Alger Mid Cap Etf Technical Analysis
| FRTY Etf | USD 20.46 0.73 3.45% |
As of the 4th of February, Alger Mid shows the mean deviation of 1.25, and Risk Adjusted Performance of (0.03). Alger Mid Cap 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 Mid 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 Mid's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.The market value of Alger Mid Cap 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 Mid's value that differs from its market value or its book value, called intrinsic value, which is Alger Mid'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 Mid's market value can be influenced by many factors that don't directly affect Alger Mid'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 Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Alger Mid's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Alger Mid 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alger Mid's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alger Mid.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in Alger Mid on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Alger Mid Cap or generate 0.0% return on investment in Alger Mid over 90 days. Alger Mid is related to or competes with Direxion Shares, AdvisorShares Dorsey, TCW Compounders, Exchange Listed, ARK Israel, BNY Mellon, and BlackRock ETF. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid-cap compa... More
Alger Mid Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alger Mid's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alger Mid Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.18 |
Alger Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alger Mid's standard deviation. In reality, there are many statistical measures that can use Alger Mid historical prices to predict the future Alger Mid's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.82) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alger Mid's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Alger Mid February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.81) | |||
| Mean Deviation | 1.25 | |||
| Coefficient Of Variation | (2,050) | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.63 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.82) | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.18 | |||
| Skewness | (0.53) | |||
| Kurtosis | 0.5003 |
Alger Mid Cap Backtested Returns
Alger Mid Cap secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the etf had a close to zero % return per unit of standard deviation over the last 3 months. Alger Mid Cap exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alger Mid's mean deviation of 1.25, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alger Mid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alger Mid is expected to be smaller as well.
Auto-correlation | 0.15 |
Insignificant predictability
Alger Mid Cap has insignificant predictability. Overlapping area represents the amount of predictability between Alger Mid time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alger Mid Cap price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Alger Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Alger Mid 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.
Alger Mid Cap Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Mid Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Alger Mid 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 Mid Cap 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 Mid Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Alger Mid Cap price pattern first instead of the macroeconomic environment surrounding Alger Mid Cap. By analyzing Alger Mid'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 Mid'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 Mid specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alger Mid February 4, 2026 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.81) | |||
| Mean Deviation | 1.25 | |||
| Coefficient Of Variation | (2,050) | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.63 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.82) | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.18 | |||
| Skewness | (0.53) | |||
| Kurtosis | 0.5003 |
Alger Mid February 4, 2026 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 | 0.04 | ||
| Daily Balance Of Power | (0.92) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 20.86 | ||
| Day Typical Price | 20.72 | ||
| Price Action Indicator | (0.76) | ||
| Market Facilitation Index | 0.79 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alger Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in poverty. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Alger Mid Cap 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 Mid's value that differs from its market value or its book value, called intrinsic value, which is Alger Mid'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 Mid's market value can be influenced by many factors that don't directly affect Alger Mid'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 Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Alger Mid's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.