Alger International Growth Fund Price on December 11, 2024
| ALCZX Fund | USD 19.94 0.04 0.20% |
Below is the normalized historical share price chart for Alger International Growth extending back to December 29, 2010. 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 International stands at 19.94, as last reported on the 14th of December 2024, with the highest price reaching 19.94 and the lowest price hitting 19.94 during the day.
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. Alger International secures Sharpe Ratio (or Efficiency) of -0.0911, which signifies that the fund had a -0.0911% return per unit of standard deviation over the last 3 months. Alger International Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger International's risk adjusted performance of (0.06), and Mean Deviation of 0.6116 to double-check the risk estimate we provide.
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = -0.0911
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| Negative Returns | ALCZX |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alger International is not performing at its full potential. However, 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 International by adding Alger International to a well-diversified portfolio.
Alger International Valuation on December 11, 2024
It is possible to determine the worth of Alger International on a given historical date. On December 11, 2024 Alger was worth 21.11 at the beginning of the trading date compared to the closed value of 21.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger International mutual fund. Still, in general, we apply an absolute valuation method to find Alger International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger International's related companies.
| Open | High | Low | Close | Volume | |
| 20.93 | 20.93 | 20.93 | 20.93 | 1.00 | |
12/11/2024 | 21.11 | 21.11 | 21.11 | 21.11 | 1.00 |
| 19.98 | 19.98 | 19.98 | 19.98 | 1.00 |
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Alger International Trading Date Momentum on December 11, 2024
| On December 12 2024 Alger International Growth was traded for 19.98 at the closing time. The highest daily price throughout the period was 19.98 and the lowest price was 19.98 . There was no trading activity during the period 1.0. Lack of trading volume on 12/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.35% . The overall trading delta to current closing price is 5.54% . |
Alger International Fundamentals Correlations and Trends
By evaluating Alger International'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 International'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 International Mutual Fund history
Alger International 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 International 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 International stock prices may prove useful in developing a viable investing in Alger International
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of foreign companies. It generally invests in at least three foreign countries, and, at times, may invest a substantial portion of its assets in a single foreign country.
Alger International Mutual Fund Technical Analysis
Alger International 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 International Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Alger International 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 International December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Alger International 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 International shares will generate the highest return on investment. By undertsting and applying Alger International mutual fund market strength indicators, traders can identify Alger International Growth entry and exit signals to maximize returns
Alger International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger International'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 | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.17) |
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| Volume Indicators |
Other Information on Investing in Alger Mutual Fund
Alger International 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 International security.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |