Alger Mid Cap Fund Price History

AFOIX Fund  USD 18.81  0.09  0.48%   
Below is the normalized historical share price chart for Alger Mid Cap extending back to June 17, 2019. 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 Mid stands at 18.81, as last reported on the 2nd of December, with the highest price reaching 18.81 and the lowest price hitting 18.81 during the day.
 
Covid
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. Alger Mid appears to be very steady, given 3 months investment horizon. Alger Mid Cap secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the fund had a 0.36% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alger Mid Cap, which you can use to evaluate the volatility of the entity. Please makes use of Alger Mid's risk adjusted performance of 0.2221, and Mean Deviation of 0.8639 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.

Sharpe Ratio = 0.3564

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsAFOIX
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.08
  actual daily
9
91% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.36
  actual daily
28
72% of assets perform better
Based on monthly moving average Alger Mid is performing at about 28% 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 Mid by adding it to a well-diversified portfolio.

Alger Mid Mutual Fund Price History Chart

There are several ways to analyze Alger Mid Cap Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Mid price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 26, 202418.89
Lowest PriceSeptember 6, 202414.41

Alger Mid December 2, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Mid's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Alger Mutual Fund. It can be used to describe the percentage change in the price of Alger Mid from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Alger Mutual Fund.
Alger Mid Price Action Indicator 0.04 
Alger Mid Price Rate Of Daily Change 1.00 

Alger Mid December 2, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Mid Cap Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Alger Mid intraday prices and daily technical indicators to check the level of noise trading in Alger Mid Cap Fund and then apply it to test your longer-term investment strategies against Alger.

Alger Mutual Fund Price History Data

The price series of Alger Mid for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 4.48 with a coefficient of variation of 7.05. The prices are distributed with arithmetic mean of 16.52. The median price for the last 90 days is 16.34.
OpenHighLowCloseVolume
12/02/2024
 18.81  18.81  18.81  18.81 
11/29/2024 18.81  18.81  18.81  18.81  1.00 
11/27/2024 18.72  18.72  18.72  18.72  1.00 
11/26/2024 18.89  18.89  18.89  18.89  1.00 
11/25/2024 18.84  18.84  18.84  18.84  1.00 
11/22/2024 18.77  18.77  18.77  18.77  1.00 
11/21/2024 18.49  18.49  18.49  18.49  1.00 
11/20/2024 18.23  18.23  18.23  18.23  1.00 
11/19/2024 18.13  18.13  18.13  18.13  1.00 
11/18/2024 17.76  17.76  17.76  17.76  1.00 
11/15/2024 17.62  17.62  17.62  17.62  1.00 
11/14/2024 17.87  17.87  17.87  17.87  1.00 
11/13/2024 18.08  18.08  18.08  18.08  1.00 
11/12/2024 17.95  17.95  17.95  17.95  1.00 
11/11/2024 18.05  18.05  18.05  18.05  1.00 
11/08/2024 17.92  17.92  17.92  17.92  1.00 
11/07/2024 17.54  17.54  17.54  17.54  1.00 
11/06/2024 17.16  17.16  17.16  17.16  1.00 
11/05/2024 16.66  16.66  16.66  16.66  1.00 
11/04/2024 16.25  16.25  16.25  16.25  1.00 
11/01/2024 16.34  16.34  16.34  16.34  1.00 
10/31/2024 16.31  16.31  16.31  16.31  1.00 
10/30/2024 16.71  16.71  16.71  16.71  1.00 
10/29/2024 16.78  16.78  16.78  16.78  1.00 
10/28/2024 16.70  16.70  16.70  16.70  1.00 
10/25/2024 16.58  16.58  16.58  16.58  1.00 
10/24/2024 16.49  16.49  16.49  16.49  1.00 
10/23/2024 16.37  16.37  16.37  16.37  1.00 
10/22/2024 16.56  16.56  16.56  16.56  1.00 
10/21/2024 16.69  16.69  16.69  16.69  1.00 
10/18/2024 16.70  16.70  16.70  16.70  1.00 
10/17/2024 16.60  16.60  16.60  16.60  1.00 
10/16/2024 16.66  16.66  16.66  16.66  1.00 
10/15/2024 16.55  16.55  16.55  16.55  1.00 
10/14/2024 16.77  16.77  16.77  16.77  1.00 
10/11/2024 16.64  16.64  16.64  16.64  1.00 
10/10/2024 16.34  16.34  16.34  16.34  1.00 
10/09/2024 16.32  16.32  16.32  16.32  1.00 
10/08/2024 16.25  16.25  16.25  16.25  1.00 
10/07/2024 16.12  16.12  16.12  16.12  1.00 
10/04/2024 16.26  16.26  16.26  16.26  1.00 
10/03/2024 16.02  16.02  16.02  16.02  1.00 
10/02/2024 16.02  16.02  16.02  16.02  1.00 
10/01/2024 15.89  15.89  15.89  15.89  1.00 
09/30/2024 16.03  16.03  16.03  16.03  1.00 
09/27/2024 15.97  15.97  15.97  15.97  1.00 
09/26/2024 16.04  16.04  16.04  16.04  1.00 
09/25/2024 16.05  16.05  16.05  16.05  1.00 
09/24/2024 16.05  16.05  16.05  16.05  1.00 
09/23/2024 15.99  15.99  15.99  15.99  1.00 
09/20/2024 15.96  15.96  15.96  15.96  1.00 
09/19/2024 15.87  15.87  15.87  15.87  1.00 
09/18/2024 15.52  15.52  15.52  15.52  1.00 
09/17/2024 15.54  15.54  15.54  15.54  1.00 
09/16/2024 15.51  15.51  15.51  15.51  1.00 
09/13/2024 15.39  15.39  15.39  15.39  1.00 
09/12/2024 15.23  15.23  15.23  15.23  1.00 
09/11/2024 15.06  15.06  15.06  15.06  1.00 
09/10/2024 14.73  14.73  14.73  14.73  1.00 
09/09/2024 14.66  14.66  14.66  14.66  1.00 
09/06/2024 14.41  14.41  14.41  14.41  1.00 

About Alger Mid Mutual Fund history

Alger Mid 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 Mid Cap 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 Mid stock prices may prove useful in developing a viable investing in Alger Mid
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. In addition, under normal market conditions, it invests at least 25 percent of its total assets in companies in the following group of industries Health Care Equipment Supplies, Health Care Technology, Biotechnology, Life Sciences Tools Services, andor Software, as defined by third party sources. The fund may have 25 percent or more of its total assets invested in any one of these industries. It is non-diversified.

Alger Mid Mutual Fund Technical Analysis

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

Did you try this?

Run Portfolio Comparator Now

   

Portfolio Comparator

Compare the composition, asset allocations and performance of any two portfolios in your account
All  Next Launch Module

Alger Mid Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alger Mid'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 Mid 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 Mid security.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Technical Analysis
Check basic technical indicators and analysis based on most latest market data