Alcoa Jensen Alpha 
AA  USA Stock  USD 28.12 0.41 1.44% 
Symbol  Refresh 
Alcoa 
 =  (0.20) 
ER[a]  =  Expected return on investing in Alcoa 
ER[b]  =  Expected return on market index or selected benchmark 
BETA  =  Beta coefficient between Alcoa and the market 
RFR  =  Risk Free Rate of return. Typically TBill Rate 
Jensen Alpha Comparison
Alcoa Corporation 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.Jensen Alpha  ...

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Alcoa Technical Signals
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Risk Adjusted Performance  0.025  
Market Risk Adjusted Performance  0.0415  
Mean Deviation  1.99  
Semi Deviation  2.6  
Downside Deviation  2.69  
Coefficient Of Variation  3670.62  
Standard Deviation  2.69  
Variance  7.23  
Information Ratio  (0.024429)  
Jensen Alpha  (0.20)  
Total Risk Alpha  (0.48)  
Sortino Ratio  (0.024416)  
Treynor Ratio  0.0315  
Maximum Drawdown  12.61  
Value At Risk  (3.82)  
Potential Upside  3.65  
Downside Variance  7.23  
Semi Variance  6.78  
Expected Short fall  (1.90)  
Skewness  0.6758  
Kurtosis  1.38 
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