Alger Mutual Fund Technical Analysis

ALEAX
 Fund
  

USD 6.86  0.08  1.18%   

As of the 4th of July, Alger Weatherbie shows the risk adjusted performance of (0.26), and Mean Deviation of 1.86. Alger Weatherbie Enduring 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. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Alger Weatherbie Enduring, which can be compared to its rivals. Please confirm Alger Weatherbie Enduring variance, as well as the relationship between the value at risk and skewness to decide if Alger Weatherbie Enduring is priced correctly, providing market reflects its regular price of 6.86 per share.
  
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Alger Weatherbie 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 Alger
Alger Weatherbie'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.
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...

Alger Weatherbie Enduring Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Alger Weatherbie Enduring volatility developed by Welles Wilder.
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Alger Weatherbie Enduring Trend Analysis

Use this graph to draw trend lines for Alger Weatherbie Enduring. You can use it to identify possible trend reversals for Alger Weatherbie 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 Weatherbie price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alger Weatherbie Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alger Weatherbie Enduring applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may suggest that Alger Weatherbie Enduring market price will keep on failing further. It has 122 observation points and a regression sum of squares at 46.2, which is the sum of squared deviations for the predicted Alger Weatherbie price change compared to its average price change.

About Alger Weatherbie 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 Weatherbie Enduring 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 Weatherbie Enduring based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Alger Weatherbie Enduring stock first instead of the macroeconomic environment surrounding Alger Weatherbie Enduring. By analyzing Alger Weatherbie'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 Weatherbie'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 Weatherbie specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alger Weatherbie July 4, 2022 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.

Alger Weatherbie Enduring One Year Return

Based on the recorded statements, Alger Weatherbie Enduring has an One Year Return of -21.97%. This is 2275.25% lower than that of the family and notably lower than that of the One Year Return category. The one year return for all United States funds is notably higher than that of the company.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Please continue to Trending Equities. 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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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Please note, there is a significant difference between Alger Weatherbie's value and its price as these two are different measures arrived at by different means. Investors typically determine Alger Weatherbie value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger Weatherbie'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.