The Alger Etf Market Value
| ALAI Etf | 35.85 0.87 2.37% |
| Symbol | Alger |
The market value of Alger 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Alger ETF's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Alger ETF's market value can be influenced by many factors that don't directly affect Alger ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Alger ETF's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Alger ETF represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Alger ETF's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Alger ETF '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 ETF's etf 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 ETF.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Alger ETF on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding The Alger ETF or generate 0.0% return on investment in Alger ETF over 90 days. Alger ETF is related to or competes with Innovator Loup, Level Four, Northern Lights, Amplify AI, Advisors Inner, Global X, and Direxion Shares. Alger ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange. More
Alger ETF 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 ETF's etf 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 The Alger ETF upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 1.76 |
Alger ETF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger ETF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alger ETF's standard deviation. In reality, there are many statistical measures that can use Alger ETF historical prices to predict the future Alger ETF's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.08) |
Alger ETF February 2, 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 1.11 | |||
| Coefficient Of Variation | (2,093) | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.03 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 1.76 | |||
| Skewness | (0.48) | |||
| Kurtosis | 0.3254 |
Alger ETF Backtested Returns
Alger ETF secures Sharpe Ratio (or Efficiency) of -0.0327, which signifies that the etf had a -0.0327 % return per unit of standard deviation over the last 3 months. The Alger ETF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger ETF's Risk Adjusted Performance of (0.03), coefficient of variation of (2,093), and Mean Deviation of 1.11 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.99, which signifies possible diversification benefits within a given portfolio. Alger ETF returns are very sensitive to returns on the market. As the market goes up or down, Alger ETF is expected to follow.
Auto-correlation | -0.1 |
Very weak reverse predictability
The Alger ETF has very weak reverse predictability. Overlapping area represents the amount of predictability between Alger ETF time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd 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 ETF price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Alger ETF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
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Check out Alger ETF Correlation, Alger ETF Volatility and Alger ETF Performance module to complement your research on Alger ETF. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Alger ETF 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.