| IBITEC-F | | | 79.50 0.50 0.63% |
IBI Mutual jensen-alpha technical analysis lookup allows you to check this and other technical indicators for IBI Mutual Funds or any other equities. You can select from a set of available technical 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
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IBI Mutual Funds has current Jensen Alpha of 0.3202. 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-freerate.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.3202 | |
| ER[a] | = | Expected return on investing in IBI Mutual |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between IBI Mutual and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
IBI Mutual Jensen Alpha Peers Comparison
IBI Jensen Alpha Relative To Other Indicators
IBI Mutual Funds is rated
third overall in jensen alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
47.81 of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for IBI Mutual Funds is roughly
47.81 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.
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