Alger Concentrated Equity Fund Price History

CNEYX Fund   12.81  0.13  1.00%   
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 Concentrated stands at 12.81, as last reported on the 29th of November, with the highest price reaching 12.81 and the lowest price hitting 12.81 during the day. Alger Concentrated appears to be very steady, given 3 months investment horizon. Alger Concentrated Equity secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Concentrated Equity, which you can use to evaluate the volatility of the entity. Please makes use of Alger Concentrated's mean deviation of 0.9073, and Risk Adjusted Performance of 0.1375 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 = 0.2519

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Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Alger Concentrated is performing at about 19% 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 Concentrated by adding it to a well-diversified portfolio.

Alger Concentrated Mutual Fund Price History Chart

There are several ways to analyze Alger Concentrated Equity Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Concentrated 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 PriceNovember 26, 202412.94
Lowest PriceSeptember 6, 202410.41

Alger Concentrated November 29, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Concentrated'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 Concentrated 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 Concentrated Price Rate Of Daily Change 0.99 
Alger Concentrated Price Action Indicator(0.06)

Alger Concentrated November 29, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Concentrated Equity 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 Concentrated intraday prices and daily technical indicators to check the level of noise trading in Alger Concentrated Equity 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 Concentrated for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 2.53 with a coefficient of variation of 5.65. The prices are distributed with arithmetic mean of 11.86. The median price for the last 90 days is 11.92.
OpenHighLowCloseVolume
11/29/2024
 12.81  12.81  12.81  12.81 
11/27/2024 12.81  12.81  12.81  12.81  1.00 
11/26/2024 12.94  12.94  12.94  12.94  1.00 
11/25/2024 12.80  12.80  12.80  12.80  1.00 
11/22/2024 12.86  12.86  12.86  12.86  1.00 
11/21/2024 12.89  12.89  12.89  12.89  1.00 
11/20/2024 12.85  12.85  12.85  12.85  1.00 
11/19/2024 12.83  12.83  12.83  12.83  1.00 
11/18/2024 12.55  12.55  12.55  12.55  1.00 
11/15/2024 12.46  12.46  12.46  12.46  1.00 
11/14/2024 12.72  12.72  12.72  12.72  1.00 
11/13/2024 12.80  12.80  12.80  12.80  1.00 
11/12/2024 12.76  12.76  12.76  12.76  1.00 
11/11/2024 12.73  12.73  12.73  12.73  1.00 
11/08/2024 12.81  12.81  12.81  12.81  1.00 
11/07/2024 12.70  12.70  12.70  12.70  1.00 
11/06/2024 12.36  12.36  12.36  12.36  1.00 
11/05/2024 12.10  12.10  12.10  12.10  1.00 
11/04/2024 11.85  11.85  11.85  11.85  1.00 
11/01/2024 11.94  11.94  11.94  11.94  1.00 
10/31/2024 11.85  11.85  11.85  11.85  1.00 
10/30/2024 12.21  12.21  12.21  12.21  1.00 
10/29/2024 12.26  12.26  12.26  12.26  1.00 
10/28/2024 12.12  12.12  12.12  12.12  1.00 
10/25/2024 12.12  12.12  12.12  12.12  1.00 
10/24/2024 12.05  12.05  12.05  12.05  1.00 
10/23/2024 12.01  12.01  12.01  12.01  1.00 
10/22/2024 12.20  12.20  12.20  12.20  1.00 
10/21/2024 12.21  12.21  12.21  12.21  1.00 
10/18/2024 12.10  12.10  12.10  12.10  1.00 
10/17/2024 12.03  12.03  12.03  12.03  1.00 
10/16/2024 11.96  11.96  11.96  11.96  1.00 
10/15/2024 11.89  11.89  11.89  11.89  1.00 
10/14/2024 12.08  12.08  12.08  12.08  1.00 
10/11/2024 11.99  11.99  11.99  11.99  1.00 
10/10/2024 11.93  11.93  11.93  11.93  1.00 
10/09/2024 11.92  11.92  11.92  11.92  1.00 
10/08/2024 11.85  11.85  11.85  11.85  1.00 
10/07/2024 11.65  11.65  11.65  11.65  1.00 
10/04/2024 11.76  11.76  11.76  11.76  1.00 
10/03/2024 11.60  11.60  11.60  11.60  1.00 
10/02/2024 11.55  11.55  11.55  11.55  1.00 
10/01/2024 11.51  11.51  11.51  11.51  1.00 
09/30/2024 11.67  11.67  11.67  11.67  1.00 
09/27/2024 11.62  11.62  11.62  11.62  1.00 
09/26/2024 11.74  11.74  11.74  11.74  1.00 
09/25/2024 11.72  11.72  11.72  11.72  1.00 
09/24/2024 11.65  11.65  11.65  11.65  1.00 
09/23/2024 11.58  11.58  11.58  11.58  1.00 
09/20/2024 11.54  11.54  11.54  11.54  1.00 
09/19/2024 11.50  11.50  11.50  11.50  1.00 
09/18/2024 11.21  11.21  11.21  11.21  1.00 
09/17/2024 11.26  11.26  11.26  11.26  1.00 
09/16/2024 11.24  11.24  11.24  11.24  1.00 
09/13/2024 11.26  11.26  11.26  11.26  1.00 
09/12/2024 11.19  11.19  11.19  11.19  1.00 
09/11/2024 11.03  11.03  11.03  11.03  1.00 
09/10/2024 10.68  10.68  10.68  10.68  1.00 
09/09/2024 10.57  10.57  10.57  10.57  1.00 
09/06/2024 10.41  10.41  10.41  10.41  1.00 
09/05/2024 10.69  10.69  10.69  10.69  1.00 

About Alger Concentrated Mutual Fund history

Alger Concentrated 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 Concentrated Equity 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 Concentrated stock prices may prove useful in developing a viable investing in Alger Concentrated
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of large-cap companies that the manager believes demonstrate promising growth potential. The fund is non-diversified.

Alger Concentrated Mutual Fund Technical Analysis

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

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Alger Concentrated Technical and Predictive Indicators

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