Criteo Sa Jensen Alpha
| CRTO Stock | | | USD 16.20 0.09 0.56% |
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 Criteo Sa's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
Criteo Sa carries a Jensen Alpha of
-0.19, consistent with slightly negative alpha — return marginally below the CAPM-predicted level. Criteo Sa has slightly underperformed relative to what its market beta would imply.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | -0.19 | |
| ER[a] | = | Expected return on investing in Criteo Sa |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Criteo Sa and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
The peer group averages -0.01 for Jensen Alpha, with Criteo Sa at -0.19 falling below that level. Readings span -0.8252 (Fubotv Inc) to 0.5559 (Ziff Davis). Criteo Sa has generated less 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 Criteo Sa 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.
Compare Criteo Sa to PeersMethodology, Assumptions & Data Sources
Criteo Sa's Jensen Alpha currently stands at -0.19. Jensen Alpha for Criteo Sa is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. Criteo Sa operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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