Alger Midcap Growth Fund Analysis
ALMRX Fund | USD 26.53 0.26 0.99% |
Alger Midcap Growth is undervalued with Real Value of 28.2 and Hype Value of 26.53. The main objective of Alger Midcap fund analysis is to determine its intrinsic value, which is an estimate of what Alger Midcap Growth 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 Midcap Growth. 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 Midcap 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 returns of 8.0% over the last ten years. Alger Midcap Growth holds 98.33% of assets under management (AUM) in equities. Large For more info on Alger Midcap Growth please contact the company at 800-992-3362.Alger Midcap Growth Investment Alerts
The fund holds 98.33% 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 Midcap's market, we take the total number of its shares issued and multiply it by Alger Midcap'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 Midcap Growth Mutual Fund Constituents
CCI | Crown Castle | Stock | |
WELL | Welltower | Stock | |
WDC | Western Digital | Stock | |
NTRA | Natera Inc | Stock | |
INCY | Incyte | Stock | |
HEI | Heico | Stock | |
ETSY | Etsy Inc | Stock | |
CSGP | CoStar Group | Stock | |
AVGO | Broadcom | Stock | |
TECH | Bio Techne Corp | Stock | |
LRCX | Lam Research Corp | Stock | |
PLNT | Planet Fitness | Stock | |
MKTX | MarketAxess Holdings | Stock | |
FIS | Fidelity National Information | Stock | |
DG | Dollar General | Stock | |
DKNG | DraftKings | Stock | |
DDOG | Datadog | Stock | |
FICO | Fair Isaac | Stock | |
CHD | Church Dwight | Stock | |
CPRT | Copart Inc | Stock | |
PAYC | Paycom Soft | Stock | |
FTV | Fortive Corp | Stock | |
CTAS | Cintas | Stock |
Technical Drivers
As of the 20th of July, Alger Midcap shows the mean deviation of 0.8886, and Risk Adjusted Performance of 0.2681. Alger Midcap Growth 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 Midcap Growth 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 Midcap 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 Midcap Growth short-term fluctuations and highlight longer-term trends or cycles.
Alger Midcap Outstanding Bonds
Alger Midcap 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 Midcap Growth 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 Midcap Growth 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.
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
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BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
Valero Energy Partners Corp BondUS91914JAA07 | View |
Alger Midcap Predictive Daily Indicators
Alger Midcap 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 Midcap 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 | 26.53 | |||
Day Typical Price | 26.53 | |||
Price Action Indicator | 0.13 | |||
Period Momentum Indicator | 0.26 | |||
Relative Strength Index | 65.8 |
Alger Midcap Forecast Models
Alger Midcap's time-series forecasting models are one of many Alger Midcap'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 Midcap'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 Midcap 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 Midcap. 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 fund 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.
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 Midcap 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 Midcap 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 Midcap security.
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