PORTAX Software > Alpha Performance

Alpha Performance measures the ability of a manager to outperform a passive investment strategy given an investor's specific portfolio targets, tax issues and spending patterns.

Based on your estimations for both  manager alpha income and alpha capital gains, the alpha performance measures manager performance using management fees and tax costs on a per period basis. Then utilizing the Monte Carlo simulator can  generate alpha performance confidence intervals.

   

Alpha Income and Alpha Capital Gains are input in the Assets Editor.

  Assets Editor: Alpha Income and Alpha Capital Gains


The Returns spreadsheet in the Cash Projections displays detailed  results for Alpha Performance.

 
Returns: Alpha Performance

The Tables spreadsheet in Cash Projections displays Alpha Performance for Income, Short Term Capital Gains, Long Term Capital Gains and Total.  The example to the left shows Alpha Total Performance.

 
Tables: Alpha Total Performance

The Monte Carlo Simulator in Cash Projections calculates and displays Alpha Performance for Income, Short Term Capital Gains, Long Term Capital Gains and Total.  The example to the left shows Alpha Total Performance.

 
Simulator:: Alpha Total Performance