Alger Mid Buy Hold or Sell Recommendation

AMGAX -- USA Fund  

USD 16.13  0.55  3.53%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth A is 'Buy'. 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
Buy

Volatility

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 risk adjusted performance of 0.0663, jensen alpha of 0.0887, total risk alpha of 0.14, sortino ratio of 0.0658 and treynor ratio of 0.1523
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 Return0.23Value At Risk1.83
Potential Upside2.10Standard Deviation1.52
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.09
β
Beta against DOW=1.47
σ
Overall volatility
=1.52
Ir
Information ratio =0.09

Alger Mid Volatility Alert

Alger Mid Cap Growth A has relatively low volatility with skewness of -0.92 and kurtosis of 3.91. However, we advise all investors to independently investigate Alger Mid Cap Growth A to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Alger Mid to competition

Alger Mid Fundamental Vs Peers

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 Asset190.84 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight3.01 % 14.48 %
Equity Positions Weight94.68 % 40.68 %

Alger Mid Alerts

Trading Alerts and Improvement Suggestions

Latest headline from www.thewellesleysnews.com: Stock-research Ratings NVIDIA Corporation , The Stars Group Inc.
The fund generated five year return of -2.0%
Alger Mid Cap Growth A holds 94.68% 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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