Alger Balanced Valuation
| ABLOX Fund | USD 23.50 0.12 0.51% |
At this time, the entity appears to be undervalued. Alger Balanced Portfolio shows a prevailing Real Value of $25.24 per share. The current price of the fund is $23.5. We determine the value of Alger Balanced Portfolio from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Undervalued
Today
Please note that Alger Balanced's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Alger Balanced Portfolio shows a prevailing Real Value of $25.24 per share. The current price of the fund is $23.5. We determine the value of Alger Balanced Portfolio from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we favor acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will blend.
Since Alger Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Balanced's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 23.5 | Real 25.24 | Hype 23.57 | Naive 23.36 |
The intrinsic value of Alger Balanced's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alger Balanced's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alger Balanced Portfolio helps investors to forecast how Alger mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alger Balanced more accurately as focusing exclusively on Alger Balanced's fundamentals will not take into account other important factors: Alger Balanced Total Value Analysis
Alger Balanced Portfolio is presently estimated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Alger Balanced fundamentals before making investing decisions based on enterprise value of the companyAlger Balanced Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Alger suggests not a very effective usage of assets in July.About Alger Balanced Valuation
Our relative valuation model uses a comparative analysis of Alger Balanced. We calculate exposure to Alger Balanced's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Balanced's related companies.The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25 percent of its net assets in fixed-income securities and at least 25 percent of its net assets in equity securities. The fund also may invest up to 10 percent of its net assets in lower-rated securities, rated B or better by any one of those rating agencies.
Other Information on Investing in Alger Mutual Fund
Alger Balanced 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 Balanced security.
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