| HEOFFDelisted Stock | | | USD 3.12 0.01 0.32% |
H2O Innovation technical analysis lookup allows you to check this and other technical indicators for H2O Innovation 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
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H2O Innovation has current Jensen Alpha of 1.26. 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]) |
| = | 1.26 | |
| ER[a] | = | Expected return on investing in H2O Innovation |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between H2O Innovation and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
H2O Innovation Jensen Alpha Peers Comparison
H2O Jensen Alpha Relative To Other Indicators
H2O Innovation is one of the top stocks in jensen alpha category among related companies. It is currently under evaluation in semi variance category among related companies fabricating about
0.28 of Semi Variance per Jensen Alpha. The ratio of Jensen Alpha to Semi Variance for H2O Innovation is roughly
3.63 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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