Alger Mid Buy Hold or Sell Recommendation

AMGAX -- USA Fund  

USD 15.50  0.01  0.06%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth A is 'Sell'. 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 AMGAX 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 AMGAX 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

Symbol
Execute Advice
Sell Alger MidBuy Alger Mid
Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon Alger Mid Cap Growth A has a mean deviation of 0.6083, semi deviation of 1.12, standard deviation of 1.05, variance of 1.11, downside variance of 2.33 and semi variance of 1.25
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 Return0.002447Value At Risk0.9
Potential Upside1.31Standard Deviation1.05
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.13
β
Beta against DOW=1.25
σ
Overall volatility
=1.05
Ir
Information ratio =0.11

Alger Mid Volatility Alert

Alger Mid Cap Growth A has relatively low volatility with skewness of -2.15 and kurtosis of 7.81. However, we advise all investors to independently investigate Alger Mid Cap Growth A to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Alger Mid to competition

Alger Mid Fundamental Vs Peers

FundamentalsAlger MidPeer Average
Price to Earning20.97 times7.60 times
Price to Book3.70 times1.04 times
Price to Sales2.13 times1.03 times
One Year Return(7.67) % 2.30 %
Three Year Return21.05 % 3.97 %
Five Year Return(2.12) % 1.27 %
Ten Year Return2.77 % 1.17 %
Net Asset190.84 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight3.01 % 14.48 %
Equity Positions Weight94.68 % 40.68 %

Alger Mid Alerts

Trading Alerts and Improvement Suggestions
The fund generated five year return of -2.0%
Alger Mid Cap Growth A holds 94.68% of its assets under management (AUM) in equities
Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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