ALGER SPECTRA Standard Deviation
| ASPCX Fund | | | USD 22.71 -0.85 -3.61% |
The Standard Deviation 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 housing.
Alger Spectra Fund has current Standard Deviation of 1.46. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 1.46 | |
Standard Deviation Peers Comparison
Standard Deviation Relative To Other Indicators
Alger Spectra Fund is rated
third in standard deviation among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
4.32 of Maximum Drawdown per Standard Deviation. At
4.32 , Alger Spectra Fund's Maximum Drawdown-to-Standard Deviation multiple reflects the spread between these metrics
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
Compare ALGER SPECTRA to Peers
Other Technical Indicators