Alger Emerging Markets Fund Price on December 11, 2024
AAEMX Fund | USD 11.34 0.34 0.46% |
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Alger Emerging stands at 10.71, as last reported on the 30th of December, with the highest price reaching 10.71 and the lowest price hitting 10.71 during the day. Alger Emerging Markets secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the fund had a -0.15% return per unit of standard deviation over the last 3 months. Alger Emerging Markets exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger Emerging's risk adjusted performance of (0.12), and Mean Deviation of 0.5986 to double-check the risk estimate we provide.
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = -0.1468
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Estimated Market Risk
0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alger Emerging is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alger Emerging by adding Alger Emerging to a well-diversified portfolio.
Alger Emerging Valuation on December 11, 2024
It is possible to determine the worth of Alger Emerging on a given historical date. On December 11, 2024 Alger was worth 11.12 at the beginning of the trading date compared to the closed value of 11.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger Emerging mutual fund. Still, in general, we apply an absolute valuation method to find Alger Emerging's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alger Emerging where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger Emerging's related companies.
Open | High | Low | Close | Volume | |
11.05 | 11.05 | 11.05 | 11.05 | 1.00 | |
12/11/2024 | 11.12 | 11.12 | 11.12 | 11.12 | 1.00 |
11.02 | 11.02 | 11.02 | 11.02 | 1.00 |
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Alger Emerging Trading Date Momentum on December 11, 2024
On December 12 2024 Alger Emerging Markets was traded for 11.02 at the closing time. The highest daily price throughout the period was 11.02 and the lowest price was 11.02 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.90% . The overall trading delta to current closing price is 2.61% . |
Alger Emerging Markets Fundamentals Correlations and Trends
By evaluating Alger Emerging's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alger Emerging's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alger Emerging Mutual Fund history
Alger Emerging investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alger Emerging Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alger Emerging stock prices may prove useful in developing a viable investing in Alger Emerging
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. Alger Fds is traded on NASDAQ Exchange in the United States.
Alger Emerging Mutual Fund Technical Analysis
Alger Emerging technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Alger Emerging Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Alger Emerging Markets cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alger Emerging December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Alger Emerging mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alger Emerging shares will generate the highest return on investment. By undertsting and applying Alger Emerging mutual fund market strength indicators, traders can identify Alger Emerging Markets entry and exit signals to maximize returns
Alger Emerging Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger Emerging's price direction in advance. Along with the technical and fundamental analysis of Alger Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alger to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (0.40) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
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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