The Alger Etf Price on December 11, 2024

AWEG Etf   27.27  0.02  0.07%   
If you're considering investing in Alger Etf, it is important to understand the factors that can impact its price. As of today, the current price of Alger ETF stands at 27.27, as last reported on the 14th of December 2024, with the highest price reaching 27.27 and the lowest price hitting 27.27 during the day. At this point, Alger ETF is very steady. Alger ETF secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the etf had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for The Alger ETF, which you can use to evaluate the volatility of the entity. Please confirm Alger ETF's Mean Deviation of 0.854, risk adjusted performance of 0.1172, and Semi Deviation of 0.8124 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
  
Alger Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1386

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Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Alger ETF is performing at about 10% 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 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
9.8 K

Alger ETF Valuation on December 11, 2024

It is possible to determine the worth of Alger ETF on a given historical date. On December 11, 2024 Alger was worth 27.5 at the beginning of the trading date compared to the closed value of 27.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger ETF etf. Still, in general, we apply an absolute valuation method to find Alger ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger ETF's related companies.
 Open High Low Close Volume
  27.22    27.22    27.22    27.22    100.00  
12/11/2024
  27.50    27.50    27.50    27.50    100.00  
  27.29    27.29    27.29    27.29    1.00  
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Open Value
27.5
27.5
Closing Value
30.94
Upside

Alger ETF Trading Date Momentum on December 11, 2024

On December 12 2024 The Alger ETF was traded for  27.29  at the closing time. The top price for the day was 27.29  and the lowest listed price was  27.29 . There was no trading activity during the period 1.0. Lack of trading volume on December 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.76% . The trading price change against the current closing price is 0.84% .
JavaScript chart by amCharts 3.21.1512/11/2024DecDec 04Dec 06Dec 08Dec 10Dec 12Dec 1427.327.427.527.627.727.827.9

About Alger ETF Etf history

Alger ETF 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 ETF 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 ETF stock prices may prove useful in developing a viable investing in Alger ETF

Alger ETF Etf Technical Analysis

Alger ETF technical etf 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, etf market cycles, or different charting patterns.
A focus of Alger ETF technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger ETF trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Alger ETF Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

The Alger ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 ETF December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Alger ETF etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alger ETF shares will generate the highest return on investment. By undertsting and applying Alger ETF etf market strength indicators, traders can identify The Alger ETF entry and exit signals to maximize returns

Alger ETF Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alger ETF's price direction in advance. Along with the technical and fundamental analysis of Alger Etf 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.
When determining whether Alger ETF is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alger Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about The Alger Etf. Highlighted below are key reports to facilitate an investment decision about The Alger Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Alger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Alger ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger ETF's value that differs from its market value or its book value, called intrinsic value, which is Alger ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger ETF's market value can be influenced by many factors that don't directly affect Alger ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.