KORE Group Jensen Alpha
| KORE Stock | | | USD 9.15 -0.02 -0.22% |
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 KORE Group's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
KORE Group has a Jensen Alpha of 1.32, indicating strong positive alpha — return materially above what market exposure alone would predict. KORE Group has generated returns well beyond what its beta-adjusted market risk explains.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 1.32 | |
| ER[a] | = | Expected return on investing in KORE Group |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between KORE Group and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Relative to peers, KORE Group's Jensen Alpha is below the group average of 16.91. Peer readings range from -0.572 (NIP Group American) to 169.43 (KORGW), reflecting wide dispersion across the sector. KORE Group 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 KORE Group 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.
With Jensen Alpha at
1.32 and Maximum Drawdown at
78.98 , KORE Group shows a
59.91 -to-one ratio between these indicators. This indicates Maximum Drawdown substantially exceeds Jensen Alpha for KORE Group.
Methodology, Assumptions & Data Sources
KORE Group's Jensen Alpha currently stands at 1.32. This Jensen Alpha reading for KORE Group results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. KORE Group operates in the communication services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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