Alger Spectra Fund Technical Analysis
| ASPZX Fund | USD 33.91 0.29 0.86% |
As of the 26th of March, ALGER SPECTRA trades at 33.91 per share. Key technical indicators include risk adjusted performance of -0.05, and Mean Deviation of 1.13. The technical model evaluates historical price movement, trading volume, and volatility patterns to quantify trend strength. Current values are evaluated relative to sector peers and historical ranges.
ALGER SPECTRA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALGER, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALGERALGER |
What if' Analysis
Historical what-if analysis for Alger Spectra Fund is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. The real value is perspective: it shows whether the thesis would have remained investable across different historical windows or depended too heavily on one favorable stretch.
| 12/26/2025 |
| 03/26/2026 |
If you invested 0.00 in ALGER SPECTRA on December 26, 2025 and closed the position today, you would gain 0.00 in total return. This reflects a 0.0% cumulative return in ALGER SPECTRA in aggregate across 90 days. ALGER SPECTRA is related to or competes with Short Real, AEW REAL, Columbia Real, NUVEEN REAL, T ROWE, FRANKLIN REAL, and JHancock Real. The fund invests primarily in the equity securities of companies of any size that the manager believes demonstrate promi... More
Upside and Downside Indicators for ALGER SPECTRA Summary
ALGER SPECTRA upside and downside signals reflect how the fund price has behaved relative to recent trading ranges. All metrics are derived from available inputs and shown for reference.
| Information Ratio | -0.04 | |||
| Maximum Drawdown | 6.35 | |||
| Value At Risk | -2.49 | |||
| Potential Upside | 2.11 |
ALGER SPECTRA Market Risk Indicators Snapshot
Market risk indicators summarize volatility and return dispersion for ALGER SPECTRA. The dataset is based on available price and volume observations.| Risk Adjusted Performance | -0.05 | |||
| Jensen Alpha | -0.05 | |||
| Total Risk Alpha | -0.02 | |||
| Treynor Ratio | -0.10 |
Experienced market participants anticipate that ALGER SPECTRA's price will even out over time. Periods when ALGER SPECTRA's deviates significantly from its historical mean may warrant further fundamental analysis.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.05 | |||
| Market Risk Adjusted Performance | -0.09 | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | -1,397 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 | |||
| Information Ratio | -0.04 | |||
| Jensen Alpha | -0.05 | |||
| Total Risk Alpha | -0.02 | |||
| Treynor Ratio | -0.10 | |||
| Maximum Drawdown | 6.35 | |||
| Value At Risk | -2.49 | |||
| Potential Upside | 2.11 | |||
| Skewness | -0.18 | |||
| Kurtosis | -0.27 |
Alger Spectra Backtested Returns
ALGER SPECTRA appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It exhibits a Sharpe Ratio (Efficiency) of -0.12, highlighting negative adjusted efficiency metrics. We identified twenty-one technical indicators influencing the company's volatility profile. Please review metrics such as risk-adjusted performance of -0.05, and mean deviation of 1.13 to confirm whether our risk estimates align with your expectations. The fund has a Beta of 1.12, which signifies elevated sensitivity to broad market movements. ALGER SPECTRA returns are very sensitive to returns on the market. As the market goes up or down, ALGER SPECTRA is expected to follow.
Auto-correlation | 0.72 |
Good predictability
Alger Spectra Fund shows good predictability when comparing price series from 26th of December 2025 to 9th of February 2026 against from 9th of February 2026 to 26th of March 2026. A strong serial relationship would imply that ALGER SPECTRA's recent trajectory contains information about its near-term direction. With a serial correlation of 0.72, around 72.0% of ALGER SPECTRA's price variation is attributable to patterns in preceding intervals.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
The framework analyzes ALGER SPECTRA using price and volume data. This view uses observed price and volume data across periods.
Technical Analysis
This analysis covers forty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alger Spectra volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of ALGER SPECTRA focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Trend persistence provides context for directional stability. Market sensitivity appears generally aligned with broader economic conditions.
Inputs for Alger Spectra Fund come from fund disclosures and market reference feeds and are mapped into a consistent reporting framework. Some fields can appear with publication lag.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardALGER SPECTRA Technical Indicators
A technical review of Alger Spectra Fund can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. A disciplined technical workflow separates stronger setups from noisier price action.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.05 | |||
| Market Risk Adjusted Performance | -0.09 | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | -1,397 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.04 | |||
| Information Ratio | -0.04 | |||
| Jensen Alpha | -0.05 | |||
| Total Risk Alpha | -0.02 | |||
| Treynor Ratio | -0.10 | |||
| Maximum Drawdown | 6.35 | |||
| Value At Risk | -2.49 | |||
| Potential Upside | 2.11 | |||
| Skewness | -0.18 | |||
| Kurtosis | -0.27 |
March 26, 2026 Daily Trend Indicators
A technical review of Alger Spectra Fund can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. A disciplined technical workflow separates stronger setups from noisier price action.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 33.91 | ||
| Day Typical Price | 33.91 | ||
| Price Action Indicator | 0.14 |