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ASIMX
Mutual Fund ticker: NASDAQ
AS OF
Dec 20 closing price
Price
$14.55
Change
+$0.15 (+1.04%)
Net Assets
491.35M

ASIMX Alger Weatherbie Specialized Growth I Forecast, Technical & Fundamental Analysis

Category SmallGrowth
A.I.Advisor
published Highlights

Industry description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of smallcap and midcap companies. Equity securities include common or preferred stocks that are listed on U.S. or foreign exchanges. Smallcap or midcap companies are companies that, at the time of purchase, have total market capitalization within the range of companies included in the Russell 2500 Growth Index or the Russell Midcap Growth Index, respectively, as reported by the indexes as of the most recent quarter-end.

Market Cap

The average market capitalization across the Alger Weatherbie Specialized Growth I MF is 4.87B. The market cap for tickers in the group ranges from 983.83M to 7.89B. SITE holds the highest valuation in this group at 7.89B. The lowest valued company is TRNS at 983.83M.

Volume

The average weekly volume growth across all stocks in the Alger Weatherbie Specialized Growth I MF was 198%. For the same stocks of the MF, the average monthly volume growth was 226% and the average quarterly volume growth was -11%

Fundamental Analysis Ratings

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

Valuation Rating: 74
P/E Growth Rating: 59
Price Growth Rating: 50
SMR Rating: 69
Profit Risk Rating: 48
Seasonality Score: 1 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallGrowth

Profile
Fundamentals
Details
Category
Small Growth
Address
Alger Funds360 Park Avenue SouthNew York
Phone
2128068833
Web
www.alger.com
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ASIMX and MutualFunds

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ASIMX
1D Price
Change %
ASIMX100%
+1.04%
WCMNX - ASIMX
95%
Closely correlated
+0.71%
WCMLX - ASIMX
95%
Closely correlated
+0.62%
VISGX - ASIMX
93%
Closely correlated
+1.17%
VSGAX - ASIMX
93%
Closely correlated
+1.18%
VSGIX - ASIMX
93%
Closely correlated
+1.16%
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