International Business Jensen Alpha

International Business Machines Corporation -- USA Stock  

USD 156.20  1.15  0.73%

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International Business Machines Corporation has current Jensen Alpha of 0.015329. 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.
International Business 
Jensen Alpha 
ER[a] - RFR * (1-BETA) 
BETA * ER[b]) 
ER[a] =   Expected return on investing in International Business
ER[b] =   Expected return on market index or selected benchmark
BETA =   Beta coefficient between International Business and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Jensen Alpha Comparison

International Business Machines Corporation is rated below average in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
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.
Compare International Business to competition
International Business Machines Corporation operates as an integrated technology and services company worldwide. International Business Machines Corporation was founded in 1911 and is headquartered in Armonk, New York. International Business operates under Information Technology Services classification in USA and traded on New York Stock Exchange. It employs 366600 people. more
NameInternational Business Machines Corporation
ChairmanVirginia RomettyView All
Thematic Classifications
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock View All
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00051143.0
CurrencyUSD - US Dollar