Alger Mid Buy Hold or Sell Recommendation

AMGCX -- USA Fund  

USD 12.54  0.02  0.16%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth C is 'Strong Hold'. 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 AMGCX 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 AMGCX buy-and-hold prospective. Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Alger MidBuy Alger Mid
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Alger Mid Cap Growth C has a risk adjusted performance of 0.0506, jensen alpha of 0.008264, total risk alpha of 0.29, sortino ratio of 0.047477 and treynor ratio of 0.1527
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.

Alger Mid Returns Distribution Density

Mean Return0.10Value At Risk2.19
Potential Upside1.20Standard Deviation1.05
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.0083
β
Beta against DOW=0.62
σ
Overall volatility
=1.07
Ir
Information ratio =0.07

Alger Mid Volatility Alert

Alger Mid Cap Growth C has relatively low volatility with skewness of -1.19 and kurtosis of 1.5. However, we advise all investors to independently investigate Alger Mid Cap Growth C 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 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 Asset189.78 M1.37 B
Minimum Initial Investment1 K8.09 M
Cash Position Weight4.75 % 14.48 %
Equity Positions Weight93.06 % 40.68 %

Alger Mid Alerts

Trading Alerts and Improvement Suggestions

Latest headline from www.thecoinguild.com: Market Watch Investors Taking a Second Look at Cintas Corporation After Recent Market Moves
The fund generated five year return of -2.0%
Alger Mid Cap Growth C holds 93.06% of its assets under management (AUM) in equities
Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com