Alger International Financial Statements From 2010 to 2024
| ALCZX Fund | USD 20.40 0.10 0.49% |
Check Alger International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alger main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Alger financial statements analysis is a perfect complement when working with Alger International Valuation or Volatility modules.
Alger |
Alger International Growth Mutual Fund Year To Date Return Analysis
Alger International's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alger International Year To Date Return | 3.87 % |
Most of Alger International's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alger International Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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In accordance with the company's disclosures, Alger International Growth has a Year To Date Return of 3.8703%. This is much higher than that of the Alger family and significantly higher than that of the Foreign Large Growth category. The year to date return for all United States funds is notably lower than that of the firm.
Alger International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger International's current stock value. Our valuation model uses many indicators to compare Alger International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger International competition to find correlations between indicators driving Alger International's intrinsic value. More Info.Alger International Growth is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger International Growth is roughly 9.10 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alger International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alger International's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger International's earnings, one of the primary drivers of an investment's value.About Alger International Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alger International income statement, its balance sheet, and the statement of cash flows. Alger International investors use historical funamental indicators, such as Alger International's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alger International investors may use each financial statement separately, they are all related. The changes in Alger International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alger International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alger International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alger International. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of foreign companies. It generally invests in at least three foreign countries, and, at times, may invest a substantial portion of its assets in a single foreign country.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out the analysis of Alger International Correlation against competitors. Note that the Alger International information on this page should be used as a complementary analysis to other Alger International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.