<div class='circular--portrait' style='background:#FF9E01;color: white;font-size:3em;padding-top: 40px;;'>PTN</div>
PTNR -- Israel Stock  

ILA 1,580  124.00  7.28%

PARTNER COMMUNICAT jensen-alpha technical analysis lookup allows you to check this and other technical indicators for PARTNER COMMUNICAT 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
PARTNER COMMUNICAT has current Jensen Alpha of 0.1206. 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.
Jensen Alpha 
ER[a] - RFR * (1-BETA) 
BETA * ER[b]) 
ER[a] =   Expected return on investing in PARTNER COMMUNICAT
ER[b] =   Expected return on market index or selected benchmark
BETA =   Beta coefficient between PARTNER COMMUNICAT and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Jensen Alpha Comparison

PARTNER COMMUNICAT is regarded third in jensen alpha category among related companies. It is regarded fourth in maximum drawdown category among related companies reporting about  149.24  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for PARTNER COMMUNICAT is roughly  149.24 
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.

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.
Explore Thematic Ideas
Explore Investing Ideas