Alger Spectra's market value is the price at which a share of Alger Spectra trades on a public exchange. It measures the collective expectations of Alger Spectra Fund investors about its performance. Alger Spectra is trading at 25.90 as of the 27th of January 2026; that is 0.15 percent increase since the beginning of the trading day. The fund's open price was 25.86. With this module, you can estimate the performance of a buy and hold strategy of Alger Spectra Fund and determine expected loss or profit from investing in Alger Spectra over a given investment horizon. Check out Alger Spectra Correlation, Alger Spectra Volatility and Alger Spectra Alpha and Beta module to complement your research on Alger Spectra.
Please note, there is a significant difference between Alger Spectra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger Spectra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger Spectra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
10/29/2025
No Change 0.00
0.0
In 2 months and 31 days
01/27/2026
0.00
If you would invest 0.00 in Alger Spectra on October 29, 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 Ab Global, Dodge Cox, Morningstar Global, Investec Global, T Rowe, Jhancock Global, and Harding Loevner. 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.
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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alger Spectra's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
At this stage we consider Alger Mutual Fund to be very steady. Alger Spectra secures Sharpe Ratio (or Efficiency) of 0.0512, which signifies that the fund had a 0.0512 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Spectra Fund, which you can use to evaluate the volatility of the entity. Please confirm Alger Spectra's mean deviation of 1.1, and Risk Adjusted Performance of 0.0512 to double-check if the risk estimate we provide is consistent with the expected return of 0.087%. The fund shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alger Spectra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alger Spectra is expected to be smaller as well.
Auto-correlation
-0.6
Good reverse predictability
Alger Spectra Fund has good reverse predictability. Overlapping area represents the amount of predictability between Alger Spectra time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th 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 Spectra price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Alger Spectra price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.6
Spearman Rank Test
-0.02
Residual Average
0.0
Price Variance
0.77
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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.