Alger Dynamic Market Risk Adjusted Performance
| ADOCX Fund | | | USD 18.19 0.04 0.22% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for Alger Dynamic Opportunities. Additional screening context is available through
Equity Screeners.
Alger Dynamic Opportunities has current Market Risk Adjusted Performance of 1.14.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 1.14 | |
| ER[a] | = | Expected return on investing in Alger Dynamic |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Alger Dynamic Market Risk Adjusted Performance Peers Comparison
Alger Market Risk Adjusted Performance Relative To Other Indicators
Alger Dynamic Opportunities ranks first in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
2.85 of Maximum Drawdown per Market Risk Adjusted Performance. At
2.85 , Alger Dynamic Opportunities's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
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