FS KKR Jensen Alpha
| FSK Stock | | | USD 10.84 -0.11 -1.00% |
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 FS KKR's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
The Jensen Alpha of
-0.20 for FS KKR indicates slightly negative alpha — return marginally below the CAPM-predicted level. FS KKR has slightly underperformed relative to what its market beta would imply.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | -0.20 | |
| ER[a] | = | Expected return on investing in FS KKR |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between FS KKR and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Among sector peers, FS KKR's Jensen Alpha of -0.1996 is below the -0.03 group average. The range runs from -0.1937 (BlackRock TCP Capital) to 0.1215 (Trinity Capital). FS KKR 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 FS KKR 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 FS KKR to PeersMethodology, Assumptions & Data Sources
FS KKR has a current Jensen Alpha reading of -0.20. This Jensen Alpha reading for FS KKR 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. FS KKR operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
Other Technical Indicators