As of 18 of January Alger Mid shows Mean Deviation of 2.13 and Risk Adjusted Performance of
(0.23). Alger Mid 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 future prices. In plain English 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 found nineteen technical drivers for Alger Mid Cap Growth I 2 which can be compared to its rivals. Please confirm Alger Mid Cap Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to decide if Alger Mid Cap is priced correctly providing market reflects its regular price of 20.91 per share.
|Horizon||30 Days Login to change|
Alger Mid Cap Technical Analysis
Alger Mid Cap Trend AnalysisUse this graph to draw trend lines for Alger Mid Cap Growth I 2. You can use it to identify possible trend reversals for Alger Mid 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 Mid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Alger Mid Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Alger Mid Cap Growth I 2 applied against its price change over selected period. The best fit line has a slop of 0.16 % which may suggest that Alger Mid Cap Growth I 2 market price will keep on failing further. It has 78 observation points and a regression sum of squares at 267.38, which is the sum of squared deviations for the predicted Alger Mid price change compared to its average price change.
|Risk Adjusted Performance||(0.23)|
|Market Risk Adjusted Performance||(1.09)|
|Coefficient Of Variation||(826.51)|
|Total Risk Alpha||(0.31)|
|Value At Risk||(4.02)|
Alger Mid Cap One Year Return
Based on recorded statements Alger Mid Cap Growth I 2 has One Year Return of -2.71%. This is 271.23% higher than that of the Alger family, and 3.08% lower than that of Mid-Cap Growth category, The One Year Return for all funds is 217.83% higher than the company.