Alger International Financials
| ALCZX Fund | USD 18.90 0.11 0.58% |
Alger |
Please note that past performance is not an indicator of the future performance of Alger International, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Alger International Fund Summary
Alger International competes with Alger Midcap, Alger Midcap, Alger Mid, Alger Small, and Alger Small. 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.Specialization | Foreign Large Growth, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Alger Funds |
| Mutual Fund Family | Alger |
| Mutual Fund Category | Foreign Large Growth |
| Benchmark | NYSE Composite |
| Phone | 800 992 3362 |
| Currency | USD - US Dollar |
Alger Financial Ratios 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.Alger International Systematic Risk
Alger International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alger International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Alger International correlated with the market. If Beta is less than 0 Alger International generally moves in the opposite direction as compared to the market. If Alger International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger International is generally in the same direction as the market. If Beta > 1 Alger International moves generally in the same direction as, but more than the movement of the benchmark.
Alger International April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alger International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alger International Growth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger International Growth based on widely used predictive technical indicators. In general, we focus on analyzing Alger Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alger International's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8085 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.52 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.24 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alger International Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.