Treasure Global Jensen Alpha
| TGL Stock | | | USD 4.75 0.05 1.06% |
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 Treasure Global's current Jensen Alpha with peer comparisons and related risk metrics.
Current Jensen Alpha Value
A Jensen Alpha of 0.0514 for Treasure Global signals positive alpha — return above what market exposure alone would predict. Treasure Global has generated modest excess return beyond what its systematic risk exposure explains.
Jensen Alpha | = | ER[a] - RFR * (1-BETA) | - | BETA * ER[b]) |
| = | 0.0514 | |
| ER[a] | = | Expected return on investing in Treasure Global |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between Treasure Global and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Jensen Alpha Peers Comparison
Treasure Global's Jensen Alpha of 0.0514 falls below the 0.09 peer average. Values range from -1.3188 (Wearable Devices) to 2.76 (Urgently Common Stock), with wide dispersion across the group. Treasure Global 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 Treasure Global 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.
The Maximum Drawdown-to-Jensen Alpha ratio for Treasure Global sits near
570.57 , with Jensen Alpha at
0.05 and Maximum Drawdown at
29.33 . This indicates Maximum Drawdown substantially exceeds Jensen Alpha for Treasure Global.
Methodology, Assumptions & Data Sources
Treasure Global has a current Jensen Alpha reading of 0.0514. This Jensen Alpha reading for Treasure Global results from applying the indicator's calculation rules to price and volume data over the selected window. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Treasure Global operates in the information technology sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
Other Technical Indicators