Alger Growth Income Fund Price History
ALBAX Fund | USD 78.57 0.27 0.34% |
Below is the normalized historical share price chart for Alger Growth Income extending back to June 23, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alger Growth stands at 78.57, as last reported on the 2nd of December, with the highest price reaching 78.57 and the lowest price hitting 78.57 during the day.
If you're considering investing in Alger Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Alger Mutual Fund to be very steady. Alger Growth Income secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the fund had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Alger Growth Income, which you can use to evaluate the volatility of the entity. Please confirm Alger Growth's risk adjusted performance of 0.0908, and Mean Deviation of 0.5212 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%.
Alger Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Alger |
Sharpe Ratio = 0.1552
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Cash | ALBAX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Alger Growth is performing at about 12% 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 Growth by adding it to a well-diversified portfolio.
Alger Growth Mutual Fund Price History Chart
There are several ways to analyze Alger Growth Income Fund price data. The simplest method is using a basic Alger candlestick price chart, which shows Alger Growth 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 | December 2, 2024 | 78.57 |
Lowest Price | September 6, 2024 | 72.02 |
Alger Growth December 2, 2024 Mutual Fund Price Synopsis
Various analyses of Alger Growth'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 Growth 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 Growth Price Rate Of Daily Change | 1.00 | |
Alger Growth Price Action Indicator | 0.13 |
Alger Growth December 2, 2024 Mutual Fund Price Analysis
Alger Mutual Fund Price History Data
The price series of Alger Growth for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 6.29 with a coefficient of variation of 1.91. The prices are distributed with arithmetic mean of 76.09. The median price for the last 90 days is 76.28. The company issued dividends on March 11, 2020.Open | High | Low | Close | Volume | ||
12/02/2024 | 78.57 | 78.57 | 78.57 | 78.57 | 1.00 | |
11/29/2024 | 78.30 | 78.30 | 78.30 | 78.30 | 1.00 | |
11/27/2024 | 77.93 | 77.93 | 77.93 | 77.93 | 1.00 | |
11/26/2024 | 78.25 | 78.25 | 78.25 | 78.25 | 1.00 | |
11/25/2024 | 77.93 | 77.93 | 77.93 | 77.93 | 1.00 | |
11/22/2024 | 77.53 | 77.53 | 77.53 | 77.53 | 1.00 | |
11/21/2024 | 77.06 | 77.06 | 77.06 | 77.06 | 1.00 | |
11/20/2024 | 76.76 | 76.76 | 76.76 | 76.76 | 1.00 | |
11/19/2024 | 76.86 | 76.86 | 76.86 | 76.86 | 1.00 | |
11/18/2024 | 76.84 | 76.84 | 76.84 | 76.84 | 1.00 | |
11/15/2024 | 76.46 | 76.46 | 76.46 | 76.46 | 1.00 | |
11/14/2024 | 77.41 | 77.41 | 77.41 | 77.41 | 1.00 | |
11/13/2024 | 77.77 | 77.77 | 77.77 | 77.77 | 1.00 | |
11/12/2024 | 77.82 | 77.82 | 77.82 | 77.82 | 1.00 | |
11/11/2024 | 78.09 | 78.09 | 78.09 | 78.09 | 1.00 | |
11/08/2024 | 78.31 | 78.31 | 78.31 | 78.31 | 1.00 | |
11/07/2024 | 78.18 | 78.18 | 78.18 | 78.18 | 1.00 | |
11/06/2024 | 77.64 | 77.64 | 77.64 | 77.64 | 1.00 | |
11/05/2024 | 76.08 | 76.08 | 76.08 | 76.08 | 1.00 | |
11/04/2024 | 75.38 | 75.38 | 75.38 | 75.38 | 1.00 | |
11/01/2024 | 75.69 | 75.69 | 75.69 | 75.69 | 1.00 | |
10/31/2024 | 75.50 | 75.50 | 75.50 | 75.50 | 1.00 | |
10/30/2024 | 76.79 | 76.79 | 76.79 | 76.79 | 1.00 | |
10/29/2024 | 76.78 | 76.78 | 76.78 | 76.78 | 1.00 | |
10/28/2024 | 76.51 | 76.51 | 76.51 | 76.51 | 1.00 | |
10/25/2024 | 76.26 | 76.26 | 76.26 | 76.26 | 1.00 | |
10/24/2024 | 76.35 | 76.35 | 76.35 | 76.35 | 1.00 | |
10/23/2024 | 76.44 | 76.44 | 76.44 | 76.44 | 1.00 | |
10/22/2024 | 77.09 | 77.09 | 77.09 | 77.09 | 1.00 | |
10/21/2024 | 76.93 | 76.93 | 76.93 | 76.93 | 1.00 | |
10/18/2024 | 77.32 | 77.32 | 77.32 | 77.32 | 1.00 | |
10/17/2024 | 77.09 | 77.09 | 77.09 | 77.09 | 1.00 | |
10/16/2024 | 76.94 | 76.94 | 76.94 | 76.94 | 1.00 | |
10/15/2024 | 76.76 | 76.76 | 76.76 | 76.76 | 1.00 | |
10/14/2024 | 77.55 | 77.55 | 77.55 | 77.55 | 1.00 | |
10/11/2024 | 76.94 | 76.94 | 76.94 | 76.94 | 1.00 | |
10/10/2024 | 76.42 | 76.42 | 76.42 | 76.42 | 1.00 | |
10/09/2024 | 76.61 | 76.61 | 76.61 | 76.61 | 1.00 | |
10/08/2024 | 75.95 | 75.95 | 75.95 | 75.95 | 1.00 | |
10/07/2024 | 75.47 | 75.47 | 75.47 | 75.47 | 1.00 | |
10/04/2024 | 76.17 | 76.17 | 76.17 | 76.17 | 1.00 | |
10/03/2024 | 75.59 | 75.59 | 75.59 | 75.59 | 1.00 | |
10/02/2024 | 75.80 | 75.80 | 75.80 | 75.80 | 1.00 | |
10/01/2024 | 75.69 | 75.69 | 75.69 | 75.69 | 1.00 | |
09/30/2024 | 76.28 | 76.28 | 76.28 | 76.28 | 1.00 | |
09/27/2024 | 75.95 | 75.95 | 75.95 | 75.95 | 1.00 | |
09/26/2024 | 76.12 | 76.12 | 76.12 | 76.12 | 1.00 | |
09/25/2024 | 75.80 | 75.80 | 75.80 | 75.80 | 1.00 | |
09/24/2024 | 76.02 | 76.02 | 76.02 | 76.02 | 1.00 | |
09/23/2024 | 75.93 | 75.93 | 75.93 | 75.93 | 1.00 | |
09/20/2024 | 75.77 | 75.77 | 75.77 | 75.77 | 1.00 | |
09/19/2024 | 75.79 | 75.79 | 75.79 | 75.79 | 1.00 | |
09/18/2024 | 74.67 | 74.67 | 74.67 | 74.67 | 1.00 | |
09/17/2024 | 74.78 | 74.78 | 74.78 | 74.78 | 1.00 | |
09/16/2024 | 74.73 | 74.73 | 74.73 | 74.73 | 1.00 | |
09/13/2024 | 74.66 | 74.66 | 74.66 | 74.66 | 1.00 | |
09/12/2024 | 74.24 | 74.24 | 74.24 | 74.24 | 1.00 | |
09/11/2024 | 73.72 | 73.72 | 73.72 | 73.72 | 1.00 | |
09/10/2024 | 73.02 | 73.02 | 73.02 | 73.02 | 1.00 | |
09/09/2024 | 72.69 | 72.69 | 72.69 | 72.69 | 1.00 | |
09/06/2024 | 72.02 | 72.02 | 72.02 | 72.02 | 1.00 |
About Alger Growth Mutual Fund history
Alger Growth 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 Growth Income 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 Growth stock prices may prove useful in developing a viable investing in Alger Growth
The advisor intends to invest at least 65 percent of its total assets in dividend paying equity securities. The fund may invest up to 35 percent of its total assets in equity securities that do not pay dividends or in money market instruments and repurchase agreements. The advisor focuses on growing companies that, at the time of purchase of the securities, have a market capitalization equal to or greater than the market capitalization of companies included in the SP 500 Index, as reported by the index as of the most recent quarter-end.
Alger Growth Mutual Fund Technical Analysis
Alger Growth 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.
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Alger Growth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alger Growth'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.
Risk Adjusted Performance | 0.0908 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.0968 |
Cycle Indicators | ||
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Pattern Recognition | ||
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Volume Indicators |
Other Information on Investing in Alger Mutual Fund
Alger Growth 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 Growth security.
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