Alphabet Jensen Alpha

    Alphabet Inc -- USA Stock  

    USD 993.66  0.00  0.00%

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    Alphabet Inc has current Jensen Alpha of 0.0. Jensen alpha is a measure of the returns that are attributable to the managers ability to select security and time the market. In other words it is the returns remaining after deducting what would have been attributable to beta returns (which do not require skill) and the risk free rate.
    Alphabet 
    Jensen Alpha 
     = 
    ER[a] - RFR * (1-BETA) 
    BETA * ER[b]) 
     = 
    0.0
    ER[a] =   Expected return on investing in Alphabet
    ER[b] =   Expected return on market index or selected benchmark
    BETA =   Beta coefficient between Alphabet and the market
    RFR =   Risk Free Rate of return. Typically T-Bill Rate

    Jensen Alpha Comparison

    Alphabet Inc is rated # 4 in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
    Jensen alpha is the difference between the return of the portfolio, and what the portfolio should theoretically have earned. Any portfolio can be expected to earn the risk free rate (RF), plus the market risk premium (which is given by [Beta x (Market Portfolio Return - Risk Free Rate)]. Anything remaining over and above is alpha.
    Alphabet Inc., through its subsidiaries, offer online advertising services in the United States, the United Kingdom, and rest of the world. more
    NameAlphabet Inc
    Analyst Consensus
    Macroaxis Advice
    Bond Rating
    InstrumentUSA Stock Stocks Directory
    RegionNorth America
    ExchangeNASDAQ
    CIK Number01652044.0
    ISINUS02079K1079
    CurrencyUSD - US Dollar