Alger Mid Buy Hold or Sell Recommendation

AMGOX -- USA Fund  

USD 24.47  0.37  1.54%

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

Volatility

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 (0.12), jensen alpha of (0.08), total risk alpha of (0.021823), sortino ratio of 0.0 and treynor ratio of (0.18)
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 Return0.21Value At Risk4.02
Potential Upside3.26Standard Deviation2.24
 Return Density 
      Distribution 

Alger Mid Greeks

α
Alpha over DOW
=0.08
β
Beta against DOW=1.22
σ
Overall volatility
=2.22
Ir
Information ratio =0.05

Alger Mid Volatility Alert

Alger Mid Cap Growth I 2 exhibits very low volatility with skewness of 0.02 and kurtosis of -0.62. 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 Earning22.64X7.60X
Price to Book3.99X1.04X
Price to Sales2.52X1.03X
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 Asset133.82M1.37B
Minimum Initial Investment500K8.09M
Cash Position Weight1.30% 14.48%
Equity Positions Weight97.06% 40.68%

Alger Mid Alerts

Trading Alerts and Improvement Suggestions

Alger Mid Cap generates negative expected return over the last 30 days
The fund generated five year return of -1.0%
Alger Mid Cap Growth I 2 holds 97.06% 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Search macroaxis.com