ALGER GLOBAL Market Risk Adjusted Performance
| CHUCX Fund | | | USD 22.73 -0.68 -2.90% |
The Market Risk Adjusted Performance profile for Alger Global Growth is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners. Diversification context is available through
Trending Equities. Diversification context helps frame allocation across holdings. A position in Alger Global Growth appears within the mix. The position is captured in the allocation summary. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
Alger Global Growth has current Market Risk Adjusted Performance of 0.1243.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.1243 | |
| ER[a] | = | Expected return on investing in ALGER GLOBAL |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Alger Global Growth is rated
fifth in market risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
100.10 of Maximum Drawdown per Market Risk Adjusted Performance. At
100.10 , Alger Global Growth's Maximum Drawdown-to-Market Risk Adjusted Performance multiple reflects the spread between these metrics
Other Technical Indicators