Alger Mid Buy Hold or Sell Recommendation

AMGAX -- USA Fund  

USD 13.39  0.13  0.96%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth A is 'Cautious Hold'. Macroaxis provides Alger Mid buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AMGAX positions. The advice algorithm takes into account all of Alger Mid Cap available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from AMGAX buy-and-hold prospective. Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Alger MidBuy Alger Mid
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Alger Mid Cap Growth A has a mean deviation of 1.67, semi deviation of 0.0, standard deviation of 2.15, variance of 4.61, downside variance of 0.0 and semi variance of 0.0
This buy or sell advice tool can be used to cross verify current analyst consensus on Alger Mid Cap and to analyze the fund potential to grow in the current economic cycle. Use Alger Mid Cap Price to Sales, Five Year Return as well as the relationship between Five Year Return and Equity Positions Weight to make sure your buy or sell decision on Alger Mid Cap is adequate.

Alger Mid Returns Distribution Density

Mean Return0.18Value At Risk4.11
Potential Upside3.29Standard Deviation2.15
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.18
β
Beta against DOW=0.25
σ
Overall volatility
=2.15
Ir
Information ratio =0.07

Alger Mid Volatility Alert

Alger Mid Cap Growth A exhibits very low volatility with skewness of -0.02 and kurtosis of -0.25. However, we advise investors to further study Alger Mid Cap Growth A technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Alger Mid to competition

Alger Mid Fundamental Vs Peers

FundamentalsAlger MidPeer Average
Price to Earning20.97X7.60X
Price to Book3.70X1.04X
Price to Sales2.13X1.03X
One Year Return(7.67)% 2.30%
Three Year Return21.05% 3.97%
Five Year Return(2.12)% 1.27%
Ten Year Return2.77% 1.17%
Net Asset172.51M1.37B
Minimum Initial Investment1K8.09M
Cash Position Weight0.74% 14.48%
Equity Positions Weight97.57% 40.68%

Alger Mid Alerts

Trading Alerts and Improvement Suggestions

Alger Mid Cap generates negative expected return over the last 30 days
The fund generated five year return of -2.0%
Alger Mid Cap Growth A holds 97.57% of its assets under management (AUM) in equities
Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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