Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth C is '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 AMGCX 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 AMGCX 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.
For the selected time horizon Alger Mid Cap Growth C has a risk adjusted performance of (0.07), jensen alpha of (0.08), total risk alpha of (0.04008), sortino ratio of 0.0 and treynor ratio of (0.16)We provide buy or sell advice to complement the prevailing expert consensus on Alger Mid Cap. Our dynamic recommendation engine makes use of multi - dimensional algorithm to analyze the fund potential to grow using all technical and fundamental data available at the time. 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.
Odds of Distress
Alger Mid Returns Distribution Density
|Mean Return||0.12||Value At Risk||4.33|
|Potential Upside||4.49||Standard Deviation||3.02|
Alger Mid Greeks
|Alpha over DOW||=||0.08|
|Beta against DOW||=||0.83|
Alger Mid Volatility Alert
Alger Mid Cap Growth C exhibits very low volatility with skewness of -1.16 and kurtosis of 3.17. However, we advise investors to further study Alger Mid Cap Growth C 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
|Fundamentals||Alger Mid||Peer Average|
|Price to Earning||23.41X||7.60X|
|Price to Book||3.82X||1.04X|
|Price to Sales||2.53X||1.03X|
|One Year Return||(4.35)%||2.30%|
|Three Year Return||22.19%||3.97%|
|Five Year Return||(1.88)%||1.27%|
|Ten Year Return||2.51%||1.17%|
|Minimum Initial Investment||1K||8.09M|
|Cash Position Weight||0.21%||14.48%|
|Equity Positions Weight||98.20%||40.68%|
|Alger Mid Cap generates negative expected return over the last 30 days|
|Alger Mid Cap has high historical volatility and very poor performance|
|On December 18, 2018 Alger Mid paid $ 0.71 per share dividend to its current shareholders|
|The fund generated five year return of -2.0%|
|Alger Mid Cap holds 98.2% 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 Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.