Sprint Jensen Alpha

Sprint Corporation -- USA Stock  

USD 6.23  0.02  0.32%

The Macroaxis Technical Indicators lookup allows users to check a given indicator for any equity or select from a set of available 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
Symbol
Refresh
Sprint Corporation has current Jensen Alpha of (0.51). 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.
Sprint 
Jensen Alpha 
 = 
ER[a] - RFR * (1-BETA) 
BETA * ER[b]) 
 = 
(0.51)
ER[a] =   Expected return on investing in Sprint
ER[b] =   Expected return on market index or selected benchmark
BETA =   Beta coefficient between Sprint and the market
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Jensen Alpha Comparison

Sprint Corporation is rated fifth in jensen alpha category among related companies. It is rated second 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 Sprint to competition
Sprint Corporationration, through its subsidiaries, offer various wireless and wireline communications solutions and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. more
NameSprint Corporation
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00101830.0
ISINUS85207U1051
CUSIP85207U105
Related EntityFON
CurrencyUSD - US Dollar