Alger Ai Enablers Fund Price History

AIFAX Fund   13.97  0.48  3.56%   
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Alger Ai stands at 13.97, as last reported on the 11th of December 2024, with the highest price reaching 13.97 and the lowest price hitting 13.97 during the day. Alger Ai appears to be very steady, given 3 months investment horizon. Alger Ai Enablers secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the fund had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Alger Ai Enablers, which you can use to evaluate the volatility of the entity. Please makes use of Alger Ai's risk adjusted performance of 0.2519, and Mean Deviation of 0.8626 to double-check if our risk estimates are consistent with your expectations.
  
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2935

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Estimated Market Risk

 1.22
  actual daily
10
90% of assets are more volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.29
  actual daily
23
77% of assets perform better
Based on monthly moving average Alger Ai is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alger Ai by adding it to a well-diversified portfolio.

Alger Ai Mutual Fund Price History Chart

There are several ways to analyze Alger Ai Enablers Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Ai price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceDecember 6, 202413.97
Lowest PriceSeptember 18, 202411.23

Alger Ai December 11, 2024 Mutual Fund Price Synopsis

Various analyses of Alger Ai's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Alger Mutual Fund. It can be used to describe the percentage change in the price of Alger Ai from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Alger Mutual Fund.
Alger Ai Price Action Indicator 0.24 
Alger Ai Price Rate Of Daily Change 1.04 

Alger Ai December 11, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Alger Ai Enablers Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Alger Ai intraday prices and daily technical indicators to check the level of noise trading in Alger Ai Enablers Fund and then apply it to test your longer-term investment strategies against Alger.

Alger Mutual Fund Price History Data

The price series of Alger Ai for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 3.61 with a coefficient of variation of 6.79. The prices are distributed with arithmetic mean of 12.19. The median price for the last 90 days is 12.05.
OpenHighLowCloseVolume
12/11/2024
 13.97  13.97  13.97  13.97 
12/10/2024 13.49  13.49  13.49  13.49  1.00 
12/09/2024 13.64  13.64  13.64  13.64  1.00 
12/06/2024 13.97  13.97  13.97  13.97  1.00 
12/05/2024 13.82  13.82  13.82  13.82  1.00 
12/04/2024 13.79  13.79  13.79  13.79  1.00 
12/03/2024 13.52  13.52  13.52  13.52  1.00 
12/02/2024 13.35  13.35  13.35  13.35  1.00 
11/29/2024 13.22  13.22  13.22  13.22  1.00 
11/27/2024 13.08  13.08  13.08  13.08  1.00 
11/26/2024 13.23  13.23  13.23  13.23  1.00 
11/25/2024 13.08  13.08  13.08  13.08  1.00 
11/22/2024 13.13  13.13  13.13  13.13  1.00 
11/21/2024 13.17  13.17  13.17  13.17  1.00 
11/20/2024 13.12  13.12  13.12  13.12  1.00 
11/19/2024 13.11  13.11  13.11  13.11  1.00 
11/18/2024 12.81  12.81  12.81  12.81  1.00 
11/15/2024 12.72  12.72  12.72  12.72  1.00 
11/14/2024 12.98  12.98  12.98  12.98  1.00 
11/13/2024 13.05  13.05  13.05  13.05  1.00 
11/12/2024 13.03  13.03  13.03  13.03  1.00 
11/11/2024 12.96  12.96  12.96  12.96  1.00 
11/08/2024 13.00  13.00  13.00  13.00  1.00 
11/07/2024 12.93  12.93  12.93  12.93  1.00 
11/06/2024 12.53  12.53  12.53  12.53  1.00 
11/05/2024 12.24  12.24  12.24  12.24  1.00 
11/04/2024 11.92  11.92  11.92  11.92  1.00 
11/01/2024 11.99  11.99  11.99  11.99  1.00 
10/31/2024 11.91  11.91  11.91  11.91  1.00 
10/30/2024 12.26  12.26  12.26  12.26  1.00 
10/29/2024 12.30  12.30  12.30  12.30  1.00 
10/28/2024 12.17  12.17  12.17  12.17  1.00 
10/25/2024 12.17  12.17  12.17  12.17  1.00 
10/24/2024 12.09  12.09  12.09  12.09  1.00 
10/23/2024 12.05  12.05  12.05  12.05  1.00 
10/22/2024 12.23  12.23  12.23  12.23  1.00 
10/21/2024 12.26  12.26  12.26  12.26  1.00 
10/18/2024 12.10  12.10  12.10  12.10  1.00 
10/17/2024 12.03  12.03  12.03  12.03  1.00 
10/16/2024 11.98  11.98  11.98  11.98  1.00 
10/15/2024 11.93  11.93  11.93  11.93  1.00 
10/14/2024 12.11  12.11  12.11  12.11  1.00 
10/11/2024 12.04  12.04  12.04  12.04  1.00 
10/10/2024 11.99  11.99  11.99  11.99  1.00 
10/09/2024 11.98  11.98  11.98  11.98  1.00 
10/08/2024 11.92  11.92  11.92  11.92  1.00 
10/07/2024 11.74  11.74  11.74  11.74  1.00 
10/04/2024 11.85  11.85  11.85  11.85  1.00 
10/03/2024 11.67  11.67  11.67  11.67  1.00 
10/02/2024 11.61  11.61  11.61  11.61  1.00 
10/01/2024 11.58  11.58  11.58  11.58  1.00 
09/30/2024 11.73  11.73  11.73  11.73  1.00 
09/27/2024 11.69  11.69  11.69  11.69  1.00 
09/26/2024 11.80  11.80  11.80  11.80  1.00 
09/25/2024 11.79  11.79  11.79  11.79  1.00 
09/24/2024 11.71  11.71  11.71  11.71  1.00 
09/23/2024 11.62  11.62  11.62  11.62  1.00 
09/20/2024 11.59  11.59  11.59  11.59  1.00 
09/19/2024 11.53  11.53  11.53  11.53  1.00 
09/18/2024 11.23  11.23  11.23  11.23  1.00 
09/17/2024 11.26  11.26  11.26  11.26  1.00 

About Alger Ai Mutual Fund history

Alger Ai investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alger is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alger Ai Enablers will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alger Ai stock prices may prove useful in developing a viable investing in Alger Ai
Under normal circumstances, the fund invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the advisor believes will benefit from artificial intelligence , demonstrate promising growth potential, and are companies where AI can play a material role in potentially driving stock price performance over the next twelve to thirty-six months. The fund is non-diversified.

Alger Ai Mutual Fund Technical Analysis

Alger Ai technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Alger Ai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger Ai trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Alger Ai Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alger Ai's price direction in advance. Along with the technical and fundamental analysis of Alger Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alger to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Alger Mutual Fund

Alger Ai 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 Ai security.
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