Alger Smidcap Focus Fund Market Value
| ASMZX Fund | USD 16.11 0.15 0.92% |
| Symbol | Alger |
Alger Smidcap '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 Smidcap'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 Smidcap.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Alger Smidcap on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Alger Smidcap Focus or generate 0.0% return on investment in Alger Smidcap over 90 days. Alger Smidcap is related to or competes with Ab Core, Artisan Mid, Rbb Fund, Siit Large, Qs Large, and Franklin Mutual. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment p... More
Alger Smidcap 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 Smidcap'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 Smidcap Focus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.007 | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.93 |
Alger Smidcap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Smidcap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alger Smidcap's standard deviation. In reality, there are many statistical measures that can use Alger Smidcap historical prices to predict the future Alger Smidcap's volatility.| Risk Adjusted Performance | 0.0552 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.0601 |
Alger Smidcap January 29, 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 | 0.0552 | |||
| Market Risk Adjusted Performance | 0.0701 | |||
| Mean Deviation | 0.9395 | |||
| Semi Deviation | 1.08 | |||
| Downside Deviation | 1.22 | |||
| Coefficient Of Variation | 1430.57 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.42 | |||
| Information Ratio | 0.007 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | 0.0601 | |||
| Maximum Drawdown | 5.11 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.93 | |||
| Downside Variance | 1.5 | |||
| Semi Variance | 1.18 | |||
| Expected Short fall | (0.99) | |||
| Skewness | 0.1103 | |||
| Kurtosis | (0) |
Alger Smidcap Focus Backtested Returns
At this stage we consider Alger Mutual Fund to be very steady. Alger Smidcap Focus secures Sharpe Ratio (or Efficiency) of 0.0936, which signifies that the fund had a 0.0936 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alger Smidcap Focus, which you can use to evaluate the volatility of the entity. Please confirm Alger Smidcap's risk adjusted performance of 0.0552, and Mean Deviation of 0.9395 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. The fund shows a Beta (market volatility) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alger Smidcap will likely underperform.
Auto-correlation | 0.73 |
Good predictability
Alger Smidcap Focus has good predictability. Overlapping area represents the amount of predictability between Alger Smidcap time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 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 Smidcap Focus price movement. The serial correlation of 0.73 indicates that around 73.0% of current Alger Smidcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
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 Smidcap 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 Smidcap security.
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