| INUTX Fund | | | USD 41.81 0.04 0.1% |
Columbia Dividend jensen-alpha technical analysis lookup allows you to check this and other technical indicators for Columbia Dividend Opportunity 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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Columbia Dividend Opportunity has current Jensen Alpha of 0.0085. 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]) |
| = | 0.0085 | |
| ER[a] | = | Expected return on investing in Columbia Dividend |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Columbia Dividend and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Columbia Dividend Jensen Alpha Peers Comparison
Columbia Jensen Alpha Relative To Other Indicators
Columbia Dividend Opportunity is rated
fourth overall fund in jensen alpha among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
330.16 of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Columbia Dividend Opportunity is roughly
330.16 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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