Alger Concentrated Equity Fund Market Value
| CNEZX Fund | 15.78 0.07 0.45% |
| Symbol | Alger |
Alger Concentrated '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 Concentrated'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 Concentrated.
| 10/24/2025 |
| 01/22/2026 |
If you would invest 0.00 in Alger Concentrated on October 24, 2025 and sell it all today you would earn a total of 0.00 from holding Alger Concentrated Equity or generate 0.0% return on investment in Alger Concentrated over 90 days. Alger Concentrated is related to or competes with Nuveen Intermediate, Pace Municipal, Oklahoma Municipal, Gamco Global, Ab Impact, T Rowe, and T Rowe. More
Alger Concentrated 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 Concentrated'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 Concentrated Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.0175 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.36 |
Alger Concentrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Concentrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alger Concentrated's standard deviation. In reality, there are many statistical measures that can use Alger Concentrated historical prices to predict the future Alger Concentrated's volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 0.0452 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0169 | |||
| Treynor Ratio | 0.1484 |
Alger Concentrated January 22, 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 | 0.0643 | |||
| Market Risk Adjusted Performance | 0.1584 | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 1.46 | |||
| Downside Deviation | 1.73 | |||
| Coefficient Of Variation | 1258.13 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Information Ratio | 0.0175 | |||
| Jensen Alpha | 0.0452 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0169 | |||
| Treynor Ratio | 0.1484 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.36 | |||
| Downside Variance | 3.0 | |||
| Semi Variance | 2.14 | |||
| Expected Short fall | (1.14) | |||
| Skewness | 0.9123 | |||
| Kurtosis | 4.46 |
Alger Concentrated Equity Backtested Returns
At this stage we consider Alger Mutual Fund to be very steady. Alger Concentrated Equity secures Sharpe Ratio (or Efficiency) of 0.0795, which signifies that the fund had a 0.0795 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Concentrated Equity, which you can use to evaluate the volatility of the entity. Please confirm Alger Concentrated's mean deviation of 1.13, and Risk Adjusted Performance of 0.0643 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alger Concentrated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alger Concentrated is expected to be smaller as well.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Alger Concentrated Equity has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Alger Concentrated time series from 24th of October 2025 to 8th of December 2025 and 8th of December 2025 to 22nd 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 Concentrated Equity price movement. The serial correlation of -0.72 indicates that around 72.0% of current Alger Concentrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
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 Concentrated 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 Concentrated security.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |