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AASOX Alger Small Cap Growth I-2 Forecast, Technical & Fundamental Analysis

Category SmallGrowth
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Shake Shack (NYSE:SHAK).

Industry description

The investment seeks long-term capital appreciation. The advisor focuses on small, fast-growing companies that the manager believes offer innovative products, services or technologies to a rapidly expanding marketplace. Under normal circumstances, the Portfolio invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, including the information technology and healthcare sectors.

Market Cap

The average market capitalization across the Alger Small Cap Growth I-2 MF is 15.72B. The market cap for tickers in the group ranges from 4.73B to 37.17B. VEEV holds the highest valuation in this group at 37.17B. The lowest valued company is MGY at 4.73B.

Volume

The average weekly volume growth across all stocks in the Alger Small Cap Growth I-2 MF was -17%. For the same stocks of the MF, the average monthly volume growth was 29% and the average quarterly volume growth was 15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 75
P/E Growth Rating: 45
Price Growth Rating: 44
SMR Rating: 60
Profit Risk Rating: 32
Seasonality Score: 18 (-100 ... +100)
View a ticker or compare two or three
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A.I. Advisor
published General Information

General Information

Category SmallGrowth

Profile
Fundamentals
Details
Category
Small Growth
Address
Alger Portfolios111 Fifth AvenueNew York
Phone
N/A
Web
www.alger.com/pt/
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
CDTX17.452.33
+15.41%
Cidara Therapeutics
VVPR0.900.04
+5.09%
VivoPower International PLC
MBWM49.040.71
+1.47%
Mercantile Bank Corp
GH30.980.30
+0.98%
Guardant Health
NTRA169.361.48
+0.88%
Natera

AASOX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, AASOX has been closely correlated with VISGX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if AASOX jumps, then VISGX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AASOX
1D Price
Change %
AASOX100%
N/A
VISGX - AASOX
95%
Closely correlated
+1.54%
VSGAX - AASOX
95%
Closely correlated
+1.54%
VSGIX - AASOX
95%
Closely correlated
+1.54%
VEXPX - AASOX
94%
Closely correlated
+1.49%
VEXRX - AASOX
94%
Closely correlated
+1.49%
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