Alger Mid Buy Hold or Sell Recommendation

AMGOX -- USA Fund  

USD 29.24  0.18  0.61%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth I 2 is '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 AMGOX 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 AMGOX 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
Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Alger Mid Cap Growth I 2 has a risk adjusted performance of 0.0527, jensen alpha of 0.0958, total risk alpha of 0.48, sortino ratio of 0.00023093 and treynor ratio of 0.3944
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.

Alger Mid Returns Distribution Density

Mean Return0.18Value At Risk3.68
Potential Upside2.13Standard Deviation1.76
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.1
β
Beta against DOW=0.42
σ
Overall volatility
=1.85
Ir
Information ratio =0.0004

Alger Mid Volatility Alert

Alger Mid Cap Growth I 2 currently demonstrates below average downside deviation of 2.76. It has Information Ratio of 0.0 and Jensen Alpha of 0.1. However, we do advice investors to further question Alger Mid Cap Growth I 2 expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.
    
 Better Than Average     
    
 Worse Than Average Compare Alger Mid to competition

Alger Mid Fundamental Vs Peers

FundamentalsAlger MidPeer Average
Price to Earning22.64 times7.60 times
Price to Book3.99 times1.04 times
Price to Sales2.52 times1.03 times
One Year Return(2.71) % 2.30 %
Three Year Return23.56 % 3.97 %
Five Year Return(0.78) % 1.27 %
Ten Year Return3.85 % 1.17 %
Net Asset147.14 M1.37 B
Minimum Initial Investment500 K8.09 M
Cash Position Weight5.92 % 14.48 %
Equity Positions Weight91.83 % 40.68 %

Alger Mid Alerts

Trading Alerts and Improvement Suggestions

The fund generated five year return of -1.0%
Alger Mid Cap Growth I 2 holds about 5.92% of its assets under management (AUM) in cash
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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