Alger Capital Total Risk Alpha

ALCFX Fund  USD 73.64  1.17  1.61%   
Alger Capital total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Alger Capital Appreciation or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Alger Capital Appreciation has current Total Risk Alpha of 0.1105. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.1105
ER[a] = Expected return on investing in Alger Capital
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Alger Capital
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Alger Capital Total Risk Alpha Peers Comparison

Alger Total Risk Alpha Relative To Other Indicators

Alger Capital Appreciation is third largest fund in total risk alpha among similar funds. It is the top fund in maximum drawdown among similar funds reporting about  54.28  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Alger Capital Appreciation is roughly  54.28 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Alger Capital to Peers

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