Notable companies
The most notable companies in this group are Shake Shack (NYSE:SHAK).
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 a total market capitalization range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It may invest a significant portion of its assets in securities of companies conducting business within a single sector, as defined by third party sources, including the information technology, health care and consumer discretionary sectors.
Market Cap
The average market capitalization across the Alger Small Cap Growth A MF is 15.9B. The market cap for tickers in the group ranges from 4.9B to 38.35B. HEI holds the highest valuation in this group at 38.35B. The lowest valued company is VERX at 4.9B.
Volume
The average weekly volume growth across all stocks in the Alger Small Cap Growth A MF was -23%. For the same stocks of the MF, the average monthly volume growth was 20% and the average quarterly volume growth was 102%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 77
P/E Growth Rating: 70
Price Growth Rating: 46
SMR Rating: 57
Profit Risk Rating: 54
Seasonality Score: 6 (-100 ... +100)