Alger Spectra Fund Statistic Functions Beta
| ASPCX Fund | USD 23.90 -0.10 -0.42% |
| Symbol |
This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Alger Spectra correlated with the market. If Beta is less than 0 ALGER SPECTRA generally moves in the opposite direction as compared to the market. If ALGER SPECTRA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alger Spectra is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ALGER SPECTRA is generally in the same direction as the market. If Beta > 1 ALGER SPECTRA moves generally in the same direction as, but more than the movement of the benchmark.
ALGER SPECTRA Technical Analysis Modules
Technical analysis of ALGER SPECTRA uses historical price and volume data to identify patterns that may signal where the ALGER trend is heading. Indicators from different categories - trend, momentum, volume - measure different aspects of ALGER's market behavior.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Methodology, Assumptions & Data Sources
This chart follows ALGER SPECTRA's Statistic Functions across recent years. Consistency across good and bad years can be a sign of durability.
For Alger Spectra Fund, this section uses fund disclosures and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist.