Industry description
The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that, at the time of purchase of the securities, have total market capitalization between (1) the higher of (a) $5 billion or (b) the company in either the Russell 2000 Growth Index or the MSCI USA Small Cap Index with the highest capitalization, and (2) the company in either index with the lowest capitalization, at any time during the most recent 12-month period as reported by either index. Both indexes are broad-based indexes of small capitalization stocks.
Market Cap
The average market capitalization across the Alger Small Cap Focus Z MF is 6.98B. The market cap for tickers in the group ranges from 1.64B to 8.9B. RGEN holds the highest valuation in this group at 8.9B. The lowest valued company is PRO at 1.64B.
Volume
The average weekly volume growth across all stocks in the Alger Small Cap Focus Z MF was 343%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was 35%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 60
Price Growth Rating: 48
SMR Rating: 72
Profit Risk Rating: 70
Seasonality Score: 0 (-100 ... +100)