Alger Midcap Related Correlations
AMGCX Fund | USD 7.90 0.01 0.13% |
Correlations
1.0 | 1.0 | 0.88 | 0.88 | 0.78 | 0.9 | AOFIX | ||
1.0 | 1.0 | 0.88 | 0.88 | 0.78 | 0.9 | AOFAX | ||
1.0 | 1.0 | 0.87 | 0.88 | 0.77 | 0.89 | AOFCX | ||
0.88 | 0.88 | 0.87 | 1.0 | 0.92 | 0.98 | CHUSX | ||
0.88 | 0.88 | 0.88 | 1.0 | 0.92 | 0.98 | CHUCX | ||
0.78 | 0.78 | 0.77 | 0.92 | 0.92 | 0.9 | AAEMX | ||
0.9 | 0.9 | 0.89 | 0.98 | 0.98 | 0.9 | AAGOX | ||
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Risk-Adjusted Indicators
There is a big difference between Alger Mutual Fund performing well and Alger Midcap Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alger Midcap's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
AOFIX | 1.04 | (0.04) | (0.01) | 0.02 | 1.55 | 1.82 | 7.29 | |||
AOFAX | 1.04 | (0.04) | (0.01) | 0.02 | 1.54 | 1.82 | 7.32 | |||
AOFCX | 1.04 | (0.04) | (0.01) | 0.02 | 1.57 | 1.78 | 7.30 | |||
CHUSX | 0.68 | 0.06 | 0.06 | 0.10 | 0.74 | 1.56 | 5.71 | |||
CHUCX | 0.68 | 0.05 | 0.06 | 0.10 | 0.75 | 1.53 | 5.74 | |||
AAEMX | 0.64 | (0.01) | (0.02) | 0.03 | 0.87 | 1.23 | 4.61 | |||
AAGOX | 0.91 | 0.10 | 0.08 | 0.13 | 1.00 | 2.17 | 7.62 |