Vail Resorts Jensen Alpha
| MTN Stock | | | USD 119.08 0.06 0.05% |
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 Vail Resorts's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
With Jensen Alpha at
-0.20, Vail Resorts shows slightly negative alpha — return marginally below the CAPM-predicted level. Vail Resorts 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 Vail Resorts |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Vail Resorts and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Vail Resorts falls below the -0.02 peer average for Jensen Alpha. SGHC Limited leads at 0.4645 while Thor Industries registers the lowest at -0.5723. Vail Resorts 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 Vail Resorts 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 Vail Resorts to PeersMethodology, Assumptions & Data Sources
Vail Resorts has a current Jensen Alpha reading of -0.20. Jensen Alpha for Vail Resorts is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Vail Resorts operates in the consumer discretionary 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