Agilent Technologies Jensen Alpha

    Agilent Technologies 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.
    Agilent Technologies 
    Jensen Alpha 
     = 
    ER[a] - RFR * (1-BETA) 
    BETA * ER[b]) 
     = 
    0.0
    ER[a] =   Expected return on investing in Agilent Technologies
    ER[b] =   Expected return on market index or selected benchmark
    BETA =   Beta coefficient between Agilent Technologies and the market
    RFR =   Risk Free Rate of return. Typically T-Bill Rate

    Jensen Alpha Comparison

    Agilent Technologies Inc is rated below average in jensen alpha category among related companies. It is rated below average 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.
    Agilent Technologies Inc. offer application focused solutions to the life sciences diagnostics and applied chemical markets worldwide. more
    NameAgilent Technologies Inc
    InstrumentUSA Stock
    RegionNorth America
    ExchangeNew York Stock Exchange
    CIK Number0001090872
    ISINUS00846U1016
    CUSIP00846U101
    Analyst Consensus
    Piotroski F Score
    Macroaxis Advice
    Bond Rating
    BBB+Good
    CurrencyUSD - US Dollar