Trueshares Structured Jensen Alpha

JUNZ -  USA Etf  

USD 25.88  0.02  0.08%

Trueshares Structured jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Trueshares Structured Outcome 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

Search Technical Indicator 

 
Refresh
Trueshares Structured Outcome has current Jensen Alpha of 0.0857. 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]) 
 = 
0.0857
ER[a] = Expected return on investing in Trueshares Structured
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Trueshares Structured and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Trueshares Structured Jensen Alpha Peers Comparison

Trueshares Jensen Alpha Relative To Other Indicators

Trueshares Structured Outcome is considered the top ETF in jensen alpha as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs reporting about  25.88  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Trueshares Structured Outcome is roughly  25.88 
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 Trueshares Structured to competition

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas