Alger Mid Cap Etf Market Value
| FRTY Etf | USD 20.18 0.81 3.86% |
| Symbol | Alger |
The market value of Alger Mid Cap is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger Mid's value that differs from its market value or its book value, called intrinsic value, which is Alger Mid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger Mid's market value can be influenced by many factors that don't directly affect Alger Mid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Alger Mid's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Alger Mid '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 Mid's etf 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 Mid.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in Alger Mid on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding Alger Mid Cap or generate 0.0% return on investment in Alger Mid over 90 days. Alger Mid is related to or competes with Direxion Shares, AdvisorShares Dorsey, TCW Compounders, Exchange Listed, ARK Israel, BNY Mellon, and BlackRock ETF. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid-cap compa... More
Alger Mid 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 Mid's etf 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 Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.18 |
Alger Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alger Mid's standard deviation. In reality, there are many statistical measures that can use Alger Mid historical prices to predict the future Alger Mid's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alger Mid'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 Mid February 5, 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 | (0.06) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.28 | |||
| Coefficient Of Variation | (1,141) | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.76 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.18 | |||
| Skewness | (0.55) | |||
| Kurtosis | 0.4678 |
Alger Mid Cap Backtested Returns
Alger Mid Cap secures Sharpe Ratio (or Efficiency) of -0.0601, which signifies that the etf had a -0.0601 % return per unit of standard deviation over the last 3 months. Alger Mid Cap exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger Mid's mean deviation of 1.28, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Alger Mid returns are very sensitive to returns on the market. As the market goes up or down, Alger Mid is expected to follow.
Auto-correlation | 0.09 |
Virtually no predictability
Alger Mid Cap has virtually no predictability. Overlapping area represents the amount of predictability between Alger Mid time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th 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 Mid Cap price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Alger Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
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.When determining whether Alger Mid Cap offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alger Mid's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alger Mid Cap Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Alger Mid Cap Etf:Check out Alger Mid Correlation, Alger Mid Volatility and Alger Mid Performance module to complement your research on Alger Mid. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Alger Mid technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.