Alger Smidcap Focus Fund Technical Analysis
| ASMZX Fund | USD 16.27 0.02 0.12% |
As of the 4th of December, Alger Smidcap shows the mean deviation of 0.9334, and Risk Adjusted Performance of 0.089. Alger Smidcap Focus technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
Alger Smidcap Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alger, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlgerAlger |
Alger Smidcap 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.
Alger Smidcap Focus Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alger Smidcap Focus volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alger Smidcap Focus Trend Analysis
Use this graph to draw trend lines for Alger Smidcap Focus. You can use it to identify possible trend reversals for Alger Smidcap as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alger Smidcap price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alger Smidcap Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alger Smidcap Focus applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Alger Smidcap Focus will continue generating value for investors. It has 122 observation points and a regression sum of squares at 30.47, which is the sum of squared deviations for the predicted Alger Smidcap price change compared to its average price change.About Alger Smidcap Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alger Smidcap Focus on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alger Smidcap Focus based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Alger Smidcap Focus price pattern first instead of the macroeconomic environment surrounding Alger Smidcap Focus. By analyzing Alger Smidcap's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alger Smidcap's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alger Smidcap specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alger Smidcap December 4, 2024 Technical Indicators
Most technical analysis of Alger help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alger from various momentum indicators to cycle indicators. When you analyze Alger charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.089 | |||
| Market Risk Adjusted Performance | 0.1042 | |||
| Mean Deviation | 0.9334 | |||
| Semi Deviation | 1.05 | |||
| Downside Deviation | 1.25 | |||
| Coefficient Of Variation | 897.52 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.63 | |||
| Information Ratio | 0.0227 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0232 | |||
| Treynor Ratio | 0.0942 | |||
| Maximum Drawdown | 6.79 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.92 | |||
| Downside Variance | 1.57 | |||
| Semi Variance | 1.09 | |||
| Expected Short fall | (0.97) | |||
| Skewness | 0.4975 | |||
| Kurtosis | 2.26 |
Other Information on Investing in Alger Mutual Fund
Alger Smidcap 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 Smidcap security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |