Alger Growth Income Fund Price History

ALBAX Fund  USD 79.23  0.13  0.16%   
Below is the normalized historical share price chart for Alger Growth Income extending back to June 23, 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 Growth stands at 79.23, as last reported on the 27th of December, with the highest price reaching 79.23 and the lowest price hitting 79.23 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 very steady. Alger Growth Income secures Sharpe Ratio (or Efficiency) of 0.0851, which signifies that the fund had a 0.0851% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alger Growth Income, which you can use to evaluate the volatility of the entity. Please confirm Alger Growth's mean deviation of 0.535, and Risk Adjusted Performance of 0.0692 to double-check if the risk estimate we provide is consistent with the expected return of 0.064%.
  
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0851

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashALBAXAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.75
  actual daily
6
94% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Alger Growth is performing at about 6% 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 Growth by adding it to a well-diversified portfolio.

Alger Growth Mutual Fund Price History Chart

There are several ways to analyze Alger Growth Income Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Growth 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 PriceDecember 16, 202479.89
Lowest PriceNovember 4, 202475.38

Alger Growth December 27, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Growth'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 Growth 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 Growth Price Rate Of Daily Change 1.00 
Alger Growth Price Action Indicator 0.07 

Alger Growth December 27, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Growth Income 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 Growth intraday prices and daily technical indicators to check the level of noise trading in Alger Growth Income 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 Growth for the period between Sat, Sep 28, 2024 and Fri, Dec 27, 2024 has a statistical range of 4.51 with a coefficient of variation of 1.51. The prices are distributed with arithmetic mean of 77.25. The median price for the last 90 days is 77.06. The company issued dividends on March 11, 2020.
OpenHighLowCloseVolume
12/26/2024 79.23  79.23  79.23  79.23  1.00 
12/24/2024 79.10  79.10  79.10  79.10  1.00 
12/23/2024 78.32  78.32  78.32  78.32  1.00 
12/20/2024 77.64  77.64  77.64  77.64  1.00 
12/19/2024 76.84  76.84  76.84  76.84  1.00 
12/18/2024 77.12  77.12  77.12  77.12  1.00 
12/17/2024 79.48  79.48  79.48  79.48  1.00 
12/16/2024 79.89  79.89  79.89  79.89  1.00 
12/13/2024 79.24  79.24  79.24  79.24  1.00 
12/12/2024 78.42  78.42  78.42  78.42  1.00 
12/11/2024 79.17  79.17  79.17  79.17  1.00 
12/10/2024 78.65  78.65  78.65  78.65  1.00 
12/09/2024 78.88  78.88  78.88  78.88  1.00 
12/06/2024 79.06  79.06  79.06  79.06  1.00 
12/05/2024 78.84  78.84  78.84  78.84  1.00 
12/04/2024 78.92  78.92  78.92  78.92  1.00 
12/03/2024 78.71  78.71  78.71  78.71  1.00 
12/02/2024 78.57  78.57  78.57  78.57  1.00 
11/29/2024 78.30  78.30  78.30  78.30  1.00 
11/27/2024 77.93  77.93  77.93  77.93  1.00 
11/26/2024 78.25  78.25  78.25  78.25  1.00 
11/25/2024 77.93  77.93  77.93  77.93  1.00 
11/22/2024 77.53  77.53  77.53  77.53  1.00 
11/21/2024 77.06  77.06  77.06  77.06  1.00 
11/20/2024 76.76  76.76  76.76  76.76  1.00 
11/19/2024 76.86  76.86  76.86  76.86  1.00 
11/18/2024 76.84  76.84  76.84  76.84  1.00 
11/15/2024 76.46  76.46  76.46  76.46  1.00 
11/14/2024 77.41  77.41  77.41  77.41  1.00 
11/13/2024 77.77  77.77  77.77  77.77  1.00 
11/12/2024 77.82  77.82  77.82  77.82  1.00 
11/11/2024 78.09  78.09  78.09  78.09  1.00 
11/08/2024 78.31  78.31  78.31  78.31  1.00 
11/07/2024 78.18  78.18  78.18  78.18  1.00 
11/06/2024 77.64  77.64  77.64  77.64  1.00 
11/05/2024 76.08  76.08  76.08  76.08  1.00 
11/04/2024 75.38  75.38  75.38  75.38  1.00 
11/01/2024 75.69  75.69  75.69  75.69  1.00 
10/31/2024 75.50  75.50  75.50  75.50  1.00 
10/30/2024 76.79  76.79  76.79  76.79  1.00 
10/29/2024 76.78  76.78  76.78  76.78  1.00 
10/28/2024 76.51  76.51  76.51  76.51  1.00 
10/25/2024 76.26  76.26  76.26  76.26  1.00 
10/24/2024 76.35  76.35  76.35  76.35  1.00 
10/23/2024 76.44  76.44  76.44  76.44  1.00 
10/22/2024 77.09  77.09  77.09  77.09  1.00 
10/21/2024 76.93  76.93  76.93  76.93  1.00 
10/18/2024 77.32  77.32  77.32  77.32  1.00 
10/17/2024 77.09  77.09  77.09  77.09  1.00 
10/16/2024 76.94  76.94  76.94  76.94  1.00 
10/15/2024 76.76  76.76  76.76  76.76  1.00 
10/14/2024 77.55  77.55  77.55  77.55  1.00 
10/11/2024 76.94  76.94  76.94  76.94  1.00 
10/10/2024 76.42  76.42  76.42  76.42  1.00 
10/09/2024 76.61  76.61  76.61  76.61  1.00 
10/08/2024 75.95  75.95  75.95  75.95  1.00 
10/07/2024 75.47  75.47  75.47  75.47  1.00 
10/04/2024 76.17  76.17  76.17  76.17  1.00 
10/03/2024 75.59  75.59  75.59  75.59  1.00 
10/02/2024 75.80  75.80  75.80  75.80  1.00 
10/01/2024 75.69  75.69  75.69  75.69  1.00 

About Alger Growth Mutual Fund history

Alger Growth 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 Growth Income 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 Growth stock prices may prove useful in developing a viable investing in Alger Growth
The advisor intends to invest at least 65 percent of its total assets in dividend paying equity securities. The fund may invest up to 35 percent of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. The advisor focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the SP 500 Index, as reported by the index as of the most recent quarter-end.

Alger Growth Mutual Fund Technical Analysis

Alger Growth 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 Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger Growth 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 Risk-Return Analysis Now

   

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume
All  Next Launch Module

Alger Growth Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alger Growth'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 Growth 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 Growth security.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges