American Airlines Jensen Alpha

    American Airlines Group Inc -- USA Stock  

    USD 58.27  0.53  0.92%

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

    Jensen Alpha Comparison

    American Airlines Group 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.
    American Airlines Group Inc., through its subsidiaries, operates in the airline industry. more
    NameAmerican Airlines Group Inc
    Analyst Consensus
    Macroaxis Advice
    InstrumentUSA Stock Stocks Directory
    RegionNorth America
    ExchangeNASDAQ
    CIK Number00006201.0
    ISINUS02376R1023
    CUSIP02376R102
    Related EntityAMR
    CurrencyUSD - US Dollar