Alger Midcap Growth Fund Price History

AMGAX Fund  USD 13.36  0.11  0.83%   
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Alger Midcap stands at 13.36, as last reported on the 23rd of April, with the highest price reaching 13.36 and the lowest price hitting 13.36 during the day. We consider Alger Midcap very steady. Alger Midcap Growth secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the fund had a 0.0617% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alger Midcap Growth, which you can use to evaluate the volatility of the entity. Please confirm Alger Midcap's risk adjusted performance of 0.0421, and Mean Deviation of 0.7973 to double-check if the risk estimate we provide is consistent with the expected return of 0.0644%.
  
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0617

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Estimated Market Risk

 1.04
  actual daily
9
91% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Alger Midcap is performing at about 4% 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 Midcap by adding it to a well-diversified portfolio.

Alger Midcap Mutual Fund Price History Chart

There are several ways to analyze Alger Midcap Growth Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Midcap 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 PriceMarch 21, 202414.32
Lowest PriceJanuary 26, 202412.94

Alger Midcap April 23, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Midcap'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 Midcap 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 Midcap Price Rate Of Daily Change 1.01 
Alger Midcap Price Action Indicator 0.05 

Alger Midcap April 23, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Midcap Growth 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 Midcap intraday prices and daily technical indicators to check the level of noise trading in Alger Midcap Growth 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 Midcap for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 1.44 with a coefficient of variation of 3.01. The prices are distributed with arithmetic mean of 13.78. The median price for the last 90 days is 13.93. The company issued dividends on 12/18/2019.
OpenHighLowCloseVolume
04/23/2024
 13.36  13.36  13.36  13.36 
04/22/2024 13.36  13.36  13.36  13.36  1.00 
04/19/2024 13.25  13.25  13.25  13.25  1.00 
04/18/2024 13.42  13.42  13.42  13.42  1.00 
04/17/2024 13.51  13.51  13.51  13.51  1.00 
04/16/2024 13.66  13.66  13.66  13.66  1.00 
04/15/2024 13.65  13.65  13.65  13.65  1.00 
04/12/2024 14.13  14.13  14.13  14.13  1.00 
04/11/2024 14.13  14.13  14.13  14.13  1.00 
04/10/2024 14.06  14.06  14.06  14.06  1.00 
04/09/2024 14.27  14.27  14.27  14.27  1.00 
04/08/2024 14.23  14.23  14.23  14.23  1.00 
04/05/2024 14.21  14.21  14.21  14.21  1.00 
04/04/2024 13.97  13.97  13.97  13.97  1.00 
04/03/2024 14.14  14.14  14.14  14.14  1.00 
04/02/2024 14.05  14.05  14.05  14.05  1.00 
04/01/2024 14.23  14.23  14.23  14.23  1.00 
03/28/2024 14.31  14.31  14.31  14.31  1.00 
03/27/2024 14.32  14.32  14.32  14.32  1.00 
03/26/2024 14.24  14.24  14.24  14.24  1.00 
03/25/2024 14.20  14.20  14.20  14.20  1.00 
03/22/2024 14.27  14.27  14.27  14.27  1.00 
03/21/2024 14.32  14.32  14.32  14.32  1.00 
03/20/2024 14.23  14.23  14.23  14.23  1.00 
03/19/2024 14.05  14.05  14.05  14.05  1.00 
03/18/2024 13.97  13.97  13.97  13.97  1.00 
03/15/2024 13.94  13.94  13.94  13.94  1.00 
03/14/2024 14.00  14.00  14.00  14.00  1.00 
03/13/2024 14.10  14.10  14.10  14.10  1.00 
03/12/2024 14.11  14.11  14.11  14.11  1.00 
03/11/2024 13.93  13.93  13.93  13.93  1.00 
03/08/2024 14.04  14.04  14.04  14.04  1.00 
03/07/2024 14.25  14.25  14.25  14.25  1.00 
03/06/2024 14.08  14.08  14.08  14.08  1.00 
03/05/2024 13.95  13.95  13.95  13.95  1.00 
03/04/2024 14.23  14.23  14.23  14.23  1.00 
03/01/2024 14.16  14.16  14.16  14.16  1.00 
02/29/2024 14.03  14.03  14.03  14.03  1.00 
02/28/2024 13.83  13.83  13.83  13.83  1.00 
02/27/2024 13.83  13.83  13.83  13.83  1.00 
02/26/2024 13.82  13.82  13.82  13.82  1.00 
02/23/2024 13.74  13.74  13.74  13.74  1.00 
02/22/2024 13.71  13.71  13.71  13.71  1.00 
02/21/2024 13.43  13.43  13.43  13.43  1.00 
02/20/2024 13.51  13.51  13.51  13.51  1.00 
02/16/2024 13.64  13.64  13.64  13.64  1.00 
02/15/2024 13.70  13.70  13.70  13.70  1.00 
02/14/2024 13.69  13.69  13.69  13.69  1.00 
02/13/2024 13.42  13.42  13.42  13.42  1.00 
02/12/2024 13.64  13.64  13.64  13.64  1.00 
02/09/2024 13.65  13.65  13.65  13.65  1.00 
02/08/2024 13.57  13.57  13.57  13.57  1.00 
02/07/2024 13.48  13.48  13.48  13.48  1.00 
02/06/2024 13.30  13.30  13.30  13.30  1.00 
02/05/2024 13.22  13.22  13.22  13.22  1.00 
02/02/2024 13.28  13.28  13.28  13.28  1.00 
02/01/2024 13.14  13.14  13.14  13.14  1.00 
01/31/2024 12.94  12.94  12.94  12.94  1.00 
01/30/2024 13.13  13.13  13.13  13.13  1.00 
01/29/2024 13.14  13.14  13.14  13.14  1.00 
01/26/2024 12.94  12.94  12.94  12.94  1.00 

About Alger Midcap Mutual Fund history

Alger Midcap 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 Midcap Growth 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 Midcap stock prices may prove useful in developing a viable investing in Alger Midcap
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the SP MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Alger Mid is traded on NASDAQ Exchange in the United States.

Alger Midcap Mutual Fund Technical Analysis

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

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Alger Midcap Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alger Midcap'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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alger Midcap Growth. 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 nation.
Note that the Alger Midcap Growth information on this page should be used as a complementary analysis to other Alger Midcap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, there is a significant difference between Alger Midcap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger Midcap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger Midcap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.