ALGER Mutual Fund Quote


USD 20.67  0.79  3.68%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
ALGER CAPITAL is trading at 20.67 as of the 1st of December 2022; that is -3.68 percent decrease since the beginning of the trading day. The fund's open price was 21.46. ALGER CAPITAL has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ALGER CAPITAL APPRECIATION are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2022 and ending today, the 1st of December 2022. Click here to learn more.
The fund invests at least 85 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies of any market capitalization that the Manager believes demonstrate promising growth potential. Alger Capital is traded on NASDAQ Exchange in the United States.. More on ALGER CAPITAL APPRECIATION

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ALGER CAPITAL Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ALGER CAPITAL's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALGER CAPITAL or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ALGER CAPITAL APPREC generated a negative expected return over the last 90 days
The fund holds 99.32% of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ALGER CAPITAL's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Startdate11th of February 2021
ALGER CAPITAL APPRECIATION [ACAAX] is traded in USA and was established 1st of December 2022. The fund is listed under Large Growth category and is part of Alger family. ALGER CAPITAL APPREC presently has accumulated 2.62 B in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 16.88%.
Check ALGER CAPITAL Probability Of Bankruptcy

Instrument Allocation

ALGER CAPITAL Target Price Odds Analysis

Based on a normal probability distribution, the odds of ALGER CAPITAL jumping above the current price in 90 days from now is about 60.54%. The ALGER CAPITAL APPRECIATION probability density function shows the probability of ALGER CAPITAL mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.1969. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ALGER CAPITAL will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ALGER CAPITAL APPREC is significantly underperforming NYSE Composite.
  Odds Below 20.67HorizonTargetOdds Above 20.67
39.18%90 days
Based on a normal probability distribution, the odds of ALGER CAPITAL to move above the current price in 90 days from now is about 60.54 (This ALGER CAPITAL APPRECIATION probability density function shows the probability of ALGER Mutual Fund to fall within a particular range of prices over 90 days) .


Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALGER CAPITAL market risk premium is the additional return an investor will receive from holding ALGER CAPITAL long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ALGER CAPITAL. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ALGER CAPITAL's alpha and beta are two of the key measurements used to evaluate ALGER CAPITAL's performance over the market, the standard measures of volatility play an important role as well.

ALGER CAPITAL Against Markets

Picking the right benchmark for ALGER CAPITAL mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ALGER CAPITAL mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ALGER CAPITAL is critical whether you are bullish or bearish towards ALGER CAPITAL APPRECIATION at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ALGER CAPITAL without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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The danger of trading ALGER CAPITAL APPRECIATION is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ALGER CAPITAL is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ALGER CAPITAL. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALGER CAPITAL APPREC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the ALGER CAPITAL APPREC information on this page should be used as a complementary analysis to other ALGER CAPITAL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running ALGER CAPITAL APPREC price analysis, check to measure ALGER CAPITAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ALGER CAPITAL is operating at the current time. Most of ALGER CAPITAL's value examination focuses on studying past and present price action to predict the probability of ALGER CAPITAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ALGER CAPITAL's price. Additionally, you may evaluate how the addition of ALGER CAPITAL to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ALGER CAPITAL's value and its price as these two are different measures arrived at by different means. Investors typically determine ALGER CAPITAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALGER CAPITAL'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.