PortfoliosLab logo

Alpha Healthcare Acquisition Corp. III (ALPAU)

Equity · Currency in USD · Last updated Nov 30, 2022

Company Info

ISINUS02073F2039
CUSIP02073F203
SectorFinancial Services
IndustryShell Companies

Trading Data

Previous Close$9.86
Year Range$9.70 - $10.00
EMA (50)$9.81
EMA (200)$9.81
Average Volume$1.24K

ALPAUShare Price Chart


Loading data...

ALPAUPerformance

The chart shows the growth of $10,000 invested in Alpha Healthcare Acquisition Corp. III in Mar 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,659 for a total return of roughly -3.41%. All prices are adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%JulyAugustSeptemberOctoberNovember
1.96%
-3.50%
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)

ALPAUCompare to other instruments

Search for stocks, ETFs, and funds to compare with ALPAU

ALPAUReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M1.23%1.45%
6M1.96%-4.82%
YTD0.20%-16.96%
1Y-0.40%-13.86%
5Y-2.23%-3.86%
10Y-2.23%-3.86%

ALPAUMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.21%0.00%0.41%0.73%-1.64%0.00%0.41%0.00%1.25%-0.93%1.23%
2021-1.46%-8.12%-4.74%0.00%12.22%0.10%-0.00%-0.40%0.51%-0.60%

ALPAUSharpe 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 -0.07. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovember
-0.07
-0.63
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)

ALPAUDividend History


Alpha Healthcare Acquisition Corp. III doesn't pay dividends

ALPAUDrawdowns 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%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-3.41%
-17.49%
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)

ALPAUWorst 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

ALPAUVolatility Chart

Current Alpha Healthcare Acquisition Corp. III volatility is 7.49%. 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%JulyAugustSeptemberOctoberNovember
7.49%
13.39%
ALPAU (Alpha Healthcare Acquisition Corp. III)
Benchmark (^GSPC)