Alger Spectra Fund Key Fundamental Indicators
| ASPIX Fund | USD 32.81 0.06 0.18% |
As of the 14th of February 2026, Alger Spectra shows the risk adjusted performance of (0.07), and Mean Deviation of 1.08. Alger Spectra 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's future prices.
Alger Spectra's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Alger Spectra's valuation are provided below:Alger Spectra Fund does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Alger |
Alger Spectra 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alger Spectra's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alger Spectra.
| 11/16/2025 |
| 02/14/2026 |
If you would invest 0.00 in Alger Spectra on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding Alger Spectra Fund or generate 0.0% return on investment in Alger Spectra over 90 days. Alger Spectra is related to or competes with Lord Abbett, Prudential Emerging, T Rowe, and Aig Government. The fund invests primarily in the equity securities of companies of any size that the manager believes demonstrate promi... More
Alger Spectra Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alger Spectra's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alger Spectra Fund upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 6.93 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.24 |
Alger Spectra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Spectra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alger Spectra's standard deviation. In reality, there are many statistical measures that can use Alger Spectra historical prices to predict the future Alger Spectra's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.15) |
Alger Spectra February 14, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.08 | |||
| Coefficient Of Variation | (1,158) | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.1 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 6.93 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.24 | |||
| Skewness | (0.11) | |||
| Kurtosis | 0.3961 |
Alger Spectra Backtested Returns
Alger Spectra secures Sharpe Ratio (or Efficiency) of -0.031, which signifies that the fund had a -0.031 % return per unit of standard deviation over the last 3 months. Alger Spectra Fund exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger Spectra's mean deviation of 1.08, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Alger Spectra returns are very sensitive to returns on the market. As the market goes up or down, Alger Spectra is expected to follow.
Auto-correlation | -0.44 |
Modest reverse predictability
Alger Spectra Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Alger Spectra time series from 16th of November 2025 to 31st of December 2025 and 31st of December 2025 to 14th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alger Spectra price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Alger Spectra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.04 |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Alger Spectra Fund has an One Year Return of 19.6217%. This is much higher than that of the Alger family and significantly higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Alger Spectra Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Spectra's current stock value. Our valuation model uses many indicators to compare Alger Spectra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Spectra competition to find correlations between indicators driving Alger Spectra's intrinsic value. More Info.Alger Spectra Fund is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Spectra Fund is roughly 6.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger Spectra's earnings, one of the primary drivers of an investment's value.Alger One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alger Spectra's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Alger Spectra could also be used in its relative valuation, which is a method of valuing Alger Spectra by comparing valuation metrics of similar companies.Alger Spectra is currently under evaluation in one year return among similar funds.
Alger Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alger Spectra's current stock value. Our valuation model uses many indicators to compare Alger Spectra value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alger Spectra competition to find correlations between indicators driving Alger Spectra's intrinsic value. More Info.Alger Spectra Fund is the top fund in price to earning among similar funds. It also is the top fund in price to book among similar funds fabricating about 0.16 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alger Spectra Fund is roughly 6.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alger Spectra's earnings, one of the primary drivers of an investment's value.Fund Asset Allocation for Alger Spectra
The fund invests 99.5% of asset under management in tradable equity instruments, with the rest of investments concentrated in cash (0.14%) and various exotic instruments (0.36%).Asset allocation divides Alger Spectra's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors for a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will manage securities in the fund's portfolio as market conditions and the fund's objectives change.
Alger Fundamentals
| Price To Earning | 23.32 X | ||||
| Price To Book | 3.76 X | ||||
| Price To Sales | 2.74 X | ||||
| Total Asset | 8.61 B | ||||
| Year To Date Return | 1.49 % | ||||
| One Year Return | 19.62 % | ||||
| Three Year Return | 33.18 % | ||||
| Five Year Return | 10.80 % | ||||
| Ten Year Return | 15.58 % | ||||
| Net Asset | 6.64 B | ||||
| Cash Position Weight | 0.14 % | ||||
| Equity Positions Weight | 99.50 % |
About Alger Spectra Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alger Spectra Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alger Spectra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alger Spectra Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fund invests primarily in the equity securities of companies of any size that the manager believes demonstrate promising growth potential. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology, consumer discretionary, and healthcare sectors.
Also Currently Popular
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 Spectra 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 Spectra security.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |