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

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Alger Mid Cap Growth I 2 -- USA Fund  

USD 26.11  0.16  0.62%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Alger Mid Cap Growth I 2 is 'Strong Hold'.
For the selected time horizon Alger Mid Cap Growth I 2 has a risk adjusted performance of 0.1217, jensen alpha of (0.011814), total risk alpha of (0.16), sortino ratio of 0.0 and treynor ratio of 0.2095
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 Return0.16Value At Risk0.63
Potential Upside0.91Standard Deviation0.53
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.01
β
Beta against DOW=0.73
σ
Overall volatility
=0.39
Ir
Information ratio =0.14

Alger Mid Volatility Alert

Alger Mid Cap Growth I 2 exhibits very low volatility with skewness of -0.62 and kurtosis of 0.74. 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 Asset140.76 M1.37 B
Minimum Initial Investment500 K8.09 M
Last Dividend Paid0.051.05
Cash Position Weight2.48 % 14.48 %
Equity Positions Weight95.14 % 40.68 %
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1217
Market Risk Adjusted Performance0.2195
Mean Deviation0.3942
Coefficient Of Variation326.29
Standard Deviation0.531
Variance0.2819
Information Ratio(0.14)
Jensen Alpha(0.011814)
Total Risk Alpha(0.16)
Treynor Ratio0.2095
Maximum Drawdown1.49
Value At Risk(0.63)
Potential Upside0.9123
Skewness(0.62)
Kurtosis0.7376