Alger Balanced Portfolio Fund Price on November 14, 2023

ABLOX Fund  USD 22.47  0.06  0.27%   
Below is the normalized historical share price chart for Alger Balanced Portfolio extending back to May 07, 2002. 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 Balanced stands at 22.47, as last reported on the 4th of December, with the highest price reaching 22.47 and the lowest price hitting 22.47 during the day.
 
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. At this stage we consider Alger Mutual Fund to be very steady. Alger Balanced Portfolio secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the fund had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Balanced Portfolio, which you can use to evaluate the volatility of the entity. Please confirm Alger Balanced's risk adjusted performance of 0.0723, and Mean Deviation of 0.3989 to double-check if the risk estimate we provide is consistent with the expected return of 0.0858%.
  
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1674

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Estimated Market Risk

 0.51
  actual daily
4
96% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Alger Balanced is performing at about 13% 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 Balanced by adding it to a well-diversified portfolio.

Alger Balanced Valuation on November 14, 2023

It is possible to determine the worth of Alger Balanced on a given historical date. On November 14, 2023 Alger was worth 18.14 at the beginning of the trading date compared to the closed value of 18.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Alger Balanced'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 Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger Balanced's related companies.
 Open High Low Close Volume
  17.91    17.91    17.91    17.91    1.00  
11/14/2023
  18.14    18.14    18.14    18.14    1.00  
  18.15    18.15    18.15    18.15    1.00  
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Open Value
18.14
18.14
Closing Value
19.68
Upside

Alger Balanced Trading Date Momentum on November 14, 2023

On November 15 2023 Alger Balanced Portfolio was traded for  18.15  at the closing time. The highest daily price throughout the period was 18.15  and the lowest price was  18.15 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.06% . The overall trading delta to current closing price is 1.05% .

Alger Balanced Portfolio Fundamentals Correlations and Trends

By evaluating Alger Balanced'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 Balanced'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 Balanced Mutual Fund history

Alger Balanced 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 Balanced Portfolio 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 Balanced stock prices may prove useful in developing a viable investing in Alger Balanced
The manager focuses on stocks of companies that the advisor believes demonstrate growth potential and on fixed-income securities, with emphasis on income-producing securities that appear to have potential for capital appreciation. It normally will invest at least 25 percent of its net assets in fixed-income securities and at least 25 percent of its net assets in equity securities. The fund also may invest up to 10 percent of its net assets in lower-rated securities, rated B or better by any one of those rating agencies.

Alger Balanced Mutual Fund Technical Analysis

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

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Alger Balanced Portfolio 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 Balanced December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Alger Balanced 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 Balanced shares will generate the highest return on investment. By undertsting and applying Alger Balanced mutual fund market strength indicators, traders can identify Alger Balanced Portfolio entry and exit signals to maximize returns

Alger Balanced Technical and Predictive Indicators

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