Algo version: 0.98b
Alger Mid Cap 40 ETF is listed at the AMEX Exchange
Alger Mid Cap 40 ETF [FRTY]
AMEX Sector: Financial Services Industry:Asset Management

Is Alger Mid Cap 40 ETF stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Alger Mid Cap 40 ETF pays dividends. Last time was Friday 31st of December 2021 where the investors holding the stock on Thursday 16th of December 2021 were paid $1.069 per share. Over the last 1 times between 2021 and 2021, Alger Mid Cap 40 ETF has paid $1.069 with an average of $1.07 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Alger Mid Cap 40 ETF 10 years ago, but if you had invested on Monday 1st of March 2021 when the price was $20.65, you would have made a loss of $-1.280 per share or -6.20%

No, the average daily trading liquidity for Alger Mid Cap 40 ETF is $35 104 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Alger Mid Cap 40 ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Alger Mid Cap 40 ETF to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.