Alger Mid Buy Hold or Sell Recommendation

AMGAX -- USA Fund  

USD 15.13  0.36  2.32%

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

Not Rated
For the selected time horizon Alger Mid Cap Growth A has a risk adjusted performance of 0.0, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0 and treynor ratio 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 Greeks

Alpha over DOW
Beta against DOW=0.00
Overall volatility
Information ratio =0.00

Alger Mid Volatility Alert

Alger Mid Cap Growth A exhibits very low volatility with skewness of 0.0 and kurtosis of 0.0. 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 Earning20.97 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 Asset190.44 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight1.28 % 14.48 %
Equity Positions Weight96.56 % 40.68 %

Alger Mid Alerts

Trading Alerts and Improvement Suggestions
The fund generated five year return of -2.0%
Alger Mid Cap Growth A holds 96.56% of its assets under management (AUM) in equities

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Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.