Alger Midcap Growth Fund Price History

ALMRX Fund  USD 25.73  0.12  0.46%   
Below is the normalized historical share price chart for Alger Midcap Growth extending back to October 29, 1996. 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 Midcap stands at 25.73, as last reported on the 15th of December 2024, with the highest price reaching 25.73 and the lowest price hitting 25.73 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. Alger Midcap appears to be very steady, given 3 months investment horizon. Alger Midcap Growth secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the fund had a 0.22% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Midcap Growth, which you can use to evaluate the volatility of the entity. Please makes use of Alger Midcap's risk adjusted performance of 0.1789, and Mean Deviation of 0.7747 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.

Sharpe Ratio = 0.2187

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsALMRX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.01
  actual daily
8
92% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Alger Midcap is performing at about 17% 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 Midcap by adding it to a well-diversified portfolio.

Alger Midcap Mutual Fund Price History Chart

There are several ways to analyze Alger Midcap Growth Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Midcap price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 6, 202426.66
Lowest PriceSeptember 20, 202422.8

Alger Midcap December 15, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Midcap's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Alger Mutual Fund. It can be used to describe the percentage change in the price of Alger Midcap from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Alger Mutual Fund.
Alger Midcap Price Rate Of Daily Change 1.00 
Alger Midcap Price Action Indicator(0.06)

Alger Midcap December 15, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Midcap Growth Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Alger Midcap intraday prices and daily technical indicators to check the level of noise trading in Alger Midcap Growth Fund and then apply it to test your longer-term investment strategies against Alger.

Alger Mutual Fund Price History Data

The price series of Alger Midcap for the period between Mon, Sep 16, 2024 and Sun, Dec 15, 2024 has a statistical range of 4.7 with a coefficient of variation of 5.37. The prices are distributed with arithmetic mean of 24.2. The median price for the last 90 days is 23.76. The company issued dividends on 12/18/2019.
OpenHighLowCloseVolume
12/15/2024
 25.73  25.73  25.73  25.73 
12/13/2024 25.73  25.73  25.73  25.73  1.00 
12/12/2024 25.85  25.85  25.85  25.85  1.00 
12/11/2024 25.98  25.98  25.98  25.98  1.00 
12/10/2024 25.61  25.61  25.61  25.61  1.00 
12/09/2024 26.11  26.11  26.11  26.11  1.00 
12/06/2024 26.66  26.66  26.66  26.66  1.00 
12/05/2024 26.38  26.38  26.38  26.38  1.00 
12/04/2024 26.58  26.58  26.58  26.58  1.00 
12/03/2024 26.16  26.16  26.16  26.16  1.00 
12/02/2024 25.97  25.97  25.97  25.97  1.00 
11/29/2024 26.00  26.00  26.00  26.00  1.00 
11/27/2024 25.91  25.91  25.91  25.91  1.00 
11/26/2024 26.08  26.08  26.08  26.08  1.00 
11/25/2024 26.14  26.14  26.14  26.14  1.00 
11/22/2024 25.93  25.93  25.93  25.93  1.00 
11/21/2024 25.61  25.61  25.61  25.61  1.00 
11/20/2024 25.25  25.25  25.25  25.25  1.00 
11/19/2024 25.11  25.11  25.11  25.11  1.00 
11/18/2024 24.65  24.65  24.65  24.65  1.00 
11/15/2024 24.49  24.49  24.49  24.49  1.00 
11/14/2024 24.95  24.95  24.95  24.95  1.00 
11/13/2024 25.27  25.27  25.27  25.27  1.00 
11/12/2024 25.11  25.11  25.11  25.11  1.00 
11/11/2024 25.19  25.19  25.19  25.19  1.00 
11/08/2024 25.17  25.17  25.17  25.17  1.00 
11/07/2024 25.01  25.01  25.01  25.01  1.00 
11/06/2024 24.44  24.44  24.44  24.44  1.00 
11/05/2024 23.76  23.76  23.76  23.76  1.00 
11/04/2024 23.29  23.29  23.29  23.29  1.00 
11/01/2024 23.29  23.29  23.29  23.29  1.00 
10/31/2024 23.24  23.24  23.24  23.24  1.00 
10/30/2024 23.69  23.69  23.69  23.69  1.00 
10/29/2024 23.75  23.75  23.75  23.75  1.00 
10/28/2024 23.64  23.64  23.64  23.64  1.00 
10/25/2024 23.55  23.55  23.55  23.55  1.00 
10/24/2024 23.56  23.56  23.56  23.56  1.00 
10/23/2024 23.44  23.44  23.44  23.44  1.00 
10/22/2024 23.70  23.70  23.70  23.70  1.00 
10/21/2024 23.85  23.85  23.85  23.85  1.00 
10/18/2024 23.96  23.96  23.96  23.96  1.00 
10/17/2024 23.85  23.85  23.85  23.85  1.00 
10/16/2024 23.80  23.80  23.80  23.80  1.00 
10/15/2024 23.69  23.69  23.69  23.69  1.00 
10/14/2024 23.87  23.87  23.87  23.87  1.00 
10/11/2024 23.73  23.73  23.73  23.73  1.00 
10/10/2024 23.42  23.42  23.42  23.42  1.00 
10/09/2024 23.43  23.43  23.43  23.43  1.00 
10/08/2024 23.18  23.18  23.18  23.18  1.00 
10/07/2024 22.97  22.97  22.97  22.97  1.00 
10/04/2024 23.16  23.16  23.16  23.16  1.00 
10/03/2024 22.91  22.91  22.91  22.91  1.00 
10/02/2024 23.01  23.01  23.01  23.01  1.00 
10/01/2024 22.91  22.91  22.91  22.91  1.00 
09/30/2024 23.07  23.07  23.07  23.07  1.00 
09/27/2024 22.98  22.98  22.98  22.98  1.00 
09/26/2024 23.05  23.05  23.05  23.05  1.00 
09/25/2024 22.99  22.99  22.99  22.99  1.00 
09/24/2024 23.06  23.06  23.06  23.06  1.00 
09/23/2024 22.90  22.90  22.90  22.90  1.00 
09/20/2024 22.80  22.80  22.80  22.80  1.00 

About Alger Midcap Mutual Fund history

Alger Midcap 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 Midcap Growth 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 Midcap stock prices may prove useful in developing a viable investing in Alger Midcap
The fund invests at least 80 percent of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the SP MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.

Alger Midcap Mutual Fund Technical Analysis

Alger Midcap 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.
A focus of Alger Midcap technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger Midcap 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...

Did you try this?

Run My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

Alger Midcap Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alger Midcap'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.

Other Information on Investing in Alger Mutual Fund

Alger Midcap 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 Midcap security.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities