Queens Road Jensen Alpha vs. Skewness

BRSGF Stock  USD 0.52  0.00  0.00%   
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Queens Road Capital has current Jensen Alpha of 0.1442. 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]) 
ER[a] = Expected return on investing in Queens Road
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Queens Road and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Queens Road Jensen Alpha Peers Comparison

Queens Jensen Alpha Relative To Other Indicators

Queens Road Capital is rated fourth in jensen alpha category among related companies. It is currently under evaluation in skewness category among related companies making up about  50.06  of Skewness per Jensen Alpha. The ratio of Skewness to Jensen Alpha for Queens Road Capital is roughly  50.06 
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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