Alger Smid Cap Fund Technical Analysis
| AAMOXDelisted Fund | USD 1.27 0.00 0.00% |
As of the 23rd of April, Alger Smid shows the mean deviation of 0.7703, and Risk Adjusted Performance of (0.07). Alger Smid Cap 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. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Alger Smid Cap, which can be compared to its peers. Please confirm Alger Smid Cap mean deviation and maximum drawdown to decide if Alger Smid Cap is priced correctly, providing market reflects its regular price of 1.27 per share.
Alger Smid 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 Smid 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 Smid Cap Technical Analysis
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Alger Smid Cap Trend Analysis
Use this graph to draw trend lines for Alger Smid Cap. You can use it to identify possible trend reversals for Alger Smid 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 Smid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alger Smid Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alger Smid Cap applied against its price change over selected period. The best fit line has a slop of 0.0026 , which may suggest that Alger Smid Cap market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.26, which is the sum of squared deviations for the predicted Alger Smid price change compared to its average price change.About Alger Smid 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 Smid Cap 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 Smid Cap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Alger Smid Cap price pattern first instead of the macroeconomic environment surrounding Alger Smid Cap. By analyzing Alger Smid'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 Smid'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 Smid specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alger Smid April 23, 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 | (0.07) | |||
| Market Risk Adjusted Performance | 0.3362 | |||
| Mean Deviation | 0.7703 | |||
| Coefficient Of Variation | (788.49) | |||
| Standard Deviation | 0.9562 | |||
| Variance | 0.9143 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.3262 | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.48 | |||
| Skewness | 0.019 | |||
| Kurtosis | (0.32) |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Alger Mutual Fund
If you are still planning to invest in Alger Smid Cap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alger Smid's history and understand the potential risks before investing.
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