Risk-adjusted returns: Alpha vs Beta analysis with quadrant categorization
Bubble size = Total P&L • Color = Sharpe ratio (green = high, red = low) • Click to see details
Alpha measures excess returns above the market. Positive alpha indicates outperformance through skill, research, or timing. Negative alpha suggests underperformance.
Beta measures market sensitivity. Beta = 1 means moves with the market. Beta > 1 amplifies market movements. Beta < 1 dampens market movements.
Note: Alpha and beta calculations are approximations based on available P&L data. For precise risk-adjusted metrics, contact the fund directly or consult their prospectus.
P&L figures are estimates, not actual cost basis. Gains and losses are calculated using the stock price on the date a holder first crossed the 5% substantial shareholder disclosure threshold, multiplied by their latest reported share count. Actual acquisition costs may differ significantly as shares are typically accumulated over time at various prices.
Data sourced from NZX disclosures. Our datasets may not be complete and we are continuously updating and adding more data to the platform.
This analysis is provided for informational and educational purposes only. Nothing on this page constitutes financial, investment, legal, or tax advice. Past performance does not guarantee future results. Always conduct your own research and consult with qualified professionals before making any investment decisions.
Data sourced from publicly available NZX disclosures. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. Past performance does not indicate future results. For informational purposes only. Not investment advice.
