Alphabet Jensen Alpha 
Alphabet Inc has current Jensen Alpha of 0.1504. 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.
Alphabet Inc 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 16.85 of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Alphabet Inc is roughly 16.85
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.
Alphabet 
 =  0.1504 

Jensen Alpha Comparison
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Alphabet Inc. through its subsidiaries offer online advertising services in the United States the United Kingdom and rest of the world. more
Name  Alphabet Inc 
Instrument  USA Stock 
Region  North America 
Exchange  NASDAQ 
CIK Number  0001652044 
ISIN  US02079K1079 
Analyst Consensus  
Piotroski F Score  
Macroaxis Advice  
Bond Rating  
Currency  USD  US Dollar 
Technical Indicators
All Alphabet Technical Indicators
Cycle Indicators  
Math Operators  
Math Transform  
Momentum Indicators  
Overlap Studies  
Pattern Recognition  
Price Transform  
Statistic Functions  
Volatility Indicators  
Volume Indicators 
Risk Adjusted Performance  0.0556  
Market Risk Adjusted Performance  0.0836  
Mean Deviation  0.5735  
Semi Deviation  0.5989  
Downside Deviation  0.8098  
Coefficient Of Variation  1101.35  
Standard Deviation  0.8012  
Variance  0.6419  
Information Ratio  0.2065  
Jensen Alpha  0.1504  
Total Risk Alpha  0.2042  
Sortino Ratio  0.2043  
Treynor Ratio  0.0736  
Maximum Drawdown  2.53  
Value At Risk  (1.01)  
Potential Upside  1.4  
Downside Variance  0.6557  
Semi Variance  0.3587  
Expected Short fall  (0.59)  
Skewness  0.3322  
Kurtosis  0.8303 