Alger Spectra Fund Price History

SPECX Fund  USD 30.85  0.38  1.25%   
Below is the normalized historical share price chart for Alger Spectra Fund extending back to December 18, 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 Spectra stands at 30.85, as last reported on the 3rd of December, with the highest price reaching 30.85 and the lowest price hitting 30.85 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 Spectra appears to be very steady, given 3 months investment horizon. Alger Spectra secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the fund had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Spectra Fund, which you can use to evaluate the volatility of the entity. Please makes use of Alger Spectra's risk adjusted performance of 0.1691, and Mean Deviation of 0.8604 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 = 0.2875

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Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
22
78% of assets perform better
Based on monthly moving average Alger Spectra is performing at about 22% 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 Spectra by adding it to a well-diversified portfolio.

Alger Spectra Mutual Fund Price History Chart

There are several ways to analyze Alger Spectra Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Spectra 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 3, 202430.85
Lowest PriceSeptember 9, 202424.82

Alger Spectra December 3, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Spectra'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 Spectra 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 Spectra Price Rate Of Daily Change 1.01 
Alger Spectra Price Action Indicator 0.19 

Alger Spectra December 3, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Spectra 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 Spectra intraday prices and daily technical indicators to check the level of noise trading in Alger Spectra 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 Spectra for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 has a statistical range of 6.02 with a coefficient of variation of 5.53. The price distribution for the period has arithmetic mean of 27.75. The median price for the last 90 days is 27.68. The company had dividends distributed to its stock-holders on 12/18/2019.
OpenHighLowCloseVolume
12/03/2024 30.85  30.85  30.85  30.85  1.00 
12/02/2024 30.47  30.47  30.47  30.47  1.00 
11/29/2024 30.19  30.19  30.19  30.19  1.00 
11/27/2024 29.91  29.91  29.91  29.91  1.00 
11/26/2024 30.23  30.23  30.23  30.23  1.00 
11/25/2024 29.91  29.91  29.91  29.91  1.00 
11/22/2024 30.00  30.00  30.00  30.00  1.00 
11/21/2024 30.03  30.03  30.03  30.03  1.00 
11/20/2024 29.90  29.90  29.90  29.90  1.00 
11/19/2024 29.88  29.88  29.88  29.88  1.00 
11/18/2024 29.20  29.20  29.20  29.20  1.00 
11/15/2024 28.99  28.99  28.99  28.99  1.00 
11/14/2024 29.65  29.65  29.65  29.65  1.00 
11/13/2024 29.87  29.87  29.87  29.87  1.00 
11/12/2024 29.74  29.74  29.74  29.74  1.00 
11/11/2024 29.61  29.61  29.61  29.61  1.00 
11/08/2024 29.69  29.69  29.69  29.69  1.00 
11/07/2024 29.50  29.50  29.50  29.50  1.00 
11/06/2024 28.77  28.77  28.77  28.77  1.00 
11/05/2024 28.14  28.14  28.14  28.14  1.00 
11/04/2024 27.53  27.53  27.53  27.53  1.00 
11/01/2024 27.68  27.68  27.68  27.68  1.00 
10/31/2024 27.48  27.48  27.48  27.48  1.00 
10/30/2024 28.32  28.32  28.32  28.32  1.00 
10/29/2024 28.42  28.42  28.42  28.42  1.00 
10/28/2024 28.13  28.13  28.13  28.13  1.00 
10/25/2024 28.11  28.11  28.11  28.11  1.00 
10/24/2024 27.92  27.92  27.92  27.92  1.00 
10/23/2024 27.79  27.79  27.79  27.79  1.00 
10/22/2024 28.24  28.24  28.24  28.24  1.00 
10/21/2024 28.22  28.22  28.22  28.22  1.00 
10/18/2024 28.03  28.03  28.03  28.03  1.00 
10/17/2024 27.86  27.86  27.86  27.86  1.00 
10/16/2024 27.75  27.75  27.75  27.75  1.00 
10/15/2024 27.62  27.62  27.62  27.62  1.00 
10/14/2024 28.00  28.00  28.00  28.00  1.00 
10/11/2024 27.84  27.84  27.84  27.84  1.00 
10/10/2024 27.66  27.66  27.66  27.66  1.00 
10/09/2024 27.63  27.63  27.63  27.63  1.00 
10/08/2024 27.47  27.47  27.47  27.47  1.00 
10/07/2024 27.00  27.00  27.00  27.00  1.00 
10/04/2024 27.29  27.29  27.29  27.29  1.00 
10/03/2024 26.91  26.91  26.91  26.91  1.00 
10/02/2024 26.84  26.84  26.84  26.84  1.00 
10/01/2024 26.78  26.78  26.78  26.78  1.00 
09/30/2024 27.12  27.12  27.12  27.12  1.00 
09/27/2024 27.02  27.02  27.02  27.02  1.00 
09/26/2024 27.28  27.28  27.28  27.28  1.00 
09/25/2024 27.30  27.30  27.30  27.30  1.00 
09/24/2024 27.15  27.15  27.15  27.15  1.00 
09/23/2024 27.02  27.02  27.02  27.02  1.00 
09/20/2024 26.96  26.96  26.96  26.96  1.00 
09/19/2024 26.92  26.92  26.92  26.92  1.00 
09/18/2024 26.25  26.25  26.25  26.25  1.00 
09/17/2024 26.37  26.37  26.37  26.37  1.00 
09/16/2024 26.31  26.31  26.31  26.31  1.00 
09/13/2024 26.33  26.33  26.33  26.33  1.00 
09/12/2024 26.22  26.22  26.22  26.22  1.00 
09/11/2024 25.86  25.86  25.86  25.86  1.00 
09/10/2024 25.10  25.10  25.10  25.10  1.00 
09/09/2024 24.82  24.82  24.82  24.82  1.00 

About Alger Spectra Mutual Fund history

Alger Spectra 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 Spectra 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 Spectra stock prices may prove useful in developing a viable investing in Alger Spectra
The fund invests primarily in the equity securities of companies of any size that the manager believes demonstrate promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, and healthcare sectors.

Alger Spectra Mutual Fund Technical Analysis

Alger Spectra 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 Spectra technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger Spectra 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 Spectra Technical and Predictive Indicators

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