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

Data updated 2024-Apr-24 (Wednesday)
 


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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

Share       
Portfolio
  Symbol Units Name Holding Allocation
SPDR S&P 500 ETF $50,541.00 28.07%
Bitcoin USD $95,681.33 53.15%
Apple Inc. $33,804.00 18.78%
Alter stock/etf symbol & quantity above as desired. Use AutoComplete functionality to ensure correct ticker symbol used for which data is available

Results Below
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  Jensen Alpha
Portfolio $180,026.33 As of 2024-Apr-24 Wednesday
α 1m-Alpha +2.09% α 3m-Alpha +19.89%
α 6m-Alpha +27.31% α 1y-Alpha +31.98%

Quick Interpretation

1-month alpha of +2.1% shows that Portolio generated some excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned -3.1% in the 1-month period as compared to the portfolio which returned -0.6% . Calculation used a Portfolio Beta of 0.87
3-month alpha of +19.9% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +4.2% in the 3-month period as compared to the portfolio which returned +23.3% . Calculation used a Portfolio Beta of 0.76
6-month alpha of +27.3% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +19.4% in the 6-month period as compared to the portfolio which returned +40.3% . Calculation used a Portfolio Beta of 0.63
1-year alpha of +32.0% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +25.0% in the 1-year period as compared to the portfolio which returned +48.6% . Calculation used a Portfolio Beta of 0.60

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