Alger Mid Buy Hold or Sell Recommendation

AMGCX -- USA Fund  

USD 9.97  0.12  0.01%

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.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Alger MidBuy Alger Mid
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
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.

Alger Mid Returns Distribution Density

Mean Return0.12Value At Risk4.33
Potential Upside4.49Standard Deviation3.02
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.08
β
Beta against DOW=0.83
σ
Overall volatility
=3.06
Ir
Information ratio =0.02

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

FundamentalsAlger MidPeer Average
Price to Earning23.41X7.60X
Price to Book3.82X1.04X
Price to Sales2.53X1.03X
One Year Return(4.35)% 2.30%
Three Year Return22.19% 3.97%
Five Year Return(1.88)% 1.27%
Ten Year Return2.51% 1.17%
Net Asset154.87M1.37B
Minimum Initial Investment1K8.09M
Cash Position Weight0.21% 14.48%
Equity Positions Weight98.20% 40.68%

Alger Mid Alerts

Trading Alerts and Improvement Suggestions

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.
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