth's 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 Growth 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 Growth. By using and applying Alger Mutual Fund analysis, traders can create a robust methodology for identifying Alger entry and exit points for their positions.
The advisor intends to invest at least 65 percent of its total assets in dividend paying equity securities. The fund may invest up to 35 percent of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. The advisor focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the SP 500 Index, as reported by the index as of the most recent quarter-end.
Be your own money manager
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 Growth 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 Growth 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 Growth security.
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