Alger Spectra Fund Market Value
| ASPCX Fund | USD 24.73 0.31 1.27% |
| Symbol | Alger |
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.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in Alger Spectra on November 21, 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 Alger Midcap, Alger Midcap, Alger Mid, Alger Small, Alger Small, Alger Small, and Alger Small. 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.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0087 | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.29 |
Alger Spectra Market Risk Indicators
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.| Risk Adjusted Performance | 0.0338 | |||
| Jensen Alpha | 0.0512 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 4.13 |
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.
Alger Spectra February 19, 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 | 0.0338 | |||
| Market Risk Adjusted Performance | 4.14 | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 2790.22 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.96 | |||
| Information Ratio | 0.0087 | |||
| Jensen Alpha | 0.0512 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 4.13 | |||
| Maximum Drawdown | 11.33 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.29 | |||
| Downside Variance | 2.73 | |||
| Semi Variance | 2.24 | |||
| Expected Short fall | (1.16) | |||
| Skewness | 1.34 | |||
| Kurtosis | 6.36 |
Alger Spectra Backtested Returns
Alger Spectra appears to be very steady, given 3 months investment horizon. Alger Spectra secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12 % 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 makes use of Alger Spectra's risk adjusted performance of 0.0338, and Mean Deviation of 1.13 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.0125, which signifies not very significant fluctuations relative to the market. 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 | -0.88 |
Excellent reverse predictability
Alger Spectra Fund has excellent reverse predictability. Overlapping area represents the amount of predictability between Alger Spectra time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th 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 Spectra price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Alger Spectra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
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 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.
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