Alger Smallcap Growth Fund Price on November 5, 2024
| AGSCX Fund | USD 6.94 0.06 0.87% |
Below is the normalized historical share price chart for Alger Smallcap Growth extending back to August 08, 1997. 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 Smallcap stands at 6.94, as last reported on the 12th of December 2024, with the highest price reaching 6.94 and the lowest price hitting 6.94 during the day.
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 not too volatile. Alger Smallcap Growth secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the fund had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Smallcap Growth, which you can use to evaluate the volatility of the entity. Please confirm Alger Smallcap's risk adjusted performance of 0.1363, and Mean Deviation of 0.9938 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = 0.1389
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AGSCX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 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 Smallcap 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 Smallcap by adding it to a well-diversified portfolio.
Alger Smallcap Valuation on November 5, 2024
It is possible to determine the worth of Alger Smallcap on a given historical date. On November 5, 2024 Alger was worth 6.43 at the beginning of the trading date compared to the closed value of 6.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger Smallcap mutual fund. Still, in general, we apply an absolute valuation method to find Alger Smallcap'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 Smallcap where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger Smallcap's related companies.
| Open | High | Low | Close | Volume | |
| 6.30 | 6.30 | 6.30 | 6.30 | 1.00 | |
11/05/2024 | 6.43 | 6.43 | 6.43 | 6.43 | 1.00 |
| 6.72 | 6.72 | 6.72 | 6.72 | 1.00 |
| Backtest Alger Smallcap | | | Alger Smallcap History | | | Alger Smallcap Valuation | Previous | Next |
Alger Smallcap Trading Date Momentum on November 5, 2024
| On November 06 2024 Alger Smallcap Growth was traded for 6.72 at the closing time. The highest daily price throughout the period was 6.72 and the lowest price was 6.72 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 4.51% . The overall trading delta to current closing price is 0.16% . |
Alger Smallcap Growth Fundamentals Correlations and Trends
By evaluating Alger Smallcap'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 Smallcap'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 Smallcap Mutual Fund history
Alger Smallcap 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 Smallcap 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 Smallcap stock prices may prove useful in developing a viable investing in Alger Smallcap
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have a total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care and consumer discretionary sectors.
Alger Smallcap Mutual Fund Technical Analysis
Alger Smallcap 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.
Price Boundaries
Alger Smallcap Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Alger Smallcap Growth 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 Smallcap December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Alger Smallcap 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 Smallcap shares will generate the highest return on investment. By undertsting and applying Alger Smallcap mutual fund market strength indicators, traders can identify Alger Smallcap Growth entry and exit signals to maximize returns
Alger Smallcap Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger Smallcap'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.
| Risk Adjusted Performance | 0.1363 | |||
| Jensen Alpha | 0.0579 | |||
| Total Risk Alpha | 0.0209 | |||
| Sortino Ratio | 0.0883 | |||
| Treynor Ratio | 0.1544 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alger Mutual Fund
Alger Smallcap 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 Smallcap security.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stocks Directory Find actively traded stocks across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |