Alger Mid Buy or Sell Recommendation

Macroaxis provides Alger Mid Cap Growth I 2 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 I 2 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 I 2 -- USA Fund  

USD 24.77  0.2  0.81%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth I 2 is 'Buy'.
For the selected time horizon Alger Mid Cap Growth I 2 has a risk adjusted performance of 0.1185, jensen alpha of 0.0405, total risk alpha of (0.11), sortino ratio of 0.0 and treynor ratio of 0.2432
Macroaxis buy, hold, or sell recommendation module can be used to complement current analysts and expert consensus on Alger Mid. Our buy, hold, or sell suggestion engine makes use of analyzes the entity potential to grow using all fundamental data market data available at the time. Use Alger Mid Cap Price to Sales and Ten Year Return to make sure your buy or sell decision on Alger Mid Cap is adequate.

Returns Distribution Density

Mean Return0.17Value At Risk-0.1634
Potential Upside0.814Standard Deviation0.4121
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
= 0.040489 
βBeta against DOW= 0.68 
σ
Overall volatility
= 0.41 
 IrInformation ratio =(0.045) 

Alger Mid Volatility Alert

Alger Mid Cap Growth I 2 exhibits very low volatility with skewness of -0.25 and kurtosis of 2.45. However, we advise investors to further study Alger Mid Cap Growth I 2 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 Earning22.64 times7.6 times
Price to Book3.99 times1.04 times
Price to Sales2.52 times1.03 times
One Year Return(2.71) % 2.3 %
Three Year Return23.56 % 3.97 %
Five Year Return(0.78) % 1.27 %
Ten Year Return3.85 % 1.17 %
Net Asset136.86 M1.37 B
Minimum Initial Investment500 K8.09 M
Last Dividend Paid0.051.05
Cash Position Weight5.82 % 14.48 %
Equity Positions Weight91.88 % 40.68 %
SellBuy
Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1185
Market Risk Adjusted Performance0.2532
Mean Deviation0.2944
Coefficient Of Variation235.62
Standard Deviation0.4121
Variance0.1698
Information Ratio(0.045003)
Jensen Alpha0.0405
Total Risk Alpha(0.11)
Treynor Ratio0.2432
Maximum Drawdown1.26
Value At Risk(0.16)
Potential Upside0.814
Skewness(0.25)
Kurtosis2.45