ALGER SPECTRA Semi Variance
| ASPCX Fund | | | USD 23.56 0.20 0.86% |
The Semi Variance indicator for Alger Spectra Fund is derived from observed market data. For broader technical screening across instruments, see
Equity Screeners.
Trending Equities frames the approach to diversified portfolio design. The portfolio structure determines how individual positions contribute to the whole. Portfolio analysis tools can evaluate how Alger Spectra Fund fits within a broader allocation. The allocation framework in use shapes how individual positions are weighted. Broader economic conditions can influence Alger Spectra Fund's mutual fund valuation — related indicators include
signals in discontinued.
Alger Spectra Fund has current Semi Variance of 0. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 0 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Semi Variance Peers Comparison
Semi Variance Relative To Other Indicators
Alger Spectra Fund is rated
below average in semi variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds .
Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Compare ALGER SPECTRA to Peers
Other Technical Indicators