Alger 35 Fund Price on October 29, 2024
| ATVPX Fund | USD 18.52 0.34 1.87% |
Below is the normalized historical share price chart for Alger 35 Fund extending back to April 02, 2018. 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 35 stands at 18.52, as last reported on the 12th of December 2024, with the highest price reaching 18.52 and the lowest price hitting 18.52 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 35 appears to be very steady, given 3 months investment horizon. Alger 35 Fund secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the fund had a 0.32% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger 35 Fund, which you can use to evaluate the volatility of the entity. Please makes use of Alger 35's mean deviation of 0.9097, and Risk Adjusted Performance of 0.267 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.
Alger |
Sharpe Ratio = 0.3194
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Alger 35 is performing at about 25% 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 35 by adding it to a well-diversified portfolio.
Alger 35 Valuation on October 29, 2024
It is possible to determine the worth of Alger 35 on a given historical date. On October 29, 2024 Alger was worth 16.09 at the beginning of the trading date compared to the closed value of 16.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger 35 mutual fund. Still, in general, we apply an absolute valuation method to find Alger 35'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 35 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger 35's related companies.
| Open | High | Low | Close | Volume | |
| 16.02 | 16.02 | 16.02 | 16.02 | 1.00 | |
10/29/2024 | 16.09 | 16.09 | 16.09 | 16.09 | 1.00 |
| 16.06 | 16.06 | 16.06 | 16.06 | 1.00 |
| Backtest Alger 35 | | | Alger 35 History | | | Alger 35 Valuation | Previous | Next |
Alger 35 Trading Date Momentum on October 29, 2024
| On October 30 2024 Alger 35 Fund was traded for 16.06 at the closing time. The highest daily price throughout the period was 16.06 and the lowest price was 16.06 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.19% . The overall trading delta to current closing price is 4.16% . |
Alger 35 Fund Fundamentals Correlations and Trends
By evaluating Alger 35'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 35'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 35 Mutual Fund history
Alger 35 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 35 Fund 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 35 stock prices may prove useful in developing a viable investing in Alger 35
Under normal circumstances, the fund invests in a 35-stock portfolio of equity securities of companies of any market capitalization that the manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks, or securities convertible into or exchangeable for equity securities, including warrants and rights. The fund may invest in companies whose securities are traded on domestic or foreign exchanges. It is non-diversified.
Alger 35 Mutual Fund Technical Analysis
Alger 35 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 35 Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Alger 35 Fund 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 35 December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Alger 35 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 35 shares will generate the highest return on investment. By undertsting and applying Alger 35 mutual fund market strength indicators, traders can identify Alger 35 Fund entry and exit signals to maximize returns
Alger 35 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger 35'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 | 0.267 | |||
| Jensen Alpha | 0.3437 | |||
| Total Risk Alpha | 0.2452 | |||
| Sortino Ratio | 0.2428 | |||
| Treynor Ratio | 0.5144 |
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| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Alger Mutual Fund
Alger 35 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 35 security.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators |