Loading...








Recently Launched!
Check out Investor Copilot custom GPT, which lets you enjoy ChatGPT functionality with recent financial information
Conversationally interact with ChatGPT to now analyze updated prices, technical indicators, financial statements, macro-economic/company news & more for Stocks, ETFs & Cryptos
Note: Free to use

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

Data updated 2024-Dec-20 (Friday)
 


Quick Instructional video for this page. Collapse this after viewing by clicking How-to button above. Open in new tab 

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 $59,115.00 23.23%
Bitcoin USD $144,480.03 56.77%
Apple Inc. $50,898.00 20.00%
Alter stock/etf symbol & quantity above as desired. Use AutoComplete functionality to ensure correct ticker symbol used for which data is available

Results Below
Sign Up or Login to save portfolio for future

  Jensen Alpha
Portfolio $254,493.03 As of 2024-Dec-20 Friday
α 1m-Alpha +5.40% α 3m-Alpha +25.76%
α 6m-Alpha +23.31% α 1y-Alpha +37.40%

Quick Interpretation

1-month alpha of +5.4% shows that Portolio generated some excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned -1.1% in the 1-month period as compared to the portfolio which returned +3.4% . Calculation used a Portfolio Beta of 1.59
3-month alpha of +25.8% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +2.6% in the 3-month period as compared to the portfolio which returned +29.2% . Calculation used a Portfolio Beta of 1.52
6-month alpha of +23.3% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +6.9% in the 6-month period as compared to the portfolio which returned +32.6% . Calculation used a Portfolio Beta of 1.49
1-year alpha of +37.4% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +23.1% in the 1-year period as compared to the portfolio which returned +66.5% . Calculation used a Portfolio Beta of 1.31

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
Analyze Portfolios instantly with the available tools










Ask brAIn  Experimental
  •  Hi! Ask me something. Use names or tickers to identify stock / etf / crypto symbols (e.g. aapl for Apple Inc.) . Click on below for examples of queries, list of special shortcuts & more