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

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Alger Mid Cap Growth A -- USA Fund  

USD 13.28  0.01  0.0754%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth A is 'Sell'.
For the selected time horizon Alger Mid Cap Growth A has a mean deviation of 0.2869, standard deviation of 0.4116, variance of 0.1694, downside variance of 0.2533, semi variance of (0.013592) and expected short fall of (0.34)
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 Return0.11Value At Risk-0.3096
Potential Upside0.6966Standard Deviation0.4116
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
= 0.07704 
βBeta against DOW= 0.2 
σ
Overall volatility
= 0.4 
 IrInformation ratio =(0.0539) 

Alger Mid Volatility Alert

Alger Mid Cap Growth A exhibits very low volatility with skewness of -0.25 and kurtosis of 2.54. 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 times7.6 times
Price to Book3.7 times1.04 times
Price to Sales2.13 times1.03 times
One Year Return(7.67) % 2.3 %
Three Year Return21.05 % 3.97 %
Five Year Return(2.12) % 1.27 %
Ten Year Return2.77 % 1.17 %
Net Asset178.6 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight5.76 % 14.48 %
Equity Positions Weight92.25 % 40.68 %
SellBuy
Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0665
Market Risk Adjusted Performance0.5205
Mean Deviation0.2869
Downside Deviation0.5033
Coefficient Of Variation368.38
Standard Deviation0.4116
Variance0.1694
Information Ratio(0.053922)
Jensen Alpha0.077
Total Risk Alpha(0.12)
Sortino Ratio(0.044097)
Treynor Ratio0.5105
Maximum Drawdown1.32
Value At Risk(0.31)
Potential Upside0.6966
Downside Variance0.2533
Semi Variance(0.013592)
Expected Short fall(0.34)
Skewness(0.25)
Kurtosis2.54