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

Data updated 2024-Mar-01 (Friday)

 


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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 $50,798.00 28.59%
Bitcoin USD $90,568.95 50.98%
Apple Inc. $36,284.00 20.42%
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 $177,650.95 As of 2024-Feb-29 Thursday
α 1m-Alpha +18.16% α 3m-Alpha +17.86%
α 6m-Alpha +35.79% α 1y-Alpha +46.29%
Missing Data for AAPL in date range. Reasons: [AAPL] has data only up to 2024-02-28. Alpha Values may be affected

Quick Interpretation


1-month alpha of +18.2% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +5.2% in the 1-month period as compared to the portfolio which returned +19.7% . Calculation used a Portfolio Beta of 0.25
3-month alpha of +17.9% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +11.6% in the 3-month period as compared to the portfolio which returned +25.3% . Calculation used a Portfolio Beta of 0.61
6-month alpha of +35.8% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +13.1% in the 6-month period as compared to the portfolio which returned +45.2% . Calculation used a Portfolio Beta of 0.67
1-year alpha of +46.3% shows that Portolio generated significant excess returns adjusting for beta (volatility) & risk free rate . S&P 500 (market benchmark) returned +28.0% in the 1-year period as compared to the portfolio which returned +66.8% . Calculation used a Portfolio Beta of 0.69

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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