ALVOX vs. BCH-USD
Compare and contrast key facts about Alger Capital Appreciation Portfolio (ALVOX) and Bitcoin Cash (BCH-USD).
ALVOX is managed by Alger. It was launched on Jan 25, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALVOX or BCH-USD.
Correlation
The correlation between ALVOX and BCH-USD is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALVOX vs. BCH-USD - Performance Comparison
Key characteristics
ALVOX:
0.70
BCH-USD:
-0.07
ALVOX:
1.12
BCH-USD:
1.35
ALVOX:
1.15
BCH-USD:
1.13
ALVOX:
0.71
BCH-USD:
0.19
ALVOX:
2.35
BCH-USD:
1.50
ALVOX:
8.81%
BCH-USD:
31.68%
ALVOX:
29.50%
BCH-USD:
66.34%
ALVOX:
-57.47%
BCH-USD:
-98.03%
ALVOX:
-12.20%
BCH-USD:
-89.25%
Returns By Period
In the year-to-date period, ALVOX achieves a -4.57% return, which is significantly lower than BCH-USD's -2.81% return.
ALVOX
-4.57%
7.84%
-3.43%
20.41%
5.54%
3.93%
BCH-USD
-2.81%
39.99%
11.71%
-7.33%
12.62%
N/A
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Risk-Adjusted Performance
ALVOX vs. BCH-USD — Risk-Adjusted Performance Rank
ALVOX
BCH-USD
ALVOX vs. BCH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Portfolio (ALVOX) and Bitcoin Cash (BCH-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
ALVOX vs. BCH-USD - Drawdown Comparison
The maximum ALVOX drawdown since its inception was -57.47%, smaller than the maximum BCH-USD drawdown of -98.03%. Use the drawdown chart below to compare losses from any high point for ALVOX and BCH-USD. For additional features, visit the drawdowns tool.
Volatility
ALVOX vs. BCH-USD - Volatility Comparison
The current volatility for Alger Capital Appreciation Portfolio (ALVOX) is 9.51%, while Bitcoin Cash (BCH-USD) has a volatility of 22.38%. This indicates that ALVOX experiences smaller price fluctuations and is considered to be less risky than BCH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.