Alger Emerging Valuation
| AZEMX Fund | USD 12.37 0.03 0.24% |
At this time, the entity appears to be undervalued. Alger Emerging Markets shows a prevailing Real Value of $13.28 per share. The current price of the fund is $12.37. We determine the value of Alger Emerging Markets 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 Emerging's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Alger Emerging Markets shows a prevailing Real Value of $13.28 per share. The current price of the fund is $12.37. We determine the value of Alger Emerging Markets 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 Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alger Mutual Fund. However, Alger Emerging'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 12.37 | Real 13.28 | Hype 12.39 | Naive 12.25 |
The intrinsic value of Alger Emerging'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 Emerging'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 Emerging Markets 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 Emerging more accurately as focusing exclusively on Alger Emerging's fundamentals will not take into account other important factors: Alger Emerging Total Value Analysis
Alger Emerging Markets is presently expected 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 Emerging fundamentals before making investing decisions based on enterprise value of the companyAlger Emerging 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 Emerging Valuation
Our relative valuation model uses a comparative analysis of Alger Emerging. We calculate exposure to Alger Emerging's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alger Emerging's related companies.The fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of emerging country issuers. It generally invests in at least three emerging countries, and, at times, may invest a substantial portion of its assets in a single emerging country. The fund may invest in companies of any market capitalization, from larger, well-established companies to small, emerging growth companies.
Other Information on Investing in Alger Mutual Fund
Alger Emerging 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 Emerging security.
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