Inspire Global Jensen Alpha
| BLES ETF | | | USD 48.11 0.72 1.52% |
Jensen Alpha measures the return attributable to active skill rather than passive market exposure. It is the residual return after subtracting the risk-free rate and the beta-adjusted market premium — the return the asset should have earned based solely on its systematic risk. Below is Inspire Global's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
The current Jensen Alpha of 0.0953 places Inspire Global at positive alpha — return above what market exposure alone would predict. Inspire Global has generated modest excess return beyond what its systematic risk exposure explains.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.0953 | |
| ER[a] | = | Expected return on investing in Inspire Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Inspire Global and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Inspire Global falls above the 0.02 peer average for Jensen Alpha. Northern Lights leads at 0.0519 while Dana Concentrated Dividend registers the lowest at -0.0298. Inspire Global has generated more excess return relative to its market exposure than the peer group average.
Jensen Alpha Relative To Other Indicators
The chart below plots Jensen Alpha against Maximum Drawdown for Inspire Global and its peers. Each point represents one equity — position along the horizontal axis shows Jensen Alpha while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Jensen Alpha (
0.10 ) to Maximum Drawdown (
4.22 ) for Inspire Global yields a
44.25 multiple. This indicates Maximum Drawdown substantially exceeds Jensen Alpha for Inspire Global.
Methodology, Assumptions & Data Sources
Inspire Global's Jensen Alpha currently stands at 0.0953. This Jensen Alpha reading for Inspire Global results from applying the indicator's calculation rules to price and volume data over the selected window. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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