The Alger Etf Performance
| ALAI Etf | 29.02 0.35 1.22% |
The etf shows a Beta (market volatility) of -0.0741, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alger ETF are expected to decrease at a much lower rate. During the bear market, Alger ETF is likely to outperform the market.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in The Alger ETF are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly weak basic indicators, Alger ETF demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | 50,306 Shares in Alger AI Enablers Adopters ETF Purchased by IHT Wealth Management LLC | 04/24/2025 |
2 | Investment Report - news.stocktradersdaily.com | 06/06/2025 |
Alger ETF Relative Risk vs. Return Landscape
If you would invest 2,372 in The Alger ETF on March 12, 2025 and sell it today you would earn a total of 530.00 from holding The Alger ETF or generate 22.34% return on investment over 90 days. The Alger ETF is currently generating 0.3666% in daily expected returns and assumes 2.914% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of etfs are less volatile than Alger, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Alger ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alger ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as The Alger ETF, and traders can use it to determine the average amount a Alger ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1258
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Estimated Market Risk
| 2.91 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Alger ETF is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alger ETF by adding it to a well-diversified portfolio.
About Alger ETF Performance
By evaluating Alger ETF's fundamental ratios, stakeholders can gain valuable insights into Alger ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Alger ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Alger ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Alger ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: Investment Report - news.stocktradersdaily.com |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Alger ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Alger ETF is measured differently than its book value, which is the value of Alger that is recorded on the company's balance sheet. Investors also form their own opinion of Alger ETF's value that differs from its market value or its book value, called intrinsic value, which is Alger ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alger ETF's market value can be influenced by many factors that don't directly affect Alger ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alger ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alger ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alger ETF'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.