Alger Spectra Fund Market Value
| SPECX Fund | USD 31.24 0.78 2.44% |
| 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.
| 11/08/2025 |
| 02/06/2026 |
If you would invest 0.00 in Alger Spectra on November 8, 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 The Hartford, The Hartford, Smead Value, Smead Value, Smead Value, Franklin Small-mid, and Siit Sp. 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.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.12 |
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 | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.10) |
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 6, 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.07 | |||
| Coefficient Of Variation | (2,875) | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 8.61 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.12 | |||
| Skewness | 0.4114 | |||
| Kurtosis | 2.24 |
Alger Spectra Backtested Returns
Alger Spectra secures Sharpe Ratio (or Efficiency) of -0.0348, which signifies that the fund had a -0.0348 % return per unit of standard deviation over the last 3 months. Alger Spectra Fund exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger Spectra's mean deviation of 1.07, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The fund shows a Beta (market volatility) of 0.59, 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 | -0.81 |
Excellent reverse predictability
Alger Spectra Fund has excellent reverse predictability. Overlapping area represents the amount of predictability between Alger Spectra time series from 8th of November 2025 to 23rd of December 2025 and 23rd of December 2025 to 6th 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 -0.81 indicates that around 81.0% of current Alger Spectra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.96 |
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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.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |