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 0.17, 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:
2.62
BCH-USD:
-0.18
ALVOX:
3.31
BCH-USD:
0.28
ALVOX:
1.45
BCH-USD:
1.03
ALVOX:
1.33
BCH-USD:
0.00
ALVOX:
14.40
BCH-USD:
-0.50
ALVOX:
3.66%
BCH-USD:
26.36%
ALVOX:
20.13%
BCH-USD:
84.65%
ALVOX:
-57.47%
BCH-USD:
-98.03%
ALVOX:
-5.47%
BCH-USD:
-88.27%
Returns By Period
In the year-to-date period, ALVOX achieves a 52.21% return, which is significantly lower than BCH-USD's 77.54% return.
ALVOX
52.21%
3.16%
20.25%
52.62%
8.09%
5.19%
BCH-USD
77.54%
-9.74%
26.47%
100.83%
19.72%
N/A
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Risk-Adjusted Performance
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 6.25%, while Bitcoin Cash (BCH-USD) has a volatility of 24.68%. 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.