JPMorgan Chase Jensen Alpha

JPM Stock  USD 185.29  0.77  0.41%   
JPMorgan Chase jensen-alpha technical analysis lookup allows you to check this and other technical indicators for JPMorgan Chase Co 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 Equity Screeners to view more equity screening tools
JPMorgan Chase Co has current Jensen Alpha of 0.1999. 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 JPMorgan Chase
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between JPMorgan Chase and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

JPMorgan Chase Jensen Alpha Peers Comparison

JPMorgan Jensen Alpha Relative To Other Indicators

JPMorgan Chase Co is rated third overall in jensen alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  15.67  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for JPMorgan Chase Co is roughly  15.67 
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 JPMorgan Chase to Peers

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