CoStar Group Reviewing Valuation After Recent Share Price Weakness
| ASPZX Fund | USD 38.88 0.25 0.65% |
Slightly above 52% of Alger Spectra's investor base is interested to short. The analysis of overall sentiment of trading Alger Spectra Fund mutual fund suggests that many investors are impartial at this time. Alger Spectra's investing sentiment can be driven by a variety of factors including economic data, Alger Spectra's earnings reports, geopolitical events, and overall market trends.
Alger |
CoStar Group shares have slipped into negative territory over the past month, with investors eyeing shifts in the real estate technology landscape. The companys recent performance offers clues about how it is adapting to changing market dynamics. See our latest analysis for CoStar Group. Despite some high-profile shifts in the broader real estate tech space, CoStar Groups share price has lost momentum in recent months, slipping 18.2 percent over the past 30 days and ending at 69.38. With...
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Alger Spectra Fundamental Analysis
We analyze Alger Spectra's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Spectra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Spectra based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Five Year Return
Five Year Return Comparative Analysis
Alger Spectra is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Alger Spectra Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alger Spectra mutual fund to make a market-neutral strategy. Peer analysis of Alger Spectra could also be used in its relative valuation, which is a method of valuing Alger Spectra by comparing valuation metrics with similar companies.
Peers
Alger Spectra Related Equities
| LMLRX | Qs Defensive | 0.22 |
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| LANIX | Qs Growth | 1.02 |
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| TFAGX | Tfa Alphagen | 1.09 |
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| HISGX | Harbor Small | 1.22 |
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| GCIGX | Gamco International | 1.81 |
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| UPDDX | Upright Growth | 2.22 |
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Other Information on Investing in Alger Mutual Fund
Alger Spectra 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 Spectra security.
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