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Alpha Healthcare Acquisition Corp. III (ALPAU)

Equity · Currency in USD · Last updated Apr 1, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Alpha Healthcare Acquisition Corp. III in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,932 for a total return of roughly -0.68%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.68%
-2.27%
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)

S&P 500

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Return

Alpha Healthcare Acquisition Corp. III had a return of 1.70% year-to-date (YTD) and 3.88% in the last 12 months. Over the past 10 years, Alpha Healthcare Acquisition Corp. III had an annualized return of -0.36%, while the S&P 500 had an annualized return of -1.22%, indicating that Alpha Healthcare Acquisition Corp. III did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month1.09%3.51%
Year-To-Date1.70%7.03%
6 months3.16%12.88%
1 year3.88%-10.71%
5 years (annualized)-0.36%-1.22%
10 years (annualized)-0.36%-1.22%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.20%0.40%
20221.25%-0.93%1.23%1.11%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Alpha Healthcare Acquisition Corp. III Sharpe ratio is 0.97. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
0.97
-0.46
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)

Dividend History


Alpha Healthcare Acquisition Corp. III doesn't pay dividends

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.68%
-14.33%
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Alpha Healthcare Acquisition Corp. III. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Alpha Healthcare Acquisition Corp. III is 20.00%, recorded on May 7, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20%Mar 30, 202127May 7, 2021
-2.44%Mar 23, 20211Mar 23, 20212Mar 25, 20213
-1.46%Mar 26, 20211Mar 26, 20211Mar 29, 20212

Volatility Chart

Current Alpha Healthcare Acquisition Corp. III volatility is 8.15%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
8.15%
15.42%
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)