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 range of the Russell 2000 Growth Index. The Russell 2000 Growth Index is a broad-based index of small capitalization stocks. It invests at least 25% of its total assets in technology companies focused in the fields of medicine and information.
Market Cap
The average market capitalization across the Alger Small Cap Focus I MF is 6.42B. The market cap for tickers in the group ranges from 134.41M to 11.04B. NTRA holds the highest valuation in this group at 11.04B. The lowest valued company is CABA at 134.41M.
Volume
The average weekly volume growth across all stocks in the Alger Small Cap Focus I MF was 24%. For the same stocks of the MF, the average monthly volume growth was -46% and the average quarterly volume growth was 31%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 71
P/E Growth Rating: 71
Price Growth Rating: 49
SMR Rating: 78
Profit Risk Rating: 49
Seasonality Score: -36 (-100 ... +100)