Alger Capital Appreciation Fund Statistic Functions Beta

ALCFX Fund  USD 70.49  0.65  0.91%   
Alger Capital statistic functions tool provides the execution environment for running the Beta function and other technical functions against Alger Capital. Alger Capital value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Alger Capital statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Alger Capital Apprec correlated with the market. If Beta is less than 0 Alger Capital generally moves in the opposite direction as compared to the market. If Alger Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Capital Apprec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alger Capital is generally in the same direction as the market. If Beta > 1 Alger Capital moves generally in the same direction as, but more than the movement of the benchmark.

Alger Capital Technical Analysis Modules

Most technical analysis of Alger Capital help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ALGER from various momentum indicators to cycle indicators. When you analyze ALGER charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Alger Capital Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Alger Capital Appreciation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alger Capital Appreciation based on widely used predictive technical indicators. In general, we focus on analyzing ALGER Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alger Capital's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Alger Capital's intrinsic value. In addition to deriving basic predictive indicators for Alger Capital, we also check how macroeconomic factors affect Alger Capital price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
63.4480.7782.01
Details
Intrinsic
Valuation
LowRealHigh
63.4476.3977.63
Details
Naive
Forecast
LowNextHigh
68.8370.0771.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
68.5370.0271.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alger Capital. Your research has to be compared to or analyzed against Alger Capital's peers to derive any actionable benefits. When done correctly, Alger Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alger Capital Apprec.

Align your values with your investing style

In addition to having Alger Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Business Services Idea
Business Services
Invested over 100 shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
ESG Investing Idea
ESG Investing
Invested few shares

Other Information on Investing in ALGER Mutual Fund

Alger Capital 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 Capital security.
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