The Alger Etf Price History
ALAI Etf | 26.10 0.06 0.23% |
If you're considering investing in Alger Etf, it is important to understand the factors that can impact its price. As of today, the current price of Alger ETF stands at 26.10, as last reported on the 24th of November, with the highest price reaching 26.13 and the lowest price hitting 25.98 during the day. Alger ETF appears to be very steady, given 3 months investment horizon. Alger ETF secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the etf had a 0.22% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for The Alger ETF, which you can use to evaluate the volatility of the entity. Please makes use of Alger ETF's Risk Adjusted Performance of 0.1695, semi deviation of 1.18, and Mean Deviation of 0.9247 to double-check if our risk estimates are consistent with your expectations.
Alger Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = 0.217
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Estimated Market Risk
1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Alger ETF is performing at about 17% 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 ETF by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 559.4 K |
Alger ETF Etf Price History Chart
There are several ways to analyze The Alger ETF price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger ETF 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 Price | November 21, 2024 | 26.16 |
Lowest Price | September 6, 2024 | 20.46 |
Alger ETF November 24, 2024 Etf Price Synopsis
Various analyses of Alger ETF's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Alger Etf. It can be used to describe the percentage change in the price of Alger ETF 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 Etf.Alger ETF Price Action Indicator | 0.02 | |
Alger ETF Price Daily Balance Of Power | (0.40) | |
Alger ETF Price Rate Of Daily Change | 1.00 |
Alger ETF November 24, 2024 Etf Price Analysis
Alger Etf Price History Data
The price series of Alger ETF for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 5.7 with a coefficient of variation of 6.44. The prices are distributed with arithmetic mean of 23.47. The median price for the last 90 days is 23.64.Open | High | Low | Close | Volume | ||
11/24/2024 | 26.13 | 26.13 | 25.98 | 26.10 | ||
11/22/2024 | 26.13 | 26.13 | 25.98 | 26.10 | 9,131 | |
11/21/2024 | 26.25 | 26.25 | 25.93 | 26.16 | 8,400 | |
11/20/2024 | 25.81 | 26.03 | 25.72 | 26.03 | 1,900 | |
11/19/2024 | 25.56 | 26.04 | 25.56 | 26.04 | 5,204 | |
11/18/2024 | 25.23 | 25.45 | 25.23 | 25.45 | 8,755 | |
11/15/2024 | 25.51 | 25.51 | 25.12 | 25.26 | 13,466 | |
11/14/2024 | 26.03 | 26.03 | 25.74 | 25.78 | 42,603 | |
11/13/2024 | 26.01 | 26.07 | 25.90 | 25.94 | 6,804 | |
11/12/2024 | 25.78 | 25.88 | 25.74 | 25.88 | 10,899 | |
11/11/2024 | 25.99 | 25.99 | 25.61 | 25.74 | 11,656 | |
11/08/2024 | 25.70 | 25.82 | 25.68 | 25.82 | 26,704 | |
11/07/2024 | 25.55 | 25.69 | 25.55 | 25.69 | 129,300 | |
11/06/2024 | 24.67 | 24.87 | 24.57 | 24.86 | 27,804 | |
11/05/2024 | 24.20 | 24.24 | 24.17 | 24.24 | 24,302 | |
11/04/2024 | 23.77 | 23.78 | 23.67 | 23.67 | 26,967 | |
11/01/2024 | 23.85 | 23.94 | 23.79 | 23.79 | 2,400 | |
10/31/2024 | 23.78 | 23.78 | 23.61 | 23.65 | 600.00 | |
10/30/2024 | 24.33 | 24.46 | 24.33 | 24.34 | 2,184 | |
10/29/2024 | 24.37 | 24.37 | 24.37 | 24.37 | 100.00 | |
10/28/2024 | 24.18 | 24.21 | 24.12 | 24.12 | 5,543 | |
10/25/2024 | 24.29 | 24.30 | 24.16 | 24.16 | 300.00 | |
10/24/2024 | 23.91 | 24.92 | 23.91 | 23.94 | 800.00 | |
10/23/2024 | 24.13 | 24.13 | 23.84 | 23.89 | 2,183 | |
10/22/2024 | 24.16 | 24.32 | 24.16 | 24.27 | 9,613 | |
10/21/2024 | 24.20 | 24.20 | 24.20 | 24.20 | 443.00 | |
10/18/2024 | 24.08 | 24.08 | 24.05 | 24.05 | 900.00 | |
10/17/2024 | 23.95 | 24.09 | 23.89 | 23.89 | 1,392 | |
10/16/2024 | 23.74 | 23.75 | 23.62 | 23.74 | 6,300 | |
10/15/2024 | 24.05 | 24.05 | 23.59 | 23.64 | 2,000 | |
10/14/2024 | 24.15 | 24.15 | 24.03 | 24.03 | 800.00 | |
10/11/2024 | 23.87 | 23.87 | 23.87 | 23.87 | 100.00 | |
10/10/2024 | 23.77 | 23.77 | 23.77 | 23.77 | 100.00 | |
10/09/2024 | 23.65 | 23.76 | 23.65 | 23.76 | 300.00 | |
10/08/2024 | 23.64 | 23.64 | 23.64 | 23.64 | 100.00 | |
10/07/2024 | 23.37 | 23.44 | 23.24 | 23.24 | 15,967 | |
10/04/2024 | 23.48 | 23.48 | 23.48 | 23.48 | 100.00 | |
10/03/2024 | 23.10 | 23.10 | 23.10 | 23.10 | 700.00 | |
10/02/2024 | 22.99 | 23.01 | 22.99 | 23.00 | 1,100 | |
10/01/2024 | 22.86 | 22.94 | 22.86 | 22.94 | 300.00 | |
09/30/2024 | 23.11 | 23.25 | 23.03 | 23.25 | 1,600 | |
09/27/2024 | 23.32 | 23.32 | 23.14 | 23.14 | 6,084 | |
09/26/2024 | 23.55 | 23.55 | 23.38 | 23.38 | 7,666 | |
09/25/2024 | 23.29 | 23.39 | 23.29 | 23.34 | 16,566 | |
09/24/2024 | 22.96 | 23.22 | 22.96 | 23.22 | 852.00 | |
09/23/2024 | 23.03 | 23.04 | 22.97 | 23.02 | 12,100 | |
09/20/2024 | 22.89 | 23.00 | 22.89 | 22.93 | 7,853 | |
09/19/2024 | 22.72 | 22.86 | 22.72 | 22.82 | 4,228 | |
09/18/2024 | 22.35 | 22.51 | 22.20 | 22.20 | 46,287 | |
09/17/2024 | 22.28 | 22.28 | 22.28 | 22.28 | 69.00 | |
09/16/2024 | 22.11 | 22.19 | 22.11 | 22.19 | 2,286 | |
09/13/2024 | 22.31 | 22.31 | 22.21 | 22.27 | 9,759 | |
09/12/2024 | 22.11 | 22.14 | 22.10 | 22.10 | 1,300 | |
09/11/2024 | 21.77 | 21.77 | 21.77 | 21.77 | 100.00 | |
09/10/2024 | 20.93 | 21.03 | 20.71 | 21.03 | 6,700 | |
09/09/2024 | 20.72 | 20.76 | 20.63 | 20.76 | 1,700 | |
09/06/2024 | 20.82 | 20.82 | 20.41 | 20.46 | 9,100 | |
09/05/2024 | 21.18 | 21.18 | 21.04 | 21.04 | 100.00 | |
09/04/2024 | 20.92 | 20.98 | 20.92 | 20.98 | 500.00 | |
09/03/2024 | 21.02 | 21.02 | 21.02 | 21.02 | 100.00 | |
08/30/2024 | 21.81 | 21.87 | 21.80 | 21.87 | 3,100 |
About Alger ETF Etf history
Alger ETF 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 ETF 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 ETF stock prices may prove useful in developing a viable investing in Alger ETF
Alger ETF Etf Technical Analysis
Alger ETF 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.
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Alger ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger ETF's price direction in advance. Along with the technical and fundamental analysis of Alger Etf 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.
Risk Adjusted Performance | 0.1695 | |||
Jensen Alpha | 0.1591 | |||
Total Risk Alpha | 0.0674 | |||
Sortino Ratio | 0.1044 | |||
Treynor Ratio | 0.2832 |
Cycle Indicators | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Alger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Alger ETF 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Alger ETF'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 ETF's market value can be influenced by many factors that don't directly affect Alger ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.