Alger Mutual Fund Alpha and Beta Analysis

ALEAX
 Fund
  

USD 8.03  0.17  2.16%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alger Weatherbie Enduring. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alger Weatherbie over a specified time horizon. Remember, high Alger Weatherbie's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Alger Weatherbie Backtesting, Portfolio Optimization, Alger Weatherbie Correlation, Alger Weatherbie Hype Analysis, Alger Weatherbie Volatility, Alger Weatherbie History and analyze Alger Weatherbie Performance.
  
Please note that although Alger Weatherbie alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Alger Weatherbie did 0.13  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Alger Weatherbie Enduring fund's relative risk over its benchmark. Alger Weatherbie Enduring has a beta of 1.41  . Let's try to break down what Alger's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alger Weatherbie will likely underperform.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Alger Weatherbie Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alger Weatherbie market risk premium is the additional return an investor will receive from holding Alger Weatherbie 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 Weatherbie. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Alger Weatherbie's performance over market.
α0.13   β1.41
90 days against DJI

Alger Weatherbie expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Alger Weatherbie's Buy-and-hold return. Our buy-and-hold chart shows how Alger Weatherbie performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Alger Weatherbie Market Price Analysis

Market price analysis indicators help investors to evaluate how Alger Weatherbie mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alger Weatherbie shares will generate the highest return on investment. By understating and applying Alger Weatherbie mutual fund market price indicators, traders can identify Alger Weatherbie position entry and exit signals to maximize returns.

Alger Weatherbie Return and Market Media

The median price of Alger Weatherbie for the period between Mon, May 16, 2022 and Sun, Aug 14, 2022 is 7.01 with a coefficient of variation of 5.13. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 7.07, and mean deviation of 0.28. The Fund received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
METALLICA And YOUSICIAN Launch Courses Inviting Fans to Play...06/14/2022
2
Amazon Announces The First Group Of Its Black Founders Build...07/12/2022
3
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About Alger Weatherbie Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Alger Weatherbie Enduring has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Alger Weatherbie Investors Sentiment

The influence of Alger Weatherbie's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alger. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alger Weatherbie in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alger Weatherbie's short interest history, or implied volatility extrapolated from Alger Weatherbie options trading.

Build Portfolio with Alger Weatherbie

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please continue to Alger Weatherbie Backtesting, Portfolio Optimization, Alger Weatherbie Correlation, Alger Weatherbie Hype Analysis, Alger Weatherbie Volatility, Alger Weatherbie History and analyze Alger Weatherbie Performance. Note that the Alger Weatherbie Enduring information on this page should be used as a complementary analysis to other Alger Weatherbie'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.

Complementary Tools for Alger Mutual Fund analysis

When running Alger Weatherbie Enduring price analysis, check to measure Alger Weatherbie'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 Weatherbie is operating at the current time. Most of Alger Weatherbie's value examination focuses on studying past and present price action to predict the probability of Alger Weatherbie's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alger Weatherbie's price. Additionally, you may evaluate how the addition of Alger Weatherbie to your portfolios can decrease your overall portfolio volatility.
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Alger Weatherbie 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, stock market cycles, or different charting patterns.
A focus of Alger Weatherbie technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alger Weatherbie trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...