Alpha Capital Jensen Alpha

ASPCW -  USA Stock  

USD 0.99  0.24  32.00%

Alpha Capital jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Alpha Capital Acquisition or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools

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Alpha Capital Acquisition has current Jensen Alpha of 0.337. 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-freerate.
Jensen Alpha 
 = 
ER[a] - RFR * (1-BETA) 
BETA * ER[b]) 
 = 
0.337
ER[a] = Expected return on investing in Alpha Capital
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Alpha Capital and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Alpha Capital Jensen Alpha Peers Comparison

Alpha Jensen Alpha Relative To Other Indicators

Alpha Capital Acquisition is rated third in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  207.31  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Alpha Capital Acquisition is roughly  207.31 
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.
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