Alger Smidcap Focus Fund Market Value
| ASMZX Fund | USD 14.97 0.06 0.40% |
| 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.
| 11/28/2025 |
| 02/26/2026 |
If you would invest 0.00 in Alger Smidcap on November 28, 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 Alger Midcap, Alger Midcap, Alger Mid, Alger Small, Alger Small, Alger Small, and Alger Global. 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 | 1.32 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.41 |
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 | 0.0187 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0109 |
Alger Smidcap February 26, 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 | 0.0187 | |||
| Market Risk Adjusted Performance | 0.0209 | |||
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.21 | |||
| Downside Deviation | 1.32 | |||
| Coefficient Of Variation | 5281.96 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0109 | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 1.75 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.13) | |||
| Skewness | 0.0224 | |||
| Kurtosis | 0.2126 |
Alger Smidcap Focus Backtested Returns
Alger Smidcap Focus secures Sharpe Ratio (or Efficiency) of -0.0728, which signifies that the fund had a -0.0728 % return per unit of standard deviation over the last 3 months. Alger Smidcap Focus exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger Smidcap's mean deviation of 1.0, and Risk Adjusted Performance of 0.0187 to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 1.34, 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 | -0.48 |
Modest reverse predictability
Alger Smidcap Focus has modest reverse predictability. Overlapping area represents the amount of predictability between Alger Smidcap time series from 28th of November 2025 to 12th of January 2026 and 12th of January 2026 to 26th 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 Smidcap Focus price movement. The serial correlation of -0.48 indicates that about 48.0% of current Alger Smidcap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
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.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |