City Office Jensen Alpha
| CIO Stock | | | USD 0.08 0.00 0.00% |
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 City Office's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
With Jensen Alpha at 0.3767, City Office shows positive alpha — return above what market exposure alone would predict. City Office has generated modest excess return beyond what its systematic risk exposure explains.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.3767 | |
| ER[a] | = | Expected return on investing in City Office |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between City Office and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
City Office falls above the -0.25 peer average for Jensen Alpha. Modiv Inc leads at 0.2823 while Wheeler Real Estate registers the lowest at -2.6249. City Office 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 City Office 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.
City Office shows nearly
136.22 of Maximum Drawdown per unit of Jensen Alpha (
0.38 versus
51.32 ). This indicates Maximum Drawdown substantially exceeds Jensen Alpha for City Office.
Methodology, Assumptions & Data Sources
City Office has a current Jensen Alpha reading of 0.3767. This Jensen Alpha reading for City Office results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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