Alger Mid Buy or Sell Recommendation

Macroaxis provides Alger Mid Cap Growth A buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Alger Mid positions. The advice algorithm takes into account all of Alger Mid Cap Growth A available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Alger Mid buy-and-hold prospective. Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

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Alger Mid Cap Growth A -- USA Fund  

USD 13.96  0.04  0.29%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth A is 'Hold'.
For the selected time horizon Alger Mid Cap Growth A has a risk adjusted performance of 0.20, jensen alpha of 0.11, total risk alpha of 0.038549, sortino ratio of 0.0 and treynor ratio of 0.54
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.

Returns Distribution Density

Mean Return0.15Value At Risk3.06
Potential Upside1.65Standard Deviation1.33
 Return Density 

Alger Mid Greeks

Alpha over DOW
Beta against DOW=0.30
Overall volatility
Information ratio =0.0001

Alger Mid Volatility Alert

Alger Mid Cap Growth A exhibits very low volatility with skewness of -1.07 and kurtosis of 1.36. 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
FundamentalsAlger MidPeer Average
Price to Earning20.97 times7.60 times
Price to Book3.70 times1.04 times
Price to Sales2.13 times1.03 times
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 Asset184.59 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight1.03 % 14.48 %
Equity Positions Weight96.82 % 40.68 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.20
Market Risk Adjusted Performance0.53
Mean Deviation0.9052
Coefficient Of Variation882.44
Standard Deviation1.33
Information Ratio0.00010408
Jensen Alpha0.11
Total Risk Alpha0.038549
Treynor Ratio0.54
Maximum Drawdown4.37
Value At Risk3.06
Potential Upside1.65