Alger Global Growth Fund Technical Analysis
AFGZX Fund | USD 34.94 0.17 0.49% |
As of the 27th of November, Alger Global shows the mean deviation of 0.6699, and Risk Adjusted Performance of 0.0797. Alger Global Growth technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices.
Alger Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALGER, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALGERALGER |
Alger Global 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.
Alger Global Growth Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alger Global Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alger Global Growth Trend Analysis
Use this graph to draw trend lines for Alger Global Growth. You can use it to identify possible trend reversals for Alger Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alger Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alger Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alger Global Growth applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Alger Global Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 60.59, which is the sum of squared deviations for the predicted Alger Global price change compared to its average price change.About Alger Global Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alger Global Growth on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alger Global Growth based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Alger Global Growth price pattern first instead of the macroeconomic environment surrounding Alger Global Growth. By analyzing Alger Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alger Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alger Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alger Global November 27, 2024 Technical Indicators
Most technical analysis of ALGER 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0797 | |||
Market Risk Adjusted Performance | (2.68) | |||
Mean Deviation | 0.6699 | |||
Semi Deviation | 0.8806 | |||
Downside Deviation | 0.9845 | |||
Coefficient Of Variation | 979.95 | |||
Standard Deviation | 0.9192 | |||
Variance | 0.8448 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0875 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (2.69) | |||
Maximum Drawdown | 4.16 | |||
Value At Risk | (1.57) | |||
Potential Upside | 1.38 | |||
Downside Variance | 0.9693 | |||
Semi Variance | 0.7754 | |||
Expected Short fall | (0.71) | |||
Skewness | (0.36) | |||
Kurtosis | 1.38 |
Alger Global November 27, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ALGER stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 34.94 | ||
Day Typical Price | 34.94 | ||
Price Action Indicator | 0.08 |
Other Information on Investing in ALGER Mutual Fund
Alger Global 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 Global security.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |