Alpha Healthcare Acquisition Corp. III (ALPAU)

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.

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.

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.

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

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.

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.