Alger Mid Buy or Sell Recommendation

Macroaxis provides Alger Mid Cap Growth C 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 C 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 C -- USA Fund  

USD 10.76  0.06  0.55%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth C is 'Strong Hold'.
For the selected time horizon Alger Mid Cap Growth C has a risk adjusted performance of 0.0327, jensen alpha of (0.091211), total risk alpha of (0.24), sortino ratio of (0.24) and treynor ratio of 0.0499
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 Return0.040343Value At Risk1.11
Potential Upside0.94Standard Deviation0.67
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.09
βBeta against DOW=0.61
σ
Overall volatility
=0.69
 IrInformation ratio =0.25

Alger Mid Volatility Alert

Alger Mid Cap Growth C exhibits relatively low volatility with skewness of -0.15 and kurtosis of -0.6. However, we advice investors to further investigate Alger Mid Cap Growth C to make sure all market statistics is disseminated and is consistent with investors' estimations about Alger Mid upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare Alger Mid to competition
FundamentalsAlger MidPeer Average
Price to Earning23.41 times7.6 times
Price to Book3.82 times1.04 times
Price to Sales2.53 times1.03 times
One Year Return(4.35) % 2.3 %
Three Year Return22.19 % 3.97 %
Five Year Return(1.88) % 1.27 %
Ten Year Return2.51 % 1.17 %
Net Asset187.04 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight3.84 % 14.48 %
Equity Positions Weight94.19 % 40.68 %
SellBuy
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0327
Market Risk Adjusted Performance0.0599
Mean Deviation0.5386
Semi Deviation0.5985
Downside Deviation0.7012
Coefficient Of Variation1665.8
Standard Deviation0.672
Variance0.4516
Information Ratio(0.25)
Jensen Alpha(0.091211)
Total Risk Alpha(0.24)
Sortino Ratio(0.24)
Treynor Ratio0.0499
Maximum Drawdown2.5
Value At Risk(1.11)
Potential Upside0.939
Downside Variance0.4916
Semi Variance0.3582
Expected Short fall(0.63)
Skewness(0.15)
Kurtosis(0.6)