Bank of Nova Scotia Jensen Alpha 
BNS  USA Stock  Fiscal Quarter End: January 31, 2020 
Symbol 
 =  0.0337 
ER[a]  =  Expected return on investing in Bank of Nova Scotia 
ER[b]  =  Expected return on market index or selected benchmark 
BETA  =  Beta coefficient between Bank of Nova Scotia and the market 
RFR  =  Risk Free Rate of return. Typically TBill Rate 
Jensen Alpha Comparison
Bank Nova Scotia Halifax Pfd 3 is rated below average in jensen alpha category among related companies. It is rated below average in maximum drawdown category among related companies reporting about 80.18 of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Bank Nova Scotia Halifax Pfd 3 is roughly 80.18
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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Bank of Nova Scotia Technical Signals
All Bank of Nova Scotia Technical Indicators
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Risk Adjusted Performance  0.0776  
Market Risk Adjusted Performance  0.1466  
Mean Deviation  0.4251  
Semi Deviation  0.4284  
Downside Deviation  0.5891  
Coefficient Of Variation  770.54  
Standard Deviation  0.56  
Variance  0.3136  
Information Ratio  (0.00070493)  
Jensen Alpha  0.0337  
Total Risk Alpha  0.0042  
Sortino Ratio  (0.00067017)  
Treynor Ratio  0.1366  
Maximum Drawdown  2.7  
Value At Risk  (0.77)  
Potential Upside  1.05  
Downside Variance  0.347  
Semi Variance  0.1835  
Expected Short fall  (0.44)  
Skewness  (0.36)  
Kurtosis  0.5851 
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