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

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Alger Mid Cap Growth C -- USA Fund  

USD 10.53  0.01  0.1%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth C is 'Hold'.
For the selected time horizon Alger Mid Cap Growth C has a risk adjusted performance of 0.0824, jensen alpha of 0.0521, total risk alpha of (0.11), sortino ratio of 0.0214 and treynor ratio of 0.2049
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 Return0.15Value At Risk-0.3902
Potential Upside0.7813Standard Deviation0.4469
 Return Density 

Alger Mid Greeks

Alpha over DOW
= 0.052119 
βBeta against DOW= 0.68 
Overall volatility
= 0.44 
 IrInformation ratio = 0.0257 

Alger Mid Volatility Alert

Alger Mid Cap Growth C exhibits very low volatility with skewness of -0.5 and kurtosis of 1.95. 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
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 Asset178.6 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight5.76 % 14.48 %
Equity Positions Weight92.25 % 40.68 %

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.0824
Market Risk Adjusted Performance0.2149
Mean Deviation0.3277
Downside Deviation0.5375
Coefficient Of Variation297.46
Standard Deviation0.4469
Information Ratio0.0257
Jensen Alpha0.0521
Total Risk Alpha(0.11)
Sortino Ratio0.0214
Treynor Ratio0.2049
Maximum Drawdown1.76
Value At Risk(0.39)
Potential Upside0.7813
Downside Variance0.2889
Semi Variance(0.019001)
Expected Short fall(0.42)