Alger 35 Etf Price on July 19, 2024
| ATFV Etf | USD 25.91 0.33 1.26% |
If you're considering investing in Alger Etf, it is important to understand the factors that can impact its price. As of today, the current price of Alger 35 stands at 25.91, as last reported on the 11th of December 2024, with the highest price reaching 26.34 and the lowest price hitting 25.91 during the day. Alger 35 appears to be very steady, given 3 months investment horizon. Alger 35 ETF secures Sharpe Ratio (or Efficiency) of 0.31, which signifies that the etf had a 0.31% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Alger 35 ETF, which you can use to evaluate the volatility of the entity. Please makes use of Alger 35's mean deviation of 0.8571, and Risk Adjusted Performance of 0.2604 to double-check if our risk estimates are consistent with your expectations.
Alger Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = 0.3057
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Alger 35 is performing at about 24% 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 35 by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 204.1 K |
Alger 35 Valuation on July 19, 2024
It is possible to determine the worth of Alger 35 on a given historical date. On July 19, 2024 Alger was worth 20.71 at the beginning of the trading date compared to the closed value of 20.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alger 35 etf. Still, in general, we apply an absolute valuation method to find Alger 35's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alger 35 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alger 35's related companies.
| Open | High | Low | Close | Volume | |
| 20.69 | 20.69 | 20.68 | 20.68 | 317.00 | |
07/19/2024 | 20.71 | 20.71 | 20.71 | 20.71 | 178.00 |
| 20.82 | 20.96 | 20.82 | 20.89 | 35,921 |
| Backtest Alger 35 | | | Alger 35 History | | | Alger 35 Valuation | Previous | Next |
Alger 35 Trading Date Momentum on July 19, 2024
| On July 22 2024 Alger 35 ETF was traded for 20.89 at the closing time. The top price for the day was 20.96 and the lowest listed price was 20.82 . The trading volume for the day was 35.9 K. The trading history from July 22, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 0.87% . The overall trading delta against the current closing price is 2.46% . |
Alger 35 ETF Fundamentals Correlations and Trends
By evaluating Alger 35's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alger 35's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alger financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alger 35 Etf history
Alger 35 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 35 ETF 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 35 stock prices may prove useful in developing a viable investing in Alger 35
Under normal circumstances, the fund invests in a stock portfolio of approximately 35 equity securities of companies of any market capitalization that the Manager believes are undergoing Positive Dynamic Change. Alger 35 is traded on NYSEARCA Exchange in the United States.
Alger 35 Etf Technical Analysis
Alger 35 technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Alger 35 Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Alger 35 ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alger 35 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Alger 35 etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alger 35 shares will generate the highest return on investment. By undertsting and applying Alger 35 etf market strength indicators, traders can identify Alger 35 ETF entry and exit signals to maximize returns
Alger 35 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger 35's price direction in advance. Along with the technical and fundamental analysis of Alger Etf 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.
| Risk Adjusted Performance | 0.2604 | |||
| Jensen Alpha | 0.2933 | |||
| Total Risk Alpha | 0.2118 | |||
| Sortino Ratio | 0.2207 | |||
| Treynor Ratio | 0.4615 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alger 35 ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of Alger 35 ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger 35's value that differs from its market value or its book value, called intrinsic value, which is Alger 35's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger 35's market value can be influenced by many factors that don't directly affect Alger 35's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger 35's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger 35 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger 35'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.