Stratim Cloud Jensen Alpha

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Stratim Cloud Acquisition has current Jensen Alpha of 0.7727. 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])

 = 
0.7727
ER[a] = Expected return on investing in Stratim Cloud
ER[b] = Expected return on market index or selected benchmark
BETA = Beta coefficient between Stratim Cloud and the market
RFR = Risk Free Rate of return. Typically T-Bill Rate

Stratim Cloud Jensen Alpha Peers Comparison

Stratim Jensen Alpha Relative To Other Indicators

Stratim Cloud Acquisition is rated fifth in jensen alpha category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  365.55  of Maximum Drawdown per Jensen Alpha. The ratio of Maximum Drawdown to Jensen Alpha for Stratim Cloud Acquisition is roughly  365.55 
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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