Alger Small Cap Fund Price on May 13, 2024
| AGOZX Fund | USD 21.78 0.15 0.68% |
Below is the normalized historical share price chart for Alger Small Cap extending back to December 29, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alger Small stands at 21.78, as last reported on the 14th of December 2024, with the highest price reaching 21.78 and the lowest price hitting 21.78 during the day.
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. Alger Small appears to be very steady, given 3 months investment horizon. Alger Small Cap secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alger Small Cap, which you can use to evaluate the volatility of the entity. Please makes use of Alger Small's mean deviation of 1.1, and Risk Adjusted Performance of 0.141 to double-check if our risk estimates are consistent with your expectations.
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = 0.1616
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Alger Small is performing at about 12% of its full potential. 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 Small by adding it to a well-diversified portfolio.
Alger Small Valuation on May 13, 2024
It is possible to determine the worth of Alger Small on a given historical date. On May 13, 2024 Alger was worth 18.81 at the beginning of the trading date compared to the closed value of 18.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger Small mutual fund. Still, in general, we apply an absolute valuation method to find Alger Small'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 Small where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger Small's related companies.
| Open | High | Low | Close | Volume | |
| 18.90 | 18.90 | 18.90 | 18.90 | 1.00 | |
05/13/2024 | 18.81 | 18.81 | 18.81 | 18.81 | 1.00 |
| 19.13 | 19.13 | 19.13 | 19.13 | 1.00 |
| Backtest Alger Small | | | Alger Small History | | | Alger Small Valuation | Previous | Next |
Alger Small Trading Date Momentum on May 13, 2024
| On May 14 2024 Alger Small Cap was traded for 19.13 at the closing time. The highest daily price throughout the period was 19.13 and the lowest price was 19.13 . There was no trading activity during the period 1.0. Lack of trading volume on 05/14/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.70% . The overall trading delta to current closing price is 0.96% . |
Alger Small Cap Fundamentals Correlations and Trends
By evaluating Alger Small'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 Small'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 Small Mutual Fund history
Alger Small 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 Small Cap 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 Small stock prices may prove useful in developing a viable investing in Alger Small
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It invests at least 25 percent of its total assets in technology companies focused in the fields of medicine and information.
Alger Small Mutual Fund Technical Analysis
Alger Small 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 Small Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Alger Small Cap 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 Small December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Alger Small 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 Small shares will generate the highest return on investment. By undertsting and applying Alger Small mutual fund market strength indicators, traders can identify Alger Small Cap entry and exit signals to maximize returns
Alger Small Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger Small'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 | 0.141 | |||
| Jensen Alpha | 0.1159 | |||
| Total Risk Alpha | 0.0795 | |||
| Sortino Ratio | 0.1393 | |||
| Treynor Ratio | 0.1653 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alger Mutual Fund
Alger Small 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 Small security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |