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α Online Jensen Alpha Calculator for Portfolio for Stocks, Etfs & Crypto

Data updated 2024-Dec-12 (Thursday)

 


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Specify Stock/ETF/Cryptos & quantities to instantly view Jensen's Alpha for portfolio using recent financial data. Jensen's Alpha measures outperformance (excess risk-adjusted return) above market return using recent historical performance (upto 1-year). Aiolux automatically calculates Jensen Alpha for your portfolio over different time horizons so that you dont have to do the tedious calculations

Provided As-is for informational/educational purposes only and should not be construed as investment advice . Past performance may not be not indicative of future results. Always consult your Investment Adviser before any decision

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Portfolio
  Symbol Units Name Holding Allocation
SPDR S&P 500 ETF $60,746.00 23.19%
Bitcoin USD $151,906.41 57.99%
Apple Inc. $49,298.00 18.82%
Alter stock/etf symbol & quantity above as desired. Use AutoComplete functionality to ensure correct ticker symbol used for which data is available



  Jensen Alpha
Portfolio $261,950.41 As of 2024-Dec-11 Wednesday
α 1m-Alpha +9.24% α 3m-Alpha +28.02%
α 6m-Alpha +15.06% α 1y-Alpha +36.76%

Quick Interpretation


1-month alpha of +9.2% shows that Portolio generated some excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +1.4% in the 1-month period as compared to the portfolio which returned +10.3% . Calculation used a Portfolio Beta of 0.70
3-month alpha of +28.0% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +9.5% in the 3-month period as compared to the portfolio which returned +41.1% . Calculation used a Portfolio Beta of 1.41
6-month alpha of +15.1% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +13.2% in the 6-month period as compared to the portfolio which returned +33.4% . Calculation used a Portfolio Beta of 1.46
1-year alpha of +36.8% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +29.3% in the 1-year period as compared to the portfolio which returned +72.6% . Calculation used a Portfolio Beta of 1.26

Interpretation for Portfolio Alpha is a starting-point and does NOT account for important factors such as the amount of cash held etc. Red represents no excess alpha in gauges; Yellow represents significant excess alpha & Green represents huge excess alpha


Related Resources for Portfolio
  Performance & Drawdowns : Benchmark Portfolio performance & Drawdown analysis
  Portfolio Seasonality : Absolute/Benchmarked performance through calendar months
  Risk Reward Ratios : Evaluate Risk-Reward tradeoff with Sharpe & Sortino ratios
  Portfolio Alpha : Quantify portfolio outperformance with Jensen's Alpha Currently Viewing
  Portfolio Beta : Analyze portfolio volatility with Portfolio Beta
  Correlation Matrix : Correlations between Portfolio constituents & find other uncorrelated/negatively correlated assets
  Value At Risk : Historical distribution of daily Portfolio drawdowns
  Dollar Cost Averaging : Dollar Cost Averaging (DCA) individual stocks in your portfolio










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