Alger Mid Buy Hold or Sell Recommendation

AMGOX -- USA Fund  

USD 28.32  0.24  0.85%

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

Time Horizon

Risk Tolerance

Symbol
Execute Advice

Alger Mid Current Recommendation

SellBuy
Not Rated
For the selected time horizon Alger Mid Cap Growth I 2 has a risk adjusted performance of 0.0, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0 and treynor ratio of 0.0
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 Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.03
Ir
Information ratio =0.00

Alger Mid Volatility Alert

Alger Mid Cap Growth I 2 exhibits very low volatility with skewness of 0.0 and kurtosis of 0.0. 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

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 Asset146.61 M1.37 B
Minimum Initial Investment500 K8.09 M
Cash Position Weight2.40 % 14.48 %
Equity Positions Weight95.37 % 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 95.37% of its assets under management (AUM) in equities

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Check also Alger Mid Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.