Alger Growth Income Fund Price Patterns
| ALBCX Fund | USD 93.35 1.73 1.89% |
Momentum 56
Buy Extended
Oversold | Overbought |
Using Alger Growth hype-based prediction, you can estimate the value of Alger Growth Income from the perspective of Alger Growth response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Alger Growth to buy its mutual fund at a price that has no basis in reality. In that case, they are not buying Alger because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell mutual funds at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Alger Growth after-hype prediction price | USD 93.38 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Alger |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alger Growth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alger Growth After-Hype Price Density Analysis
As far as predicting the price of Alger Growth at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Alger Growth or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Mutual Fund prices, such as prices of Alger Growth, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Alger Growth Estimiated After-Hype Price Volatility
In the context of predicting Alger Growth's mutual fund value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Alger Growth's historical news coverage. Alger Growth's after-hype downside and upside margins for the prediction period are 92.60 and 94.16, respectively. We have considered Alger Growth's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Alger Growth is very steady at this time. Analysis and calculation of next after-hype price of Alger Growth Income is based on 3 months time horizon.
Alger Growth Mutual Fund Price Outlook Analysis
Have you ever been surprised when a price of a Mutual Fund such as Alger Growth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alger Growth backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Fund price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Alger Growth, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 0.78 | 0.03 | 0.03 | 1 Events / Month | 0 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
93.35 | 93.38 | 0.03 |
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Alger Growth Hype Timeline
Alger Growth Income is presently traded for 93.35. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of -0.03. Alger is forecasted to increase in value after the next headline, with the price projected to jump to 93.38 or above. The average volatility of media hype impact on the company the price is about 147.17%. The price jump on the next news is projected to be 0.03%, whereas the daily expected return is presently at 0.06%. The volatility of related hype on Alger Growth is about 138.3%, with the expected price after the next announcement by competition of 93.32. Assuming the 90 days horizon the next forecasted press release will be very soon. Check out Alger Growth Basic Forecasting Models to cross-verify your projections.Alger Growth Related Hype Analysis
Having access to credible news sources related to Alger Growth's direct competition is more important than ever and may enhance your ability to predict Alger Growth's future price movements. Getting to know how Alger Growth's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Alger Growth may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AMGAX | Alger Midcap Growth | 0.00 | 0 per month | 0.00 | (0.10) | 1.54 | (2.30) | 4.40 | |
| AMGCX | Alger Midcap Growth | 0.00 | 0 per month | 0.00 | (0.10) | 1.60 | (2.60) | 4.60 | |
| AMGOX | Alger Mid Cap | 0.00 | 0 per month | 0.00 | (0.10) | 1.51 | (2.42) | 4.42 | |
| AOFYX | Alger Small Cap | 0.00 | 0 per month | 1.87 | (0.03) | 2.42 | (2.75) | 7.95 | |
| AOFIX | Alger Small Cap | 0.00 | 0 per month | 1.88 | (0.03) | 2.43 | (2.76) | 7.98 | |
| AOFAX | Alger Small Cap | 0.00 | 0 per month | 1.87 | (0.03) | 2.42 | (2.81) | 7.97 | |
| AOFCX | Alger Small Cap | 0.00 | 0 per month | 0.00 | (0.05) | 2.44 | (2.79) | 8.00 | |
| CHUSX | Alger Global Growth | (5.34) | 4 per month | 1.13 | 0.04 | 1.67 | (2.07) | 10.13 | |
| CHUCX | Alger Global Growth | (0.30) | 2 per month | 1.11 | 0.05 | 1.66 | (2.05) | 11.79 | |
| AAEMX | Alger Emerging Markets | 0.00 | 0 per month | 0.66 | 0.06 | 1.69 | (1.32) | 3.83 |
Alger Growth Additional Predictive Modules
Most predictive techniques to examine Alger price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Alger using various technical indicators. When you analyze Alger charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Alger Growth Predictive Indicators
The successful prediction of Alger Growth stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Alger Growth Income, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Alger Growth based on analysis of Alger Growth hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Alger Growth's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Alger Growth's related companies.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alger Mutual Fund
Alger Growth financial ratios help investors to determine whether Alger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alger with respect to the benefits of owning Alger Growth security.
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