Alger Dynamic Mutual Fund Forecast - Accumulation Distribution
| SPEDX Fund | USD 18.53 0.01 0.05% |
Alger Mutual Fund Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Alger Dynamic stock prices and determine the direction of Alger Dynamic Opportunities's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Alger Dynamic's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Alger Dynamic to cross-verify your projections. Alger |
Most investors in Alger Dynamic cannot accurately predict what will happen the next trading day because, historically, fund markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Alger Dynamic's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Alger Dynamic's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Alger Dynamic is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Alger Dynamic Opportunities to determine if accumulation or reduction is taking place in the market. This value is adjusted by Alger Dynamic trading volume to give more weight to distributions with higher volume over lower volume.| Check Alger Dynamic Volatility | Backtest Alger Dynamic | Information Ratio |
Alger Dynamic Trading Date Momentum
| On May 20 2024 Alger Dynamic Opportunities was traded for 18.53 at the closing time. The highest daily price throughout the period was 18.53 and the lowest price was 18.53 . There was no trading activity during the period 0.0. Lack of trading volume on 05/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Alger Dynamic
For every potential investor in Alger, whether a beginner or expert, Alger Dynamic's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Alger Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Alger. Basic forecasting techniques help filter out the noise by identifying Alger Dynamic's price trends.Alger Dynamic Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alger Dynamic mutual fund to make a market-neutral strategy. Peer analysis of Alger Dynamic could also be used in its relative valuation, which is a method of valuing Alger Dynamic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Alger Dynamic Opport Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Alger Dynamic's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Alger Dynamic's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Alger Dynamic Market Strength Events
Market strength indicators help investors to evaluate how Alger Dynamic mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alger Dynamic shares will generate the highest return on investment. By undertsting and applying Alger Dynamic mutual fund market strength indicators, traders can identify Alger Dynamic Opportunities entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.53 | |||
| Day Typical Price | 18.53 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 54.83 |
Alger Dynamic Risk Indicators
The analysis of Alger Dynamic's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Alger Dynamic's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting alger mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5885 | |||
| Semi Deviation | 0.6751 | |||
| Standard Deviation | 0.7793 | |||
| Variance | 0.6074 | |||
| Downside Variance | 0.598 | |||
| Semi Variance | 0.4558 | |||
| Expected Short fall | (0.68) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of Alger Dynamic to cross-verify your projections. Note that the Alger Dynamic Opport information on this page should be used as a complementary analysis to other Alger Dynamic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.