| 06417XAK7 | | | 100.21 0.02 0.02% |
06417XAK7 jensen-alpha technical analysis lookup allows you to check this and other technical indicators for BNS 5406829 11 APR 25 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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BNS 5406829 11 APR 25 has current Jensen Alpha of
(0.02). 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]) |
| = | (0.02) | |
| ER[a] | = | Expected return on investing in 06417XAK7 |
| ER[b] | = | Expected return on market index or selected benchmark |
| BETA | = | Beta coefficient between 06417XAK7 and the market |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
06417XAK7 Jensen Alpha Peers Comparison
06417XAK7 Jensen Alpha Relative To Other Indicators
BNS 5406829 11 APR 25 cannot be rated in Jensen Alpha category at this point. It cannot be rated in Maximum Drawdown category at this point. .
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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