| AGOZX Fund | | | USD 22.31 0.17 0.76% |
Alger Small total-risk-alpha technical analysis lookup allows you to check this and other technical indicators for Alger Small Cap or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Alger Small Cap has current Total Risk Alpha of 0.0145. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0145 | |
| ER[a] | = | Expected return on investing in Alger Small |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Alger Small |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Alger Small Total Risk Alpha Peers Comparison
Alger Total Risk Alpha Relative To Other Indicators
Alger Small Cap is
fifth largest fund in total risk alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
520.55 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Alger Small Cap is roughly
520.55 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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