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

Time Horizon

Risk Tolerance

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Alger Mid Cap Growth C -- USA Fund  

USD 11.12  0.25  2.20%

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 0.0724, jensen alpha of 0.0491, total risk alpha of 0.0759, sortino ratio of 0.0 and treynor ratio of 0.1867
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 Cash Position Weight to make sure your buy or sell decision on Alger Mid Cap is adequate.

Returns Distribution Density

Mean Return0.045599Value At Risk1.21
Potential Upside1.23Standard Deviation0.59
 Return Density 

Alger Mid Greeks

Alpha over DOW
Beta against DOW=0.19
Overall volatility
Information ratio =0.18

Alger Mid Volatility Alert

Alger Mid Cap Growth C exhibits very low volatility with skewness of 0.51 and kurtosis of 3.76. 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 times7.60 times
Price to Book3.82 times1.04 times
Price to Sales2.53 times1.03 times
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 Asset185.55 M1.37 B
Minimum Initial Investment1 K8.09 M
Last Dividend Paid0.1141.05
Cash Position Weight4.96 % 14.48 %
Equity Positions Weight92.89 % 40.68 %
Strong Hold


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.0724
Market Risk Adjusted Performance0.1967
Mean Deviation0.2952
Coefficient Of Variation1299.31
Standard Deviation0.5925
Information Ratio0.1792
Jensen Alpha0.0491
Total Risk Alpha0.0759
Treynor Ratio0.1867
Maximum Drawdown2.89
Value At Risk1.21
Potential Upside1.23